PGS ASA
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About
PGS ASA and its subsidiaries is a focused marine geophysical company that provides a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The company multiclient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world. The company operates on a worldwide basis with headquarters in Oslo, Norway and the PGS share is listed on the Oslo stock exchange (OSE: PGS).
News
PGS, TGS Merger Clears Norwegian Authorities, UK Still Reviewing
Energy data companies PGS and TGS said their merger has received approval by Norwegian authorities and remains under review by the U.K. Competition Market Authority.
PGS Wins 3D Contract Offshore South Atlantic Margin
PGS said a Ramform Titan-class vessel is scheduled to commence mobilization in June.
TGS Commences Multiclient 3D Seismic Project Offshore Malaysia
TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.
E&P Highlights: Feb. 26, 2024
Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
E&P Highlights: Jan. 8, 2024
Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.
PGS Awarded 3D Exploration Contract in Asia Pacific
PGS’ Ramform Sovereign is scheduled to mobilize for the survey this December.
Norwegian Companies Approve Merger Plan
TGS and PGS’ merger plan, dated Oct. 25, will be filed with the Norwegian Register of Business Enterprises.
E&P Highlights: Nov. 13, 2023
Here’s a roundup of the latest E&P headlines, including a small but commercial discovery in the North Sea and new contract awards.
PGS Awarded Exploration Contract in Mediterranean
PGS’ contract has a total duration of approximately 160 days.
Norwegian Energy Data Companies PGS, TGS to Merge
Norwegian energy data companies PGS and TGS announced they are merging to create a full-service energy data company.
E&P Highlights: Sept. 5, 2023
Here’s a roundup of the latest E&P headlines including an update on Norway’s APA 2023 and new contract awards.
E&P Highlights: Aug. 28, 2023
Here’s a roundup of the latest E&P headlines, including an FLNG design and engineering contract and new seismic offerings.
E&P Highlights: Aug. 21, 2023
Here’s a roundup of the latest E&P headlines including first production from the Marlim and Voador fields offshore Brazil and new contract awards in the upstream oil and gas industry.
PGS Begins Share Buyback Program
Initiation of share buyback for settlement of performance-based restricted stock units is granted under the company’s Long Term Incentive Plan for employees.
E&P Highlights: Aug. 7, 2023
Here’s a roundup of the latest E&P headlines including decommissioning activities in Europe and contract awards for a West Africa project.