PGS Award Marine Seismic Contract in Mediterranean

Source: www.gulfoilandgas.com 11/24/2022, Location: Europe

PGS is awarded a 3D exploration acquisition contract in the Mediterranean by an independent energy company. Ramform Hyperion will commence acquisition in late November and expect to complete mid-January 2023.

“We continue to experience increased exploration activity in this prolific region and are very pleased with this contract award. We currently have the Ramform Hyperion working in the Southeast part of the Mediterranean and this contract secures visibility for the vessel into next year,” says President & CEO in PGS, Rune Olav Pedersen.

PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, and MultiClient projects with a duration of 2 months or more.

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