Electromagnetic Geoservices ASA ('EMGS' or the 'Company') is pleased to announce
that it has been awarded a contract from BP for a proprietary CSEM survey,
offshore Senegal and Mauritania.

The contract has a total value of approx. USD 6 million. Acquisition is expected to start in the first quarter of 2020. CEO of EMGS, Bjørn Petter Lindhom comments: 'EMGS is delighted to return to Africa and for the opportunity to work for BP and partners on their high-profile acreage in Mauritania and Senegal. This contract extends our already healthy backlog and puts us in a good position to secure additional work in the prolific MSGBC Basin and in West Africa.'

Contact Hege Veiseth, CFO, +47 99 21 67 43

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EMGS - ElectroMagnetic GeoServices ASA published this content on 01 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2019 11:12:10 UTC