Latest News and Press Releases
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March 4, 2021: PGS is experiencing an increase of seismic acquisition project activity. Based on project awards so far, PGS has started preparations to re-activate Ramform Vanguard for the summer...
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February 9, 2021: Oslo, Norway, PGS ASA (the “Company” or “PGS”) is pleased to announce that the amendments to its term loan B (“TLB”), revoloving credit facility (“RCF”) and export credit facility...
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Takeaways 2020 Segment Revenues and Other Income of $595.9 million, compared to $880.1 million in 2019Segment EBITDA of $397.7 million, compared to $556.1 million in 2019Segment EBIT (excluding...
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February 2, 2021: Oslo, Norway, PGS ASA (the “Company” or “PGS”) announces that the UK Scheme of Arrangement (the “Scheme”) announced on November 26, 2020 in connection with the proposed amendments...
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January 18, 2021: Oslo, Norway; PGS will release its fourth quarter and preliminary full year 2020 results on Thursday, February 4, 2021 at approximately 08:00 am Central European Time (CET). The...
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January 12, 2021: Oslo, Norway, based on a preliminary review, PGS expects to report Segment* revenues for Q4 2020 of approximately $158 million. Contract revenues ended at approximately $21 million....
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15 December 2020, Oslo, Norway: PGS, TGS and CGG, industry leaders of MultiClient geoscience data, today announced a pioneering strategic partnership to offer a shared ecosystem providing direct...
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November 26, 2020: Oslo, Norway, PGS ASA (the “Company or “PGS”) announces today that it has launched a scheme of arrangement in England (the “Scheme”) via the issuance of a practice statement letter...
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Robert James Adams, EVP Operations in PGS has on October 27, 2020 bought 94 134 shares in PGS at a price of NOK 2.642 per share. Following the transaction, Robert James Adams owns 176 703 shares in...
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OSLO, NORWAY, October 26, 2020: The seismic consortium comprising PGS, TGS and WesternGeco have been awarded a multi-year contract by PETRONAS through competitive bidding to acquire and process up to...