Petroleum Geo-Services consolidates corporate functions
| Source: PGS ASA
Houston, Texas; Oslo, Norway; August 29, 2002: Petroleum Geo-Services ASA (NYSE: PGO; OSE: PGS) today announced consolidation of its corporate functions. Currently PGS operates with three corporate centers: Houston, London and Oslo. This reflects the historical development of the company over the last 10 years.