Latest News and Press Releases
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May 31, 2023, Oslo, Norway: PGS has secured industry pre-funding for another large multi-season MultiClient survey in the Norwegian Sea. The first phase of the survey will be acquired in 2023 by the...
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May 30, 2023, Oslo, Norway: PGS, together with JV consortium partners TGS and SLB have secured pre-funding to expand MultiClient 3D coverage in the prospective Sarawak Basin offshore Malaysia. The...
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May 22, 2023, Oslo, Norway: PGS (or the "Company") announces that the 2023 long term incentive plan, as approved by the Annual General Meeting on April 26, 2023, has now been implemented by allocating...
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May 19, 2023, Oslo, Norway: PGS has executed the final contract* with an independent energy company for a 3D survey in the Barents Sea to be acquired by the Ramform Hyperion. The project is about to...
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May 11, 2023, Oslo, Norway: PGS has entered into a seismic acquisition contract* for carbon storage offshore Norway by an independent energy company. The project is scheduled to start in September and...
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Strong Acquisition Revenues in a Recovering Seismic Market Highlights Q1 2023 Produced Revenues (see Note 1 and 2) of $172.2 million, compared to $140.3 million in Q1 2022Produced EBITDA of $71.5...
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April 26, 2023, Oslo, Norway: PGS held its Annual General Meeting today. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice. The minutes from the Annual...
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April 14, 2023, Oslo, Norway: Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS for Q1 2023 of approximately $143 million, compared to $136.2 million in...
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April 5, 2023 Oslo, Norway: PGS will release its Q1 2023 results on Thursday April 27, 2023 at approximately 08:00 am Central European Summer Time (CEST). The earnings release and the earnings...
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March 31, 2023, Oslo, Norway: PGS ASA and/or its subsidiaries ("PGS" or the "Company") announced on March 17, 2023 that the Company had successfully placed a new $450 million senior secured bond, with...