Electromagnetic Geoservices ASA 2018 AR2
The report outlines the financial and operational performance of Electromagnetic Geoservices ASA (EMGS) for the fiscal year 2018. During this challenging year, the company focused on cost reduction measures, including headcount and fleet size adjustments, while continuing to develop its cutting-edge electromagnetic technology. Key highlights include the commercial use of the Deep Blue source system in Norway and the introduction of cloud computing services for its modeling software. Additionally, EMGS secured significant contracts in early 2019, indicating a potential market recovery.
Company: Electromagnetic Geoservices ASA
Sector: Energy
Country: Norway
Year: 2018
Type: AR2
Pages: 113
Electromagnetic Geoservices ASA
Annual Report
The report outlines the financial and operational performance of Electromagnetic Geoservices ASA (EMGS) for the fiscal year 2018. During this challenging year, the company focused on cost reduction measures, including headcount and fleet size adjustments, while continuing to develop its cutting-edge electromagnetic technology. Key highlights include the commercial use of the Deep Blue source system in Norway and the introduction of cloud computing services for its modeling software. Additionally, EMGS secured significant contracts in early 2019, indicating a potential market recovery.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Jun 13, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees