EMGS takes revenue hit

Operational challenges: Boa Galatea

Norway’s Electromagnetic Geoservices (EMGS) saw its share price plunge on Tuesday after downgrading its forecast for full-year revenue due to operational glitches and lower vessel utilisation.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login