PGS Hooks 3D Acquisition Project in Mediterranean Sea

Thursday, February 22, 2024
Ramform Hyperion vessel (Credit: PGS)

Norwegian offshore seismic survey firm PGS has secured a 3D project in the Mediterranean for a major energy company.

The Ramform Hyperion is scheduled to start the survey early March and the project has a total duration of approximately 30 days.

“We are very pleased with this acquisition project award, extending the Ramform Hyperion’s campaign in the Mediterranean until the end of March. After completing this project, the Ramform Hyperion will steam to the Norwegian continental shelf and commence well pre-funded multi-client projects,” says Rune Olav Pedersen, President & CEO of PGS.

This project was not included in the quarter four 2023 order book of $366 million, but it was included in the booked position as of mid-February.

PGS announces contract awards and multi-client projects as stock exchange releases if the contract has a value of $10 million or more, multi-client projects with a duration of 2 months or more, and strategically important contracts.

Categories: Offshore Energy Subsea Industry News Activity 3D Survey Mediterranean Sea

Related Stories

DeepOcean Expands Subsea Market Scope with Shelf Subsea Acquisition

DeepOcean Expands Subsea Market Scope with Shelf Subsea Acquisition

Synaptec Rolls Out Monitoring Tech to Tackle High-Voltage Cable Faults

Synaptec Rolls Out Monitoring Tech to Tackle High-Voltage Cable Faults

Strategic Move Brings Decom Engineering's Base to Aberdeen

Strategic Move Brings Decom Engineering's Base to Aberdeen

Current News

Navantia Seanergies Delivers Second Substation Jacket for French OW Farm

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

EU: 44 Oil and Gas Firms Asked to Provide CO2 Storage Solutions

Norway Grants Permit for Equinor’s Drilling Plan in North Sea

Subscribe for OE Digital E‑News

Offshore Engineer Magazine