Inactive Instrument

Company ElectroMagnetic GeoServices ASA Xetra

Equities

E2M

NO0010358484

Oil Related Services and Equipment

Business Summary

Electromagnetic Geoservices ASA is a Norway-based company active within the oil and gas industry. The Company uses its electromagnetic surveying technology in the offshore oil and gas exploration industry. Electromagnetic Geoservices ASA is engaged in acquiring and processing high-quality marine Controlled-Source Electromagnetic (CSEM) data that helps the customers to increase their exploration success through modelling, integrating and interpreting these data. The Company has operations in Norway Mexico, Brazil and the US and operates through numerous subsidiaries, such as Servicos Geologicos Electromagneticos Do Brazil LTDA, EMGS Sea Bed Logging Mexico SA de CV, Sea Bed Logging - Data Storage Company AS and EMGS Asia Pacific Labuan Ltd.

Sales per Business

NOK in Million2022Weight2023Weight Delta
Multi-client Late Sales
90.4 %
114 33.9 % 76 90.4 % -33.18%
Contract
9.6 %
130 38.8 % 8 9.6 % -93.79%

Sales per region

NOK in Million2022Weight2023Weight Delta
Norway
93.0 %
201 59.7 % 78 93.0 % -60.93%
North and South America
5.6 %
135 40.1 % 5 5.6 % -96.52%
Asia and the Pacific Ocean
1.3 %
0 0.1 % 1 1.3 % +186.74%
Europe, Middle East and Africa
0.1 %
0 0.1 % 0 0.1 % -72.53%

Managers

Managers TitleAgeSince
Chief Executive Officer - 02-12-31
Director of Finance/CFO - 05-12-31
Corporate Officer/Principal - -
Sales & Marketing - -
Corporate Officer/Principal 53 05-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 47 21-11-24
Director/Board Member 65 14-12-22
Director/Board Member 52 21-11-24
Director/Board Member - 21-05-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 130,969,690 31,114,133 ( 23.76 %) 0 23.76 %

Company contact information

ElectroMagnetic GeoServices ASA

Karenslyst Allè 4 4th Floor

0278, Oslo

+47 91 14 11 49

http://www.emgs.com
address ElectroMagnetic GeoServices ASA(E2M)
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