Petroleum Geo-Services ASA: Presentation of Company to Bond Holders


OLSO, Norway, Jan. 14, 2003 (PRIMEZONE) -- Petroleum Geo-Services ASA (`PGS') (NYSE:PGO) (OSE:PGS) have today given a presentation of the company to their bond holders.

Please find a copy of the presentation at: http://reports.huginonline.com/887888/111988.pdf

Petroleum Geo-Services is a technologically focused oilfield service company principally involved in geophysical and floating production services. PGS provides a broad range of seismic- and reservoir services, including acquisition, processing, interpretation, and field evaluation. PGS owns and operates four floating production, storage and offloading units (FPSO's). PGS operates on a worldwide basis with headquarters in Oslo, Norway. For more information on Petroleum Geo-Services visit www.pgs.com.


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