PGS completed its newbuild program earlier this week, launching the Ramform Hyperion seismic acquisition vessel with a naming ceremony at the Mitsubishi Heavy Industries Shipbuilding Co. yard in Nagasaki, Japan. Ramform Hyperion…
Wärtsilä and PGS Geophysical have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement, Wärtsilä will take care of the maintenance of engines and…
PGS has added another Cray XC supercomputer to its Houston Mega Center. The computer is named PGS Galois after the French mathematician Évariste Galois (1811-1832), and comes in addition to the Cray XC supercomputer PGS Abel delivered last year…
PGS has added a further Cray XC supercomputer to its Houston Mega Center. The computer is named PGS Galois, after the French mathematician Évariste Galois (1811-1832), and comes in addition to the Cray XC supercomputer PGS Abel delivered last year…
PGS and TGS-NOPEC Geophysical Co. (TGS) have jointly agreed principal terms and conditions for purchase of a majority of the multiclient library of Dolphin UK. PGS and TGS will make this purchase on a 50/50 basis. This purchase represents a limited initial cash outlay for PGS…
Norwegian geoscience firms Petroleum Geo-Services (PGS) and Electromagnetic Geoservices (EMGS) have reached a settlement agreement over patent disputes. Instead of not allowing each other to use each other's technologies, the firms have…
The third of geoscience firm PGS' four Ramform new-build Titan-class seismic acquisition vessels, the Ramform Tethys, has been named at the Mitsubishi Heavy Industries Shipbuilding Co. yard in Nagasaki, Japan. PGS' two first Ramform Titan-class vessels…
Fugro has been awarded a three-year contract by PGS for the provision of precise satellite positioning systems for its entire seismic vessel fleet. Fugro, a provider of precise satellite positioning to the offshore oil and gas industry…
Norway-based PGS is to cold-stack a third vessel, the Ramform Viking ultra high capacity 3D seismic vessel, as it battles the downturn in the market. The Ramform Viking will be cold-stacked after it completes a MultiClient project offshore East Newfoundland in late October this year…
Norway-based geophysical services company Electromagnetic Geoservices ASA (EMGS) says it is going to appeal a Court decision over its Towed Streamer EM patent. The firm had issued a claims against Petroleum Geo-Services (PGS) in the High Court of Justice…
Petroleum Geo-Services (PGS) will relocate its regional headquarters from Singapore to Kuala Lumpur, Malaysia, next July as part of the company's plan to restructure its Asia Pacific business. 'Kuala Lumpur is the hub of the vibrant…
As Petroleum Geo-Services looks to further streamline its operations and cut costs, the company is stacking and considering scrapping or selling two vessels, and selling its PGS Khazar joint venture. PGS says the cuts, along with other initiatives…
Petroleum Geo-Services (PGS) has warned that its Q2 results will be weaker than current market expectations due to less predictable seismic purchases. PGS said: 'Customers' intentions with regard to seismic purchases, particularly MultiClient…
Petroleum Geo-Services (PGS) announces the TRITON GeoStreamer® Full Azimuth survey, a new solution to complex imaging problems in the deepwater Gulf of Mexico. PGS offer this survey as the next important advance in tailored acquisition design…
PGS unveiled its Ramform Titan platform in Nagasaki, Japan. The platform has a 70m broad stern and is equipped with 24 streamer reels, 16 reels aligned abreast and 8 reels further forward. “The Ramform Titan will spend her first season working on multi-client projects in the North Sea…
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