Latest News and Press Releases

Reference is made to PGS' stock exchange release published August 25, 2023 regarding settlement of 2020 long-term incentive plan. The payment has been determined based on a selling price of NOK 7.3604...

August 30, 2023, Oslo, Norway: PGS together with JV consortium partners TGS and SLB has secured pre-funding to expand MultiClient 3D seismic coverage in the prospective Sarawak Basin offshore...

August 25, 2023 Reference is made to the announcement made on August 24, 2020 by PGS ASA (the “PGS” or the "Company"). There, PGS announced the award of 2 389 500 Performance based Restricted Stock...

August 24, 2023, Oslo, Norway: PGS is awarded a 3D exploration acquisition contract offshore Africa. A Ramform Titan Class vessel is expected to mobilize for the survey in the fourth quarter, subject...

August 18, 2023, Oslo, Norway: PGS has entered a one-year strategic collaboration with inApril for the hybrid towed streamer and ocean bottom node market. “The strategic collaboration with...

August 16, 2023 – Reference is made to the stock exchange release by PGS ASA (the «Company») on August 14, 2023 regarding the initiation of a share buy-back program to cover settlement of Performance...

August 14, 2023 – PGS ASA (the «Company») has decided to initiate a share buy-back program to cover settlement of Performance based Restricted Stock Units (“PRSU’s”) granted under the Company’s 2020...

August 1, 2023, Oslo, Norway: PGS, TGS and CGG, industry leaders of MultiClient geoscience data, today announced the launch of new tiered offerings for Versal, the groundbreaking MultiClient data...

Continued Increase in Contract Rates Highlights Q2 2023 Produced Revenues of $186.4 million, compared to $209.7 million in Q2 2022Produced EBITDA of $113.1 million, compared to $129.4...

July 20, 2023, Oslo, Norway: PGS ASA and/or its subsidiaries (“PGS” or the “Company”) has secured commitments for a separate $75 million term loan facility to partly refinance its existing March 2024...