PGS Announces 4D Contract Award

Source: www.gulfoilandgas.com 11/9/2023, Location: Europe

PGS is awarded a 4D acquisition contract* offshore West Africa. Mobilization is scheduled for Q4 and the contract has a total duration of approximately 60 days.

“We experience continued high activity in our core West African markets and are very pleased with this contract award. Our Ramform acquisition platform in combination with multi-sensor GeoStreamer technology will provide the client with high-quality 4D seismic data,” 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, MultiClient projects with a duration of 2 months or more and strategically important contracts.

*The contract was included in PGS Q3 2023 order book and booked position as of the time the Company reported its Q3 2023 results.


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