Petroleum Africa
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Friday, November 25, 2022
PGS has been awarded a 3D exploration acquisition contract in the Mediterranean by an independent energy company. The Ramform Hyperion will commence acquisition in late November and is expected to complete the project in mid-January 2023.
“We continue to experience increased exploration activity in this prolific region and are very pleased with this contract award. We currently have the Ramform Hyperion working in the Southeast part of the Mediterranean and this contract secures visibility for the vessel into next year,” says President & CEO in PGS, Rune Olav Pedersen.
PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, and MultiClient projects with a duration of 2 months or more.
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