Latest News and Press Releases

Challenging Q1 - Encouraging Market Outlook Takeaways Q1 2022 Revenues and Other Income of $136.2 million, compared to $165.7 million in Q1 2021Increased contract and MultiClient late sales revenues...

July 19, 2021: Oslo, Norway, PGS has today completed sale of the hardware, software and intellectual property associated with the Company’s towed streamer Controlled Source Electro Magnetic (“CSEM”)...

Houston, TX, U.S., Feb. 24, 2021 (GLOBE NEWSWIRE) -- The IAGC successfully concluded its 50th Annual Membership Meeting where members elected new directors and officers. Kristian Johansen (CEO, TGS)...

September 25, 2020: Oslo, Norway, PGS ASA (the “Company” or “PGS”) has reached an important milestone in the previously reported discussions with its lenders. The Company has come to an agreement in...

Gottfred Langseth, EVP & CFO of PGS has on March 10, 2020 bought 50 000 shares in PGS at a price of NOK 6.55 per share. Following the transaction, Gottfred Langseth owns 275 106 shares in PGS. ...

Strong Earnings Improvement in a Recovering Market Highlights Q3 2019 Segment Revenues of $234.2 million, compared to $192.1 million in Q3 2018Segment EBITDA of $160.2 million, compared to...

October 9, 2019: Oslo, Norway, based on a preliminary review, PGS (or “the Company”) expects to report Segment* revenues of approximately $235 million in Q3 2019. Total MultiClient revenues were...

October 4, 2019: Oslo, Norway, PGS has earlier disclosed that it is fully booked for seven vessels in Q4 2019. PGS has now committed to a MultiClient program in West Africa for the eighth active...

September 27, 2019: Oslo, Norway, PGS will release its third quarter 2019 results on Thursday, October 17, 2019 at approximately 08:00 am Central European Summer Time (CEST). The earnings release and...

Houston, TX, Feb. 25, 2019 (GLOBE NEWSWIRE) -- The International Association of Geophysical Contractors (IAGC) successfully concluded its 48th Annual Conference in Houston, TX where members elected...