PGS is awarded a Wide Azimuth 3D acquisition contract offshore Cyprus. Mobilization is scheduled to start mid-June and acquisition is expected to complete mid-August.

PGS Wins Contract Award in the Mediterranean

“We are very pleased with this contract award, which is an important contribution to our vessel utilization during the summer season. The Eastern Mediterranean is a prolific gas region, and a well-known area to PGS. With our Ramform acquisition platform and GeoStreamer technology we will provide the client with high quality data,” says President & CEO in PGS, Rune Olav Pedersen.

The award was included in the booked position disclosed in the Q1 2022 presentation.