Electromagnetic mapping of Barents Sea
The world’s largest multi-client electromagnetic survey in the Barents Sea has been conducted by the Norwegian company Electromagnetic Geoservices (EMGS).
The survey area, at more than 9000 km2 and covering 30 blocks, includes all the Barents Sea acreage in the licensing round, the company reports in a press release.
The survey is conducted ahead of Norway’s 20th exploration licensing round, Offshore.no reports.
-We are excited by the results, which reveal valuable information related to the prospectivity of the survey areas, EMGS chief executive Terje Eidesmo says. -The EM data will give potential bidders a competitive advantage during the licensing round, and will help them target their exploration resources more effectively, he adds.