PGS ASA: Settlement of 2020 Long-term Incentive Plan
August 25, 2023 Reference is made to the announcement made on August 24, 2020 by PGS ASA (the “PGS” or the "Company"). There, PGS announced the award of...
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August 25, 2023 Reference is made to the announcement made on August 24, 2020 by PGS ASA (the “PGS” or the "Company"). There, PGS announced the award of...
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...
The 3D vessel Sanco Swift mobilized for the survey in April and is expected to complete acquisition near the end of July. The subsurface data is acquired with PGS’ market-leading ultra-high-resolution 3D (UHR3D) P-cable system, which provides significantly more detailed subsurface data for shallow targets, compared to traditional seismic acquisition systems.
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
PGS was awarded a large offshore wind farm site characterization contract in the U.S. by a renewable energy company. PGS will use the Sanco Swift, which is rigged as an offshore wind site characterization vessel.