Boards of directors of the Norwegian seismic data companies PGS and TGS have unanimously approved and decided upon a definitive merger agreement of the two firms, in line with the terms announced in September.The merger is to be structured as a statutory, triangular merger between TGS Newco AS, a newly established wholly owned subsidiary of TGS designated for such purpose ('TGS NewCo'), TGS and PGS in accordance with Chapter 13 of the Norwegian Companies Act…
Norway-based seismic firms TGS and PGS have officially completed their merger, creating a ‘premier’ energy data company.After clearing all regulatory hurdles for the merger, the most recent of which was the approval from the UK Competition and Markets Authority…
Norwegian seismic company PGS has teamed up with Onward, an energy innovation platform, to offer on-demand seismic data interpretation.The collaboration that facilitates on-demand data interpretation provided by Onward, which leverages its technical…
Norwegian seismic company PGS has secured a 4D survey contract for an international energy client in West Africa.The mobilization for the work is scheduled for early September 2024. The contract has a total duration of approximately 65 days…
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…
Marine seismic data company PGS has secured a 4D contract in Northern Europe for an independent energy company.PGS said it will mobile its Ramform Tethys for the survey in late April.The project has a total duration of approximately 30 days…
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…
Norwegian offshore seismic survey firm PGS has started acquiring data on the EGY24 Nefertiti survey using the Ramform Hyperion vessel.The 3D GeoStreamer survey is the latest in a series of PGS surveys offshore Egypt, expected to enable better…
The Norwegian marine seismic survey services firm PGS said Thursday it had secured a 4D survey contract with an undisclosed client offshore West Africa.Mobilization is scheduled for Q4, and the contract has a total duration of approximately 60 days…
Norwegian seismic services firm PGS said Monday it had secured a 3D exploration contract in the Mediterranean Sea.PGS' Ramform Titan vessel is scheduled to mobilize for the survey in December, and the contract has a total duration of approximately 160 days…
TGS, a Norway-based provider of energy data and intelligence, said Wednedsay it had secured a four-year extension to a proprietary reservoir monitoring and source acquisition contract in Norway, with a further option to extend by another two years…
Marine geophysical company PGS announced it has been awarded a 3D exploration acquisition contract offshore Africa.One of PGS' Ramform Titan Class vessel is expected to mobilize for the survey in the fourth quarter, subject to final approvals…
Norway-based marine seismic survey services firm PGS has entered a one-year strategic collaboration with ocean bottom node seismic operations specialist inApril for the hybrid towed streamer and ocean bottom node market.'The strategic collaboration…
Norwegian offshore survey services firm PGS said Monday it had won a 'large' offshore wind farm site characterization contract in the U.S. from a 'leading renewable energy company.'PGS will use the Sanco Swift vessel which is rigged as an offshore wind site characterization vessel…
Norwegian offshore seismic services company PGS said Monday that a client had terminated its seismic survey contract, first announced in March.On March 2022, PGS said it had secured a 3D exploration acquisition contract with 'a major international energy company…
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