Latest News and Press Releases

Continued Increase in Contract Rates Highlights Q2 2023 Produced Revenues of $186.4 million, compared to $209.7 million in Q2 2022Produced EBITDA of $113.1 million, compared to $129.4...

July 20, 2023, Oslo, Norway: PGS ASA and/or its subsidiaries (“PGS” or the “Company”) has secured commitments for a separate $75 million term loan facility to partly refinance its existing March 2024...

July 14, 2023, Oslo, Norway: Acquisition is in progress on PGS’ inaugural contract for ultra-high-resolution 3D windfarm site characterization. PGS offers solutions to the ongoing energy...

July 11, 2023, Oslo, Norway: Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS for Q2 2023 of approximately $156 million, compared to $273.6 million in...

July 3, 2023, Oslo, Norway: PGS is awarded a large offshore windfarm site characterization contract in the US by a leading renewable energy company. PGS will use the Sanco Swift, which is rigged as an...

June 29, 2023 Oslo, Norway: PGS will release its Q2 2023 results on Thursday July 20 at approximately 07:00am Central European Summer Time (CEST). The earnings release and the earnings presentation...

June 28, 2023, Oslo, Norway: The North Sumatra MC2D data rejuvenation project from PGS will provide a new look at one of the hottest hydrocarbon provinces in Indonesia following the successful...

June 26, 2023, Oslo, Norway: PGS, together with JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak...

June 12, 2023, Oslo, Norway: Reference is made to the contract award announced March 22, 2023. PGS was during the weekend informed by the client that it will terminate the contract. Ramform Titan was...

June 1, 2023, Oslo, Norway: PGS is awarded a 3D exploration acquisition contract in the Mediterranean by a major international energy company. Ramform Hyperion is expected to mobilize for the survey...