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 offshore wind site characterization vessel. Mobilization is scheduled for August 2023 and acquisition is expected to complete in February 2024, with total project duration of approximately 180 days. Profitability of the project is in line with PGS’ core business. The project will be acquired with P