Shell, EMGS sign research and development agreement

By OGJ editors
HOUSTON, Dec. 29 -- Shell International Exploration & Production BV and ElectroMagnetic GeoServices AS (EMGS) signed a 1-year agreement to collaborate on expanding the applications EMGS's proprietary seabed logging technique.

Terms include an option to extend the marine electromagnetic survey research and development agreement for another year.

EMGS will receive funding for conducting research, testing concepts, and developing software. Shell will secure access to EMGS's software resources and computers, and the participation from its employees to achieve common objectives. In addition, Shell will fund exclusive seabed-logging surveys.

Meanwhile, both companies also will conduct parallel in-house development of the method. An EMGS vessel was expected to start the first experimental 3D survey for Shell within days. Statoil ASA formed EMGS in early 2002 (OGJ Online, Jan. 31, 2002).

Related Articles

Gorder named Valero chief executive officer

03/25/2014

Joe Gorder, Valero Energy Corp. president and chief operating officer, has been named chief executive officer, succeeding Bill Klesse.

Double Eagle changes name, appoints chief executive officer

03/25/2014 Double Eagle Petroleum Co., Denver, has appointed Charles F. Chambers to the position of chairman and chief executive officer, effective Apr. 1. As...

MOL closes purchase of North Sea assets from Wintershall

03/25/2014 MOL Group, Budapest, has completed its transaction with Wintershall, Kassell, Germany, in which MOL acquires offshore assets with 14 licenses in th...

Gasoline price games

03/24/2014 Let's assume you're a typical American, typically scornful of the oil and gas industry. You don't work for the industry. You don't know much about ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected