Petroleum Geo-Services ASA

Reference is made to the joint stock exchange announcements on 11 June 2024 by PGS ASA and TGS ASA regarding the combination of the two companies to establish the premier energy data company being declared unconditional with an expected closing date on 1 July 2024. Reference is further made to the long-term incentive plans issued by PGS dated 21 April 2021, 27 April 2022 and 26 April 2023 pursuant to which employees in [...]

June 26, 2024, Oslo, Norway: PGS held its Annual General Meeting today. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice. The minutes from the Annual General Meeting can be downloaded from www.newsweb.no or www.pgs.com. Attachment Genforsprotokoll-AGM 2024...

Oslo, Norway - Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA and PGS ASA regarding the combination of the two companies to establish the premier energy data company, as well as the announcements on 25 October 2023 and 1 December 2023 regarding, respectively, the execution of the definitive merger agreement and approval by the extraordinary general meetings. Reference is also [...]

Oslo, Norway - Reference is made to the joint stock exchange announcement on 18 September 2023 by PGS ASA and TGS ASA regarding the combination of the two companies to establish the premier energy data company, as well as subsequent announcements on 25 October 2023 and 1 December 2023 regarding, respectively, the execution of the definitive merger agreement and approval by the extraordinary general meetings. Reference is [...]

May 30, 2024, Oslo, Norway: All permits are in place, start-up meeting is completed and data acquisition on the large Petrobras 4D contract is about to start. The Brazilian Institute of Environment and Renewable Natural Resources has now issued the final permit for the large 4D survey over the Barracuda Caratinga fields and the survey is about to start. PGS announced the 4D contract award in December 2022 and original [...]

May 28, 2024, Oslo, Norway: PGS Annual General Meeting is scheduled for June 26, 2024 at 12:00 CEST. The calling notice and proxy forms can be downloaded from www.newsweb.no or www.pgs.com. The board of directors has resolved that the annual general meeting will be arranged virtually and made available online. All shareholders will be able to participate in the meeting, vote and ask questions from smart phones, tablets [...]

May 21, 2024 PGS advances seismic data interpretation capability through a collaboration agreement with Onward, an Austin-based energy innovation platform. PGS is pleased to announce a collaboration that facilitates on-demand data interpretation provided by Onward, which leverages Onward's technical capabilities to enhance PGS' existing MultiClient and Data OnDemand services and accelerate interpretation workflows. The [...]

May 10, 2024, Oslo, Norway: PGS is awarded a 4D contract in West Africa for an international energy company. Mobilization is scheduled for early September. The contract has a total duration of approximately 65 days, with an option to extend. "We are very pleased with this contract award, securing visibility for another of our vessels well into the fourth quarter. After completion of scheduled acquisitions programs during [...]

Good start to 2024 Highlights Q1 2024 Produced Revenues of $222.6 million, compared to $172.2 million in Q1 2023 Produced EBITDA of $112.5 million, compared to $71.5 million in Q1 2023 Produced EBIT of $26.1 million, compared to a loss of $19.7 million in Q1 2023 Revenues and Other Income according to IFRS of $217.2 million, compared to $143.1 million in Q1 2023 Cash flow from operations of $127.8 million, compared to [...]

April 29, 2024, Oslo, Norway: PGS' 2023 annual report can be downloaded from www.pgs.com or www.newsweb.no. The Company's 2023 annual financial statements in European Single Electronic Format can be downloaded from the same web pages. For details, contact: Bård Stenberg VP IR & Corporate Communication Mobile: +47 992 45 235. Attachments PGS Annual Report 2023 213800T66DRTE6O6BV87-2023-12-31-en...