PGS contract award in Mediterranean
Published by Jack Roscoe,
Editorial Assistant
Oilfield Technology,
PGS is awarded a 3D exploration contract in the Mediterranean. The Ramform Titan is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 160 days.
“We are very pleased with this contract award securing work for the Ramform Titan through the winter season. The Mediterranean is a hotspot serving the European gas market and we see potential for more work in this prolific region,” says Rune Olav Pedersen, President and CEO in PGS.
PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of US$10 million or more, MultiClient projects with a duration of 2 months or more, and strategically important contracts.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/08112023/pgs-contract-award-in-mediterranean/
You might also like
Wood Mackenzie global upstream: five things to look for in 2026
The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.