Shell, EMGS form JIP

Shell and Electromagnetic Geoservices ASA have joined a joint industry project to plan and design the next generation 3D electromagnetic survey equipment. Over the next half-year, the JIP will conduct a feasibility study consisting of laboratory tests, design solution development, specifications, and a project plan to develop new source, receiver, and positioning systems. 
"We are very pleased to be working with EMGS to take CSEM, already a significant exploration technology for Shell, to the next level. We believe the next-generation system will at least double the number of hydrocarbon prospects we can evaluate with EM," says Mark Rosenquist, EM Team lead at Shell Exploration and Production Inc, Exploration Research. 
Source: Press release