EMGS receives Letter of Award for Survey in India

Company Overview - EMGS is the market leader in marine electromagnetic (EM) technology, providing services to oil and gas companies for offshore hydrocarbon exploration [1] - The company supports the entire workflow from survey design to data interpretation, integrating EM data with seismic and other geophysical information [1] - EMGS's technology improves exploration efficiency, reduces risks, and lowers finding costs per barrel [1] - The company is exploring the use of its CSEM technology for detecting and estimating marine mineral deposits, particularly Seabed Massive Sulphides [1] Recent Contract Announcement - EMGS has received a Letter of Award for a CSEM survey in India with an expected contract value of approximately USD 10 million [2] - The survey will be conducted by the Atlantic Guardian vessel after completing a previously announced survey in India [2] - The final contract execution is expected within the next several weeks [2]