Electromagnetic Geoservices ASA (EMGS.OL)

2.2750 +0.0750 (+3.41%) At close: 03:20PM CEST

Electromagnetic Geoservices ASA

Karenslyst Allè 4
4th floor
Oslo 0278
Norway

https://www.emgs.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full Time Employees: 19

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Knut Anders Eimstad	Chief Financial Officer	2.69M	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. It is involved in the planning, acquisition, processing, modelling, interpretation, and integration of EM data. The company uses its patented EM survey method to find hydrocarbons in offshore reservoirs. It engages in the provision of controlled-source EM surveying and magneto telluric surveying; imaging and interpretation; rental of software and cluster; and training services. The company has operations in Europe, the Middle East, Africa, Norway, North and South America, Asia, and the Pacific Ocean. Electromagnetic Geoservices ASA was incorporated in 2002 and is headquartered in Oslo, Norway.

Corporate Governance

Electromagnetic Geoservices ASA’s ISS Governance QualityScore as of May 1, 2024 is 9. The pillar scores are Audit: 10; Board: 8; Shareholder Rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.