Record Production From Petrojarl Foinaven FPSO


Reidar Michaelsen, PGS' Chairman and Chief Executive Officer, stated, "I would like to congratulate Kaare Gisvold and the entire PGS Floating Production team for achieving this new milestone. The Petrojarl Foinaven FPSO has been a case study in how the oil industry and contractors can work together for the greater benefit of each party. We are pleased that BP has made the Foinaven field such a priority and that PGS has been able to live up to the high level of expected performance."