PGS Wins More Seismic Survey Work in Mediterranean Sea

©PGS
©PGS

Norwegian marine seismic survey firm PGS has won a 3D seismic survey contract in the Mediterranean Sea, the company said on the Oslo stock exchange.

PGS said the client was "an international energy company."

The company's 104.2-meter-long and 70-meter-wide Ramform Hyperion vessel is mobilizing for the survey. The offshore survey is expected to be completed in late April.

“We are very pleased with this contract award, which is the third sequential survey for Ramform Hyperion in the highly active Mediterranean geo-market, where we have built a solid acquisition campaign through the winter season,” says President & CEO in PGS, Rune Olav Pedersen.

The Ramform Hyperion was recently used by Energean for a survey offshore Greece. The vessel's AIS data, as shared Monday on the MarineTraffic.com website, shows its current locations as being "offshore Egypt."

While PGS did not share the financial value of the project, it is worth noting that PGS announces contract awards as stock exchange releases if the contract has a value of $10 million or more.


Current News

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

Global Underwater Hub Hosts Royal Visit from King Charles

Global Underwater Hub Hosts Royal Visit from King Charles

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Subscribe for OE Digital E‑News

Offshore Engineer Magazine