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    EMGS to mobilise third vessel

    Vessel & ROV News // April 13, 2011

    Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to charter the vessel Atlantic Guardian for six months from 25 April 2011, with optional extensions of up to six months.

    EMGS will equip Atlantic Guardian with its custom-designed acquisition set, which will give the vessel the ability to acquire 3D EM data.

    EMGS has secured nearly five months of backlog, at an estimated value of US$20 million for its third vessel.

    The company is currently pursuing further opportunities, which it is confident will result in full contract coverage for the firm charter period.

    Atlantic Guardian will start its campaign in the North Sea in early May before heading to the Americas to perform additional projects. 

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