PGS Secures 3D Contract in South Atlantic

(Credit: PGS)
(Credit: PGS)

Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company.

A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days.

The value of the contract has not been disclosed, but PGS announces contract awards with a value of $10 million or more, multiclient projects with a duration of 2 months or more, and strategically important contracts.

“Seismic activity offshore South Atlantic margin is increasing as a result of recent exploration success, and we are very pleased with this letter of award, extending visibility for one of our Ramform Titan-class vessels well into 2025.

“The combination of the Ramform acquisition platform and our GeoStreamer technology is well suited for large scale exploration surveys and positioned to deliver strong operational performance over extended time periods,” says Rune Olav Pedersen, President & CEO in PGS.

Current News

US Oil and Gas Operator Hires Elemental Energies for Major Decom Job in Gulf of Mexico

US Oil and Gas Operator Hires

Van Oord Gets Windanker Monopiles and Cables Installation Job

Van Oord Gets Windanker Monopi

CIP Inaugurates 595MW Changfang-Xidao Offshore Wind Farms in Taiwan

CIP Inaugurates 595MW Changfan

Galp Sells Its Upstream Assets in Mozambique to ADNOC

Galp Sells Its Upstream Assets

Subscribe for OE Digital E‑News

Offshore Engineer Magazine