Latest News and Press Releases

1. Settlement The Performance based Restricted Stock Units ("PRSU") awarded on September 1, 2014, settled on September 1, 2017. Employees in Petroleum Geo-Services ASA and subsidiaries ("PGS" or...

August 25, 2017: Oslo, Norway. The Board of Directors of Petroleum Geo-Services ASA ("PGS" or "the Company") has appointed Rune Olav Pedersen (47) as the new President & CEO of the Company. He...

Strong MultiClient Sales Further Cost Reductions Initiated Highlights Q2 2017 Revenues of $240.5 million, compared to $183.0 million in Q2 2016 EBITDA of $112.5 million, compared to $68.8...

July 3, 2017: Oslo, Norway, Petroleum Geo-Services ASA ("PGS" or "the Company") has entered into a data sharing agreement with the South African Marine Research and Exploration Forum (SAMREF) for...

July 3, 2017: Oslo, Norway, PGS routinely releases information about 3D vessel utilization after the end of each quarter. Summary of vessel utilization: Approximate allocation of PGS operated...

June 30, 2017: OSLO, NORWAY, PGS will release its second quarter 2017 results on Thursday, July 27, 2017 at approximately 8:00 am Central European Summer Time (CEST). The earnings release and a...

  June 29, 2017: Oslo, Norway, Petroleum Geo-Services ASA ("PGS" or "the Company") has entered into a data sharing agreement with the Institute of Marine Research in Norway for use of surplus data...

June 21, 2017: Oslo, Norway, Petroleum Geo-Services ASA ("PGS" or the "Company") announces that the 2017 long term incentive plan, as approved by the Annual General Meeting on May 10, 2017, has now...

1. Settlement The 2014 Performance based Restricted Stock Unit ("PRSU") program settled onJune 6, 2017. Employees in Petroleum Geo-Services ASA and subsidiaries ("PGS" or "the Company") have...

June 6, 2017: Petroleum Geo-Services ASA ("PGS" or "the Company") has developed a concept for efficient, large scale collection of plastic from the oceans. The solution uses the inherent benefits...