PGS ASA: Contract Award in West Africa

PGS has been awarded a 3D exploration acquisition contract* in Namibia by a major energy company.

The Ramform Titan will mobilize for this survey and acquisition is expected to complete mid-February 2023.

“PGS has many years of experience operating in Namibia and we are proud to be part of this exciting new chapter in the country’s offshore development. The contract secures visibility for the Ramform Titan well into the winter season,” says President & CEO in PGS, Rune Olav Pedersen.

*The project was included in the booked position update in September investor presentations.