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

AU Energy to acquire Tullow Netherlands unit

09/05/2014 AU Energy BV, a subsidiary of Mercuria Energy Group Ltd., has agreed to acquire Dutch operated and nonoperated L12/L15 block interests and nonopera...

Boardwalk buys Louisiana ethylene pipeline from Chevron

09/04/2014 Boardwalk Pipeline Partners LP has agreed to buy Chevron Petrochemical Pipeline LLC—including the 176-mile Evangeline ethylene pipeline—from Chevro...

Federal judge finds BP E&P negligent in Macondo crude oil spill

09/04/2014 A nearly 5 million bbl crude oil spill following the 2010 Macondo deepwater well blowout in the Gulf of Mexico was the result of operator BP Explor...

Tamarack to buy Suncor’s Wilson Creek assets

09/04/2014 Tamarack Acquisition Corp., a subsidiary of Tamarack Valley Energy Ltd., will acquire Wilson Creek assets in central Alberta from Suncor Energy Inc...

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