Brief: Electromagnetic Geoservices Q2 Vessel Activity

Voim ASA

08/07/2025 07:54

July 8 (Reuters) - Electromagnetic Geoservices ASA EMGS.OL:

SAID ON MONDAY AT THE END OF Q2 EMGS HAD ONE VESSEL ON CHARTER, THE ATLANTIC GUARDIAN

ATLANTIC GUARDIAN COMPLETED THE SECOND OF TWO PROPRIETARY SURVEYS IN INDIA IN THE QUARTER AND STARTED TRANSIT BACK TO NORWAY FOR THREE FULLY PREFUNDED MULTI-CLIENT SURVEYS IN THE NORTH SEA WITH A TOTAL CONTRACT VALUE OF USD 2.7 MILLION

Q2 UTILIZATION 44% VS 51% LAST YR

Q2 VESSEL IN OPERATION 3.0 VESSEL MONTHS VS 3.0 LAST YR

EXPECTS TO RECORD APPROXIMATELY USD 200,000 IN MULTI-CLIENT LATE SALES IN Q2 2025

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 Further company coverage: EMGS.OL

 (Gdansk Newsroom)

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