Source: www.gulfoilandgas.com 5/19/2023, Location: Europe
PGS has executed the final contract* with an independent energy company for a 3D survey in the Barents Sea to be acquired by the Ramform Hyperion. The project is about to start and duration is approximately 40 days.
PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, MultiClient projects with a duration of 2 months or more and strategically important contracts.
*The contract was included in the order book disclosed in PGS Q1 2023 earnings release and presentation.