Latest News and Press Releases

CORRECTION: in the table below Net income (loss) to equity holders should be $10.4 million, not $(10.4) million. Everything else is unchanged. Progressing as Planned Note: Petroleum Geo-Services...

Progressing as Planned Note: Petroleum Geo-Services ASA and its subsidiaries ("PGS" or "the Company") implemented the new revenue recognition standard, IFRS 15, as the Company's external financial...

  July 2, 2018: Oslo, Norway, PGS routinely releases information about 3D vessel utilization after the end of each quarter. Summary of vessel utilization: Approximate allocation of PGS...

Richard Herbert, Board member of Petroleum Geo-Services ASA ("PGS" or "the Company"), has on June 29, 2018 bought 3 500 ADRs in PGS at a price of USD 4.70 per ADR. Following the transaction, Richard...

 June 28, 2018: OSLO, NORWAY, PGS will release its second quarter 2018 results on Thursday, July 19, 2018 at approximately 8:00 am Central European Summer Time (CEST). The earnings release and a...

June 12, 2018: Oslo, Norway, PGS(or the "Company") announces that the 2018 long term incentive plan, as approved by the Annual General Meeting on April 25, 2018, has now been implemented by...

June 11, 2018; Oslo, Norway - PGS in partnership with TGS announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition program.  This vessel will...

1. Settlement The Petroleum Geo-Services ASA 2015 Long Term Incentive Program settled on June 4, 2018. Employees in Petroleum Geo-Services ASA and subsidiaries ("PGS" or "the Company") have...

June 1, 2018; Oslo, Norway: PGS has in partnership with TGS commenced a new 3D MultiClient project in East Canada. The new Tablelands 3D GeoStreamer® survey will cover approximately 8,000 km² in...

May 29, 2018; Oslo, Norway, PGS will in late May 2018, start acquisition of a large 3D GeoStreamer® survey in the Barents Sea in partnership with TGS. The project will cover ~6,100 sq. km in an...