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PGS awarded 3D survey deal in the Mediterranean

Oslo-listed seismic player PGS has been awarded a 3D project in the Mediterranean for an undisclosed energy company.

The vessel Ramform Hyperion will be used for the project and is scheduled to start the survey in early March. The project has a total duration of approximately 30 days.

This project was not included in the $336m order book for the fourth quarter of 2023, but it was included in the booked position as of mid-February.

“We are very pleased with this acquisition project award, extending the Ramform Hyperion’s campaign in the Mediterranean until the end of March. After completing this project, the vessel will steam to the Norwegian continental shelf and commence pre-funded multi-client projects,” said Rune Olav Pedersen, president and CEO of PGS.

This is the second contract PGS won in February. The first one was for a two-month offshore wind site survey in Europe.

Bojan Lepic

Bojan is an English language professor turned journalist with years of experience covering the energy industry with a focus on the oil, gas, and LNG industries as well as reporting on the rise of the energy transition. Previously, he had written for Navingo media group titles including Offshore Energy Today and LNG World News. Before joining Splash, Bojan worked as an editor for Rigzone online magazine.
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