PGS has signed a 3D exploration acquisition contract* for work offshore Namibia.
Ramform Titan is mobilizing for the survey and acquisition, which is expected to complete in late May 2023.
![Rune Olav Pedersen](https://pesa.com.au/wp-content/uploads/2017/08/PGS-Rune-Olav-Pedersen.jpg)
“We are very pleased with this contract award, as it follows nicely after the previous project and secures visibility for the vessel into the 2023 summer season,” 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 two months or more.
*The contract was included in the order book and booked positions disclosed in the Q4 2022 earnings presentation and CMD material.