Pgs News

 

PGS Completes Offshore Survey in Papua New Guinea

Apr 30, 2020

Norwegian seismic data acquisition company PGS has said it has completed the acquisition phase of its Painimaut 3D MultiClient program, offshore Papua New Guinea.Using its Ramform Hyperion seismic survey vessel, PGS has gathered over 6 100 sq…

PGS Gears Up for East Shetland 3D Seismic Survey

Apr 20, 2020

Norwegian marine seismic company PGS is gearing up to begin a seismic survey offshore East Shetland, in UKCS waters.PGS said Monday that its vessel Ramform Tethys seismic vessel would start the 3D MultiClient survey in the area 'this week.''The…

PGS Cold Stacks Two Seismic Vessels in Response to Low Oil Price

Apr 03, 2020

Norwegian offshore seismic surveyor PGS has said that the coronavirus pandemic and the disruption in the oil market present unprecedented challenges for the offshore services industry, including the marine seismic industry.PGS expects the low…

PGS Wraps Kwanza Shelf Survey Offshore Angola

Apr 02, 2020

Offshore seismic company PGS has completed the acquisition on its MC3D Kwanza Shelf survey offshore Angola. Total GeoStreamer coverage in Blocks 6, 7 and 8 and the surrounding areas of the Kwanza Shelf is now 8 300 square kilometers, PGS said Thursday…

Brazil: PGS Begins Campos Basin Seismic Shoot

Mar 03, 2020

Norwegian marine seismic acquisition company PGS has begun a multiclient 3D seismic survey in the Campos Basin offshore Brazil.The company started the survey on February 25, using its Ramform Titan vessel. According to PGS, Te Campos Deepwater GeoStreamer X project will deliver high-quality…

PGS, Cognite Partner on Seismic Surveying

Feb 18, 2020

Marine geophysical firm PGS and artificial intelligence (AI) software-as-a-service (SaaS) company Cognite are teaming up in an effort to make seismic survey vessels work better, faster and more efficiently.Venturing into a new area of the energy sector…

PGS Gearing Up for PNG Multi-Client Survey

Feb 03, 2020

The Norwegian marine seismic acquisition specialist PGS will start a multi-client survey program in Papua New Guinea (“PNG”) in early February.The program, named the Painimaut 3D MultiClient survey, is expected to last for approximately 60 days and has strong industry funding…

PGS Selects Google Cloud

Sep 17, 2019

Marine seismic surveyor PGS announced it has selected Google as its preferred cloud provider.By harnessing Google’s cloud-based technologies and incorporating artificial intelligence and machine learning capabilities into workflows, PGS will increase flexibility…

PGS Calls off Debt Refinancing, Shares Fall

Jun 19, 2019

PGS, the world's largest seismic surveyor, called off a planned debt refinancing on Wednesday, citing worsening investor sentiment towards the oilfield services sector over the past weeks, sending the Norwegian company's shares down 24%.Oslo-listed PGS…

PGS Updates on Seismic Acquisition Contract in South America

Jan 07, 2019

Norwegian seismic player Petroleum Geo-Services ASA (PGS) updated on changes of the contract for the 3D survey in South America announced November 14, 2018.The vessels Ramform Atlas and Ramform Tethys mobilized early December 2018 for this survey…

PGS Sues Polarcus in Australia

Dec 07, 2018

Offshore geophysical company Polarcus Limited said it is being sued by PGS Australia Pty Ltd for patent claims relating to the acquisition of seismic data on three surveys in Australia and the processing of that data.'These proceedings follow…

PGS Offers Seismic Vessel to Japan

Nov 18, 2018

Norwegian seismic services provider Petroleum Geo-Services (PGS) has offered to sell the Ramform Sterling vessel to the Japan Oil, Gas and Metals National Corporation (JOGMEC).The seismic services that help oil companies to find oil and gas…

PGS Tallies South America Contract

Nov 16, 2018

Norwegian seismic firm PGS revealed it has entered into a contract for a 3D survey in South America.PGS did not reveal the name of the client, but said the contract value is estimated to be in excess of $75 million.The company plans to use two…

PGS Sells OptoSeis to Geospace Technologies

Nov 14, 2018

Norwegian marine geophysical company PGS said it has sold its OptoSeis fiber optic sensing technology business to Houston based Geospace Technologies.The transaction includes an initial cash payment at closing of $1.8 million, plus contingent cash payments of up to an additional $23…

PGS streamlines business, management team

Oct 26, 2017

Seeking to cope with changing seismic market fundamentals, marine geophysical firm Petroleum Geo-Services (PGS) will centralize and streamline its operations, resulting in a reduction in its executive management team. PGS' Ramform Tethys…

Current News

Seequent Receives Award at Global Offshore Wind 2025, Hosts Upcoming Webinar

Seequent Receives Award at Glo

Libya Blocks Greek Tender for Hydrocarbon Exploration Off Crete

Libya Blocks Greek Tender for

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Russia Looks to Myanmar Offsho

TotalEnergies’ Offshore Platform Workers in UK Secure Better Conditions

TotalEnergies’ Offshore Platfo

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine