PGS has been awarded a 3D exploration contract in Asia Pacific. The company has not revealed which country this is in.
The Ramform Sovereign is scheduled to mobilize for the survey this month and the contract has a total duration of approximately 50 days.
“We are very pleased with this contract award securing work for the Ramform Sovereign into first quarter next year. Most of our activities in Asia Pacific this year have been well pre-funded MultiClient projects. Now we are experiencing increasing contract tendering activity and see potential for more proprietary work in the region,” says Rune Olav Pedersen, President & CEO in PGS.
PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, MultiClient projects with a duration of two months or more, and strategically important contracts with a total duration of approximately 50 days.
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18/10/2021
