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The PGS fleet welcomed its third Ramform Titan-class into the fold on 17 March and a fourth is due in a year’s time. Despite the lowest oil price in two decades, fleet renewal now is good news long term for PGS and the industry.
From 2007 to 2015 PGS completed implemention of this revolutionary technology throughout its fleet. There have been significant learnings from the rollout and a flood of new acquisition and processing solutions have evolved to utilize its unique advantages.