Tuesday, November 12, 2024
New Wave Media

April 8, 2024

PGS Secures 3D Contract in South Atlantic

(Credit: PGS)

(Credit: PGS)

Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company.

A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days.

The value of the contract has not been disclosed, but PGS announces contract awards with a value of $10 million or more, multiclient projects with a duration of 2 months or more, and strategically important contracts.

“Seismic activity offshore South Atlantic margin is increasing as a result of recent exploration success, and we are very pleased with this letter of award, extending visibility for one of our Ramform Titan-class vessels well into 2025.

“The combination of the Ramform acquisition platform and our GeoStreamer technology is well suited for large scale exploration surveys and positioned to deliver strong operational performance over extended time periods,” says Rune Olav Pedersen, President & CEO in PGS.

MTR’s 'Hydrographic' edition focuses on the tools and techniques being deployed to extract and use information from the world’s waterways.
Read the Magazine Sponsored by

Falmouth Scientific (FSI) Introduces AquaPulse Acoustic System and Launches New Brand Identity

Marine Technology Magazine Cover Sep 2024 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news