PGS Digital Factory delivers solutions to execute on many of the Company’s strategic goals. Governance is organized by a portfolio board, responsible for aligning development of digital use-cases with PGS strategy, to deliver tangible value to the Company.

During 2020 and 2021, the Digital Factory has focused on improving vessel operations: data from across the PGS fleet are contextualized and analyzed. Improvement areas include energy efficiency, optimal vessel speed, preventive streamer maintenance, preventive eBird maintenance, and improved HSEQ for small-boat operations and use of personal protection equipment. The project has delivered tangible results that have been implemented across the fleet. In the second half of 2021, the Digital Factory expanded its footprint companywide, initiating improvement use-cases in commercial and other functions.