PGS has disclosed that it is fully booked for seven vessels in Q4 2019, the company said on Oct. 4.
PGS has now committed to a multi-client program in West Africa for the eighth active vessel. The program is expected to last more than 100 days and has strong industry funding. As a consequence PGS will operate all eight active vessels also over the winter period and Sanco Swift has commenced transit from Norway to West Africa.
PGS experiences a significant increase of project activity compared to the same period last year and indications of emerging supply side constraints even over the winter season, which in recent years have had a seasonally lower activity level.
Recommended Reading
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
Baker Hughes Awarded Saudi Pipeline Technology Contract
2024-04-23 - Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.