Latest News and Press Releases
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June 3, 2019: Oslo, Norway, following the announcement on May 27, 2019 that PGS has initiated a refinancing, the Company has launched a $150 million 5.5-year second lien debt in the form of a...
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May 27, 2019: Oslo, Norway, PGS has initiated a refinancing seeking to raise approximately $525 million in a 5-year first lien term loan. In addition, the Company is seeking to raise approximately...
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May 17, 2019: Oslo, Norway, PGS and TGS announce the Torngat 3D MultiClient project in Offshore East Canada. Torngat 3D will cover approximately 3,287 square kilometers and encompasses sections of...
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May 9, 2019: Oslo, Norway, at the annual general meeting held on April 24, 2019 it was approved to change the Company's name from Petroleum Geo-Services ASA to PGS ASA. The name change is now...
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Weak Q1 2019 Results - Full Year Intact Highlights Q1 2019 As Reported revenues according to IFRS of $129.3 million and EBIT loss of $42.5 million, compared to $201.3 million and EBIT loss of...
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April 24, 2019: Oslo, Norway, PGS (or "the Company") held its Annual General Meeting today at PGS head office, Lilleakerveien 4C, 0216 Oslo, Norway. The Annual General Meeting resolved to approve...
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April 8, 2019: Oslo, Norway, based on a preliminary review of Q1 2019 sales, PGS (or "the Company") expects to report Segment revenues of approximately $142 million and a Segment EBITDA of...
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April 8, 2019: Oslo, Norway, PGS and TGS announce the North Tablelands 3D and Southeast Grand Banks 2D MultiClient projects in Offshore East Canada. North Tablelands 3D will cover approximately...
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April 5, 2019: OSLO, NORWAY, PGS will release its first quarter 2019 results on Thursday, April 25, 2019 at approximately 8:00 am Central European Summer Time (CEST). The earnings release and a...
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April 2, 2019: Oslo, Norway, PGS routinely releases information about 3D vessel utilization after the end of each quarter. Summary of vessel utilization: Approximate allocation of PGS...