“…Receivers are placed on the sea floor to detect direct, reflected and guided waves from the seabed. Guided waves from the deep target have very low magnetic field strength [1][2][3][4][5][6][7][8][9][10][11][12][13], whereas oil and gas industry require strong electromagnetic signals with low signal to noise ratio for the detection of the deep targets. Nanoferrites have been used in many practical and technological applications, such as, magnetic devices in electronics, optical and microwave devices, memory storage, waveguides, isolators, permanent magnets, inductors, circulators phase shifters, relays, sensors and antennas etc.…”