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09.03.2022 - March 9, 2022: Ocean Floor Geophysics Inc. (OFG), a company in which PGS owns approximately 43%, has acquired the entire share capital in NCS SubSea. NCS SubSea owns and operates the market-leading P-Cable system. The P-Cable technology provides ...
Ocean Floor Geophysics (OFG), a company in which PGS owns approx. 43%, has acquired the entire share capital in NCS SubSea. NCS SubSea owns and operates the market-leading P-Cable system. The P-Cable technology provides ultra-high-resolution 3D seismic data to the new energy- and oil & gas markets.
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...