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PGS ASA: PGS Completes Sale of CSEM Technology to OFG 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") system to Ocean Floor Geophysics, Inc ("OFG"). The towed-streamer CSEM technology is a state-of-the-art system, which allows for the acquisition of high-quality marine CSEM data in a fast and efficient manner with minimal environmental impact. The system complements existing CSEM technology to permit a broad operating envelope. "We are very pleased...

PGS enters the new energy landscape 08 Jul 2021 PGS is well placed to serve the emerging markets of our changing energy landscape. Geoscience, reliable data and new solutions are needed to address the challenges energy companies face in their development of resources with lower emissions. Carbon storage and offshore wind farms are important components of the transition to a sustainable energy mix. Both are key to curb CO2 emissions. Geothermal and marine mineral developments will eventually follow suit, as part of the energy transition. All these activities carry subsurface risks, with challe...

PGS ASA: Implementation of Employee 2021 Long Term Incentive Plan May 14, 2021: Oslo, Norway, PGS (or the "Company") announces that the 2021 Long Term Incentive Plan (“LTI Plan”), as approved by the Annual General Meeting on April 21, 2021, has now been implemented by allocating 5 993 000 Performance Restricted Stock Units ("PRSUs"). The awards are based on amongst other considerations the position in the Company and a review on the individual participant's performance prior to award. Any PRSU awarded will, subject to the participant's continued employment with PGS and the Company reachin...