Tag: design

Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.  

At the end of the second quarter 2025 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian completed the second of two proprietary surveys in India in the quarter and started transit back to Norway for three fully prefunded multi-client surveys in the North Sea with a total contract value of USD 2.7 million.

MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, major industry players and young engineers combined their expertise to accelerate the sector's energy transition. This year again, HSH Prince Albert II of Monaco, President of the Yacht Club de Monaco, was keen to meet the students, stopping at paddock to discover the latest advances and following the races up close from the pontoon. “This edition was quite unique. The event itself was quite unique because it is impossible to find so many young engineers working for the sustainability of the yachting industry at the same place at the same time. Monaco is still the place where we can be in advance and for that reason we are Capital of Advanced Yachting”, said Bernard d'Alessandri, YCM General Secretary. “We are very proud to host and to work with young generations and it is beautiful to see people from everywhere in the world heading to the same direction”, he added.