PGS, a company with expertise in marine seismic data, has been notified of the award of a 3D contract for offshore seismic exploration in the South Atlantic margin from a multi-client firm.
Offshore seismic planning and exploration
The company plans to mobilize a Titan-class vessel from PGS in June, with the intention of carrying out the acquisition over a period that could extend to 300 days. This move demonstrates PGS’s confidence in and commitment to the efficient and effective execution of exploration projects. offshore exploration offshore exploration projects.
Although the specific value of the contract has not been disclosed, PGS has underscored its policy of announcing contract awards in excess of $10 million, especially those involving multi-client projects with a minimum duration of 2 months or that are considered strategically important to the company. This transparency in communications reflects PGS’s commitment to integrity and clarity in its business operations.
President and Chief Executive Officer of PGS Rune Olav Pedersen, has expressed his satisfaction with the award letter received, highlighting how this opportunity extends the operational visibility of one of PGS’ flagships, the Titan-class Ramform, through 2025.
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Source and photo: PGS
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