PGS Awarded Mediterranean Contract

Thursday, June 1, 2023

PGS was awarded a 3D exploration acquisition contract in the Mediterranean Sea by a major international energy company. The Ramform Hyperion is expected to mobilize for the survey late in the third quarter and the program has a total duration of approximately 70 days.

“We are very pleased with this contract award, which improves our visibility into the fourth quarter. There is increasing exploration interest in the Mediterranean following recent discoveries in this prolific gas province, and this award builds on our successful campaign from the previous season,” states President & CEO in PGS, Rune Olav Pedersen.

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