Electromagnetic Geoservices (EMGS) has received a letter of award (LoA) from an undisclosed customer for a proprietary data acquisition survey in south-east Asia.
The total contract value of the survey is estimated to be in excess of USD 20 million.
Based on the letter of award, the company has started mobilization of the BOA Thalassa vessel.
Subject to final contract award, EMGS expects to start the survey in the first quarter of 2019.