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PGS bags large 3D seismic deal

Norwegian seismic acquisition specialist PGS said Monday it had secured a letter of award for a large 3D contract offshore South Atlantic margin.

Under the contract with an undisclosed multiclient company, the Oslo-listed outfit will utilise a Ramform Titan-class vessel for the survey, expected to last up to 300 days. Mobilisation is scheduled to start in June.

“Seismic activity offshore South Atlantic margin is increasing as a result of recent exploration success, and we are very pleased with this letter of award, extending visibility for one of our Ramform Titan-class vessels well into 2025,” said Rune Olav Pedersen, president and chief executive of PGS.

Earlier this month, the company also won a 4D contract for its Ramform Tethys vessel in Northern Europe set to kick off in late April and last for approximately 30 days.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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