PGS Selects Google Cloud

September 17, 2019: Oslo, Norway, PGS has selected Google as its preferred cloud provider. This collaboration marks a significant step by PGS in the digital transformation of its business.

PGS’ mission is to support the energy industry with the right data at the right time. By harnessing Google’s cloud-based technologies and incorporating artificial intelligence and machine learning capabilities into workflows, PGS will increase flexibility, scalability and deliver more reliable data faster to customers.

“PGS sees strategic advantage in enabling new ways of working with subsurface data that support our clients’ evolution of cloud-based analysis to achieve faster and better decisions. We need shared data platforms with industry–wide access to achieve those goals. That’s why we have chosen Google Cloud Platform as it’s one of the largest networks in the world, and one of the fastest,” says PGS President and CEO Rune Olav Pedersen, and continues: “This move marks a milestone in our digital roadmap. Data workflows, commercial models for MultiClient and collaboration with customers will ultimately benefit, and so will our operational efficiency.”

 

 

FOR DETAILS, CONTACT:
Bård Stenberg, SVP IR & Corporate Communication
Mobile:  +47 99 24 52 35

 

 

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PGS ASA and its subsidiaries (“PGS” or "the Company") is a focused marine geophysical company that provides a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The Company MultiClient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world. The Company operates on a worldwide basis with headquarters in Oslo, Norway and the PGS share is listed on the Oslo stock exchange (OSE: PGS). For more information on PGS visit www.pgs.com.

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The information included herein contains certain forward-looking statements that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future. These statements are based on various assumptions made by the Company, which are beyond its control and are subject to certain additional risks and uncertainties. The Company is subject to a large number of risk factors including but not limited to the demand for seismic services, the demand for data from our multi-client data library, the attractiveness of our technology, unpredictable changes in governmental regulations affecting our markets and extreme weather conditions. For a further description of other relevant risk factors we refer to our Annual Report for 2018. As a result of these and other risk factors, actual events and our actual results may differ materially from those indicated in or implied by such forward-looking statements. The reservation is also made that inaccuracies or mistakes may occur in the information given above about current status of the Company or its business. Any reliance on the information above is at the risk of the reader, and PGS disclaims any and all liability in this respect.

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