Trondheim, Norway - September 1, 2006 - emgs is adding the offshore support vessel Relume to its seabed-logging survey fleet. The vessel is going into service initially in the North Sea, the Norwegian Sea and the Barents Sea, and increases the company's ability to perform multiple surveys across the world.
The vessel enables emgs to meet the rising demand for its proprietary seabed-logging technology. This method uses electromagnetic energy to identify offshore, subsurface resistivity anomalies such as commercial-scale hydrocarbon reservoirs. Because it can determine if a reservoir contains hydrocarbons or water without drilling, the method is reducing oil companies' risks and costs of exploration.
The vessel enables emgs to meet the rising demand for its proprietary seabed-logging technology. This method uses electromagnetic energy to identify offshore, subsurface resistivity anomalies such as commercial-scale hydrocarbon reservoirs. Because it can determine if a reservoir contains hydrocarbons or water without drilling, the method is reducing oil companies' risks and costs of exploration.
Erik Skogen, emgs vice president of operations, says, "The acquisition of this vessel and its deployment in the North Sea and Barents Sea is significant. First, it firmly demonstrates that seabed logging has a rapidly accelerating mainstream market. Second, it shows that the technique is accepted by the industry as a proven means of finding hydrocarbons in both mature basins and frontier regions."
Skogen continues, "We are increasingly working for customers who ask us to return to areas to make more detailed surveys. The addition of the Relume to our fleet demonstrates a long-term commitment to meeting our customers' needs."
The Relume is fitted with the latest generation of emgs' equipment, which will be field-tested off Denmark during September. The vessel joins the Geo Angler commissioned in mid-2003, the Atlantic Guardian and the Sasha, which were commissioned in May and November 2005 respectively.
Terje Eidesmo, emgs president and chief executive officer, says, "This vessel demonstrates the strength of the demand for our services; it adds to our global survey capacity. We expect to commission more vessels as the market continues to grow."
For further information contact:
Erik Skogen, VP Operations, emgs; email: es@emgs.com ; mobile: +47 909 35 757
Ken Feather, VP Marketing, emgs; email kwf@emgs.com; mobile +33 6 13 83 0111