EMGS Records Lower Vessel Utilization in Q1 2016 - cDiver
Norway’s Electromagnetic Geoservices (EMGS) reported vessel utilization for the first quarter 2016 at 55% compared with 76% for the first quarter 2015. In the first quarter of 2016, the vessels were allocated 29% to contract and 26% to multi-client projects. EMGS had two vessels in operation in the first quarter 2016. The BOA Thalassa started contract work... Continue Reading »