Presentation

PGS was incorporated in 1991 and is one of the leading players in the seismic industry. The company offers a broad range of seismic and reservoir services to oil and gas companies globally. Since the sale of its onshore business in 2010, the company has been a focused marine geophysical company. PGS was listed on the Oslo Stock Exchange in 1992 and is headquartered in Oslo, Norway.

PGS is the last remaining fully integrated seismic-player, servicing both the proprietary acquisition market and the multi-client segment. PGS owns and operates one of the largest 3D fleets in the industry.The active fleet currently consists of five high-end 3D vessels. In addition, PGS is active in the 4D market with a >50% market share in 2019. In addition to seismic acquisition services, PGS owns one of the largest offshore multi-client libraries, comprising more than 850k sqkm of 3D data and more than 670k km of 2D seismic in all major basins.