Petroleum Geo-Services heads to Mexico after job cuts

Petroleum Geo-Services heads to Mexico after job cuts

Oslo: Petroleum Geo-Services commenced operations over the weekend on a 2D seismic program offshore Mexico, utilising Atlantic Explorer and Sanco Spirit, having recently gained approvals from the Mexican government.

Gregg Parker, regional president NSA MultiClient, commented: “We have worked diligently to position the company as a first mover in Mexico and we are now very pleased to say that we have been successful in our endeavor. PGS views Mexico as a viable investment market for many years to come for the full suite of all our solutions.”

In a separate development, local press reported Friday that seismic vessel owner will layup two vessels, the Ramform Explorer and Ramform Challenger, after the summer. The company is also cutting expenditure, and will cut a total of 200 employees from its workforce.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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