April 14, 2021; Oslo, Norway, reference is made to PGS ASA convertible bond loan with ISIN NO0010920697 in the aggregate amount of NOK 116,162,097 issued in Q1 2021. The Company has received conversion notices from convertible bondholders representing NOK 8 424 249 in this bond issue to convert 8 424 249 bonds into shares with a conversion price of NOK 3. Pursuant to standard terms set out in the bond terms, the bonds are [...]
April 14, 2021: Oslo, Norway, based on a preliminary review, PGS expects to report Revenues and Other Income As Reported* according to IFRS for Q1 2021 of approximately $166 million, compared to $128.8 million in Q1 2020. Segment* Revenues and Other Income for Q1 2021 are expected to be approximately $132 million, compared to $168.3 million in Q1 2020. Contract revenues ended at approximately $26 million . Segment [...]
April 7, 2021: Oslo, Norway; PGS will release its Q1 2021 results on Thursday April 22, 2021 at approximately 08:00 am Central European Summer Time . The earnings release and the earnings presentation will be published on www.newsweb.no and on PGS' web site www.pgs.com. President & CEO Rune Olav Pedersen and EVP & CFO Gottfred Langseth will present the Q1 2021 results via an audiocast the same day at 9:00 am CEST. To join [...]
March 30, 2021: Oslo, Norway, PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt. The survey will be acquired using an Extended Long Offset configuration with Ramform Tethys towing a wide multi-sensor GeoStreamer spread with an additional source vessel located several kilometers ahead. This will enable efficient recording of offsets up to 16 kilometers critical for imaging deeper [...]
PGS annual report 2020 can be downloaded from www.newsweb.no and www.pgs.com. For details, contact: Bård Stenberg, VP IR & Communication Mobile: +47 992 45 235 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment PGS Annual Report 2020...
March 23, 2021: Oslo, Norway, PGS Annual General Meeting is scheduled for April 21, 2021 at 15:00 CEST. The calling notice and proxy forms for PGS 2021 Annual General Meeting can be downloaded from www.newsweb.no or www.pgs.com. Due to restriction and advice from Norwegian authorities in relation to Covid-19, the Annual General Meeting will be held virtually and be available online via "Lumi AGM". All shareholders will be [...]
February 9, 2021: Oslo, Norway, PGS ASA is pleased to announce that the amendments to its term loan B , revoloving credit facility and export credit facility , as described in the Company's announcement on October 21, 2020 and subsequent announcements, have now become effective pursuant to the UK Scheme of Arrangement proposed by the Company and approved by the High Court of Justice of England and Wales on February 2 [...]
January 18, 2021: Oslo, Norway; PGS will release its fourth quarter and preliminary full year 2020 results on Thursday, February 4, 2021 at approximately 08:00 am Central European Time . The earnings release and the earnings presentation will be published on www.newsweb.no and on PGS’ web site www.pgs.com. President & CEO Rune Olav Pedersen and EVP & CFO Gottfred Langseth will present the results and PGS 2021 [...]
15 December 2020, Oslo, Norway: PGS, TGS and CGG, industry leaders of MultiClient geoscience data, today announced a pioneering strategic partnership to offer a shared ecosystem providing direct access to their subsurface MultiClient data libraries. The independent, cloud-based ecosystem will offer a single search point to access all three companies’ MultiClient data and allow customers to interactively find, visualize [...]
OSLO, NORWAY, October 26, 2020: The seismic consortium comprising PGS, TGS and WesternGeco have been awarded a multi-year contract by PETRONAS through competitive bidding to acquire and process up to 105,000 square kilometers of multi-sensor MultiClient 3D data in the Sarawak Basin, offshore Malaysia. This contract award follows an ongoing campaign by the consortium in the Sabah offshore region of Malaysia, awarded in [...]
October 1, 2020: Oslo, Norway; PGS will release its third quarter 2020 results on Thursday, October 22, 2020 at approximately 08:00 am Central European Summer Time . The earnings release and the earnings presentation will be published on www.newsweb.no and on PGS’ web site www.pgs.com. President & CEO Rune Olav Pedersen and EVP & CFO Gottfred Langseth will present the results via an audio webcast the same day at 9:00 am [...]
September 7, 2020: PGS and Ocean Floor Geophysics, Inc have today signed an agreement under which OFG has acquired the exclusive rights to use the hardware, software and intellectual property associated with the PGS towed streamer CSEM system. PGS receives shares in OFG as settlement for the transaction. The towed-streamer CSEM technology developed by PGS is a state-of-the-art system that allows for the acquisition of [...]
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