PGS Awarded Contract in the Mediterranean

Source: www.gulfoilandgas.com 5/3/2022, Location: Europe

PGS is awarded a Wide Azimuth 3D acquisition contract offshore Cyprus. Mobilization is scheduled to start mid-June and acquisition is expected to complete mid-August.

"We are very pleased with this contract award, which is an important contribution to our vessel utilization during the summer season. The Eastern Mediterranean is a prolific gas region, and a well-known area to PGS. With our Ramform acquisition platform and GeoStreamer technology we will provide the client with high quality data," says President & CEO in PGS, Rune Olav Pedersen.

The award was included in the booked position disclosed in the Q1 2022 presentation.


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