Ocean Floor Geophysics (OFG), a company in which PGS owns approximately 43%, has now completed the acquisition of NCS SubSea and thereby controls the market-leading P-Cable system.
Latest News
International startup Accelerator Focus on Hydrogen Launches in Hamburg
One of the world’s first hydrogen-centric startup accelerator programs will initially be operated out of Hamburg in Germany.
New design model promises improved safety and lower construction costs for LNG storage
A new high-performance computational model optimising the design of large LNG tanks will lead to improved safety and security of storage facilities, with the bonus of reduced construction costs, according to a University of Technology Sydney (UTS) research team that has developed the design with industry partners.
US Spearheads Global LNG Growth
The US is expected to lead global LNG liquefaction capacity expansions -- contributing 57% of the total LNG liquefaction capacity additions between 2022 and 2026.
AusGasCo Awarded Additional Acreage in Surat and Bowen basins
Emerging Queensland natural gas explorer AusGasCo has been awarded preferred tenderer status for two prospective gas blocks in the state’s world-class natural gas region.
Shearwater wins CCUS contract by BP for East Coast Cluster
Shearwater has announced the award of a contract by BP, on behalf of the Northern Endurance Partnership (NEP), for geophysical data processing and imaging to advance the East Coast Cluster.
PGS and OFG Prepare to Build Database on Seafloor Mineral Deposits off Norway
New data has been released by the NPD and the University of Bergen providing unique and rich multiphysics information on seafloor minerals off Norway.
Searcher Announces 3D Reprocessing Projects in North Sea
Searcher Seismic has announced new multi-client projects encompassing reprocessing in the North Sea, offshore UK.
Australian Hydrogen Council Calls on Albanese Government to lay down Policy Foundations
The Australian Hydrogen Council (AHC) has welcomed the newly elected Federal Government and called on it to give the emerging hydrogen market the policy certainty it needs to thrive.
‘Electric Vehicles will Comprise 33% of New Global Car Sales by 2031’
Electric vehicle (EV) sales have reached record numbers in recent years, with annual sales projected to increase ten-fold in the next 15 years, especially in China and Europe, due to favourable policies and auto manufacturer commitments.