(June 17, 2008, Oslo, Norway) In May 2008, PGS latest vessel, the 3rd generation Ramform Sovereign, completed its first survey. The 800 sq. km 3D survey was acquired on a Multi-client basis in License PL402 in the Norwegian-Danish Basin and was underwritten by Talisman Energy Norge AS and its partners. Read more
(May 19, 2008, Oslo, Norway) PGS announces the setting of a new industry streamer towing record achieved by their recently delivered vessel, Ramform Sovereign. The new record is 17 streamers. Despite this being the highest number of streamers ever towed in the industry, deployment was carried out in just 84 hours – equivalent to the time routinely taken for much smaller conventional streamer spreads. Read more
(May 8, 2008, Oslo, Norway) Petroleum Geo-Services ASA today announced its unaudited first quarter 2008 results under IFRS. President & CEO Jon Erik Reinhardsen commented "PGS achieved its best first quarter result ever as a result of strong operational efficiency and high vessel utilization. The first quarter performance is a proof of our strong earnings momentum, and that PGS' unique positioning in the market is being rewarded." Read more
