About Electromagnetic Geoservices
Electromagnetic Geoservices is a publicly listed company based in Trondheim (Norway) founded in 2002. 3D electromagnetic data provider for offshore oil and gas exploration. Electromagnetic Geoservices has raised $30 million across 1 funding round. The company has 16 employees. Electromagnetic Geoservices offers products and services including CSEM Data Acquisition, MT Data Acquisition, EM Processing Software, and Multi-Client Library. Its focus areas include Energy Tech, Oil & Gas Tech, Upstream and Exploration. Its legal entity is Electromagnetic Geoservices ASA. Its competitors include Petroleum Geo Services, Sharp Reflections and RagnaRock Geo; 1 of its 3 listed competitors has raised funding.
Company details
Electromagnetic Geoservices was founded in 2002 in Trondheim, Norway, and operates in the offshore oil and gas exploration sector. 3D electromagnetic data is supplied to support exploration activities. Services include the Inversion tool for depth-conversion and geo-model testing, as well as EMU for electromagnetic surveying simulations and technical assessments. Data insights are offered on portfolio polarization, hydrocarbon levels, well placement, and exploration decision-making.
- Total Equity Funding$30M (USD)
in 1 rounds
- Latest Funding Round$30M (USD), Series A
Jun 2010
- Employee Count16
Products & Services of Electromagnetic Geoservices
Electromagnetic Geoservices offers a comprehensive portfolio of products and services, including CSEM Data Acquisition, MT Data Acquisition, EM Processing Software, and Multi-Client Library.
Service for acquiring electromagnetic data in marine environments
Method for collecting geophysical data using magnetotellurics
Tools for processing and inverting electromagnetic survey data
Access to shared geophysical data for exploration purposes
Funding Insights of Electromagnetic Geoservices
Electromagnetic Geoservices has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series A round of $30 million completed in June 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30M
- Total Rounds 1
- Last Round Series A — $30M
- First Round $30M
(Jun 2010)
All 1 funding rounds of Electromagnetic Geoservices with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | $30M | Series A | – | – | – |
People of Electromagnetic Geoservices
19 people are tracked at Electromagnetic Geoservices (7 in leadership, 2 in board & advisors, 10 in team); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
Even Selnæs | VP, HR | Leadership |
Anders Eimstad | Chief Financial Officer | Leadership |
Bjørn Petter Lindhom | CEO | Leadership |
Atle Johan Bull Lund | VP Global Operations | Leadership |
Lars Petter Solevåg | Head Of Americas B.u. | Leadership |
David Neser | Chief Operating Officer / Chief Technology Officer | Leadership |
Raghava Tharimela | Director Of Sales And Business Development Asia Pacific | Leadership |
Frederik W. Mohn | Chairman | Board & advisors |
Jørgen Westad | Board Member | Board & advisors |
Dag Helland-Hansen | EVP Global Sales And Markting | Team |
Jon R. | G&g Manager NSA | Team |
Morten Hatlen | Field Geophysicist | Team |
Torkil Fenstad | Purchase Logistics Manager | Team |
Ole Jakob Birkeland | Brazil Country Manager And Software Dev | Team |
Kenny Vu | Country Manager | Team |
Vicente Venegas | Country Manager | Team |
Friedrich Roth | Global Geophysical Advisor | Team |
Gord Smith | Geophysicist | Team |
Claudia Twarz | Senior Geophysisist | Team |
Complete people profiles for Electromagnetic Geoservices
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IPO & Listings of Electromagnetic Geoservices
Electromagnetic Geoservices is a publicly listed company on the OSL with ticker symbol EMGS in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Apr 2007
- Listed onOSL: VOIM
- Listed entityElectroMagnetic GeoServices ASA
- Exchange sectorIndustrial services
- ISINNO0010358484
- Share price0.23 NOK (+2.74% on the day) · 2026-05-11
- Market capitalisation28,682,360.00 NOK
- Price to earnings1.0
- EPS (diluted, trailing year)-1.09 NOK
- Volume (last session)17,100
- Analyst consensusNo rating
Financials of Electromagnetic Geoservices
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 244.3M NOK | -148.0M NOK | 93,460 NOK |
| 2024 | 264.7M NOK | 30.3M NOK | 130.8M NOK |
| 2023 | 84.4M NOK | -86.5M NOK | 10.2M NOK |
| 2022 | 290.8M NOK | 107.7M NOK | 183.6M NOK |
| 2021 | 202.7M NOK | 42.3M NOK | 121.2M NOK |
Detailed financial statements for Electromagnetic Geoservices
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Timeline of Electromagnetic Geoservices
3 dated milestones of Electromagnetic Geoservices across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Electromagnetic Geoservices is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $30.0M.
Competitors of Electromagnetic Geoservices
Electromagnetic Geoservices has 3 listed competitors in our database, 1 of them funded. They include Petroleum Geo Services, Sharp Reflections and RagnaRock Geo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pgs.com | 1991 | Oslo, Norway | 915 | Provider of marine-focused geophysical services | ||
| sharpreflections.com | 2010 | Stavanger, Norway | 5 | Seismic data is analyzed and processed for hydrocarbon identification. | ||
| ragnarockgeo.com | 2018 | Trondheim, Norway | $217,243 | Seismic data is analyzed using AI-based software. |
Detailed competitors of Electromagnetic Geoservices
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Web traffic of Electromagnetic Geoservices
The website of Electromagnetic Geoservices (emgs.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 6.2% vs previous month
Websites whose visitors overlap most with Electromagnetic Geoservices. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pgs.com | 100% | 1.5K | #12,764,325 | View details | |
| cgg.com | 92% | 6.3K | #3,714,617 | View details | |
rocksolidimages.com | rocksolidimages.com | 84% | – | ||
| sbexp.com | 79% | 1K | #15,241,815 | View details | |
bgp.com.cn | bgp.com.cn | 77% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Electromagnetic Geoservices
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Related news about Electromagnetic Geoservices
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Frequently Asked Questions about Electromagnetic Geoservices
Electromagnetic Geoservices was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Electromagnetic Geoservices is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Electromagnetic Geoservices is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series A of $30M, raised on Jun 2010.
Electromagnetic Geoservices has 16 employees.
Electromagnetic Geoservices was founded in 2002 in Trondheim, Norway, and operates in the offshore oil and gas exploration sector. 3D electromagnetic data is supplied to support exploration activities. Services include the Inversion tool for depth-conversion and geo-model testing, as well as EMU for electromagnetic surveying simulations and technical assessments. Data insights are offered on portfolio polarization, hydrocarbon levels, well placement, and exploration decision-making.
Electromagnetic Geoservices's top competitors include Petroleum Geo Services, Sharp Reflections and RagnaRock Geo.
Electromagnetic Geoservices offers CSEM Data Acquisition, MT Data Acquisition, EM Processing Software, and Multi-Client Library.
Yes, Electromagnetic Geoservices is publicly traded on OSL under the ticker symbol EMGS.
Electromagnetic Geoservices operates through Electromagnetic Geoservices Asa.