Continental Focus, International Reach

PGS Sees Another Mediterranean Project Award

Thursday, February 22, 2024

PGS has been awarded a 3D project in the Mediterranean Sea. The Ramform Hyperion is scheduled to start the survey early March and the project has a total duration of approximately 30 days.

While the company did not say where exactly the project would be undertaken, it did say the award came from a major energy company.

“We are very pleased with this acquisition project award, extending the Ramform Hyperion’s campaign in the Mediterranean until the end of March. After completing this project, the Ramform Hyperion will steam to the Norwegian continental shelf and commence well pre-funded MultiClient projects,” stated Rune Olav Pedersen, President & CEO of PGS.

This project was not included in the Q4 2023 order book of $366 million, but it was included in the booked position as of mid-February.


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