January 23, 2022: North to complete smaller Equity funding of up to NOK 7,2 million within January 31st.

 

North Geo Services has invited existing and new shareholders to participate in an equity offering of up to NOK 7,2 million. The proceeds will be used to fund our part of a technology demonstration test and further commercialisation of the Company. The company has a total of 720,000 new shares to be issued at a price of NOK 10. Existing total number of shares is at present 3,111,004, the minimum subscription for new shares is NOK 10,000 and the issue will end on January 31, 2022.

Subsequent to the completion of the Equity fund raising, North GeoServices plan to register on NOTC for a public trading of our shares. NOTC is a marketplace for unlisted shares. NOTC AS is owned 100% by Oslo Børs ASA which has changed name to Euronext NOTC.

For further interest please contact;

 

Toril Leite, CEO at +47 916 93 636. toril.leite@northgeoservices.com

Øyvind Fosse, CFO at +47 926 08 258, oyvind.fosse@northgeoservices.com

David Hemingway, COO at +44 7854 906521, david.hemingway@northgeoservices.com

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December 17, 2021: We are extremely pleased to be invited to take part in the FLOW Offshore Wind Accelerator program 2022

Offshore Wind is one of our key markets, being part of the program opens up important opportunities for North GeoServices, giving us in-depth knowledge about the operators and the offshore wind industry in Norway. Participation in the FLOW program will allow us to meet clients, potential partners and investors, in addition to the prospects we are following up on individually.
Last but not least, it will be interesting to further develop our company and evolve together with the other participating companies,
Saferock (https://saferock.no/) , Alerion  (https://aleriontec.com/en/) , Sensorise GmbH (https://sensorise.de) and X1 Wind (https://www.x1wind.com).

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December 13, 2021: Grant Awarded from the Norwegian Research Council for Technology Demonstration

North GeoServices are pleased to announce award of a grant from the Norwegian Research Council (NRC) for Technology Demonstration of its “All-in-One” acquisition solution.
The project is supported by Lundin Energy Norway & Seamap (MIND Technology, Inc. ) and will be undertaken on the Utsira High in the Norwegian North Sea during Q1 2022.
Pending technical suitability, the test will be done over a Lundin PL, such as Edward Grieg or Lilleprinsen or other.
https://lnkd.in/dz9q9uw2
https://lnkd.in/gpPdiJZ2

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October 31, 2021: New Chief Technical Officer

North GeoServices are pleased to welcome Terje Nalum to the team in the role of Chief Technical Officer. Terje brings a wealth of knowledge to the role, with long experience in the offshore survey industry, specialising in source, handling & mechanical systems. Terje’s role as CTO will ensure that North are at the forefront when it comes to exploiting new, low environmental impact source systems for utilisation in our All-In-One modular survey systems.

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October 12, 2021: A new strategic cooperation

North GeoServices & OSM Group are pleased to announce a new strategic cooperation. The combination of OSM’s vessel operations & management experience, with North’s All-In-One survey solutions will ensure safe, efficient & high quality project delivery from a unified crew with a common goal of reduced carbon footprint operations.

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August 6, 2021: Registered Trademark

North GeoServices are pleased to confirm formal registration & exclusive trademark rights in Norway for “All-In-One”, North’s innovative seismic acquisition method.

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June 4, 2021: Appointment of Board of Directors

North GeoServices are pleased to announce the appointment of it's Board of Directors.

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June 1, 2021: Powered by Innovation Norway

North GeoServices are proud and excited to be recipients of a "Powered by Innovation Norway" grant as we start our low carbon All-In-One® journey.