Petroleum Geo-Services ASA: Update on new builds in Spain

Reference is made to previous announcements regarding the vessels under construction at the Factorias Vulcano shipyard in Spain. Petroleum Geo-Services ASA, and its subsidiary Arrow Seismic Invest II Ltd., having informed WesternGeco that there was a right to cancel the shipbuilding contract for New Build number 532 have received a formal notification by WesternGeco that the company on that basis has... 

Tag: western geco tasman, westerngeco arrow new build cancellation, petroleum geo services shipbuilding, email address for petroleum geo services asa, technip vacancies for ghana

PGS AWARDED MAJOR NORTH SEA SEISMIC CAMPAIGN FOR STATOILHYDRO

Petroleum Geo-Services ASA has been awarded a contract for a series of seismic surveys to be conducted in the summer of 2009 for StatoilHydro. Four of the Company’s seismic vessels will be involved in the surveys, giving a total contract value of around USD 100 million. StatoilHydro will be the first customer for the Ramform Sterling, PGS’ second new S-Class Ramform vessel, on schedule... 

Petroleum Geo-Services 2007 Annual General Meeting Completed

Petroleum Geo-Services ASA (“PGS” or the “Company”) (NYSE:PGS – News) (OSE:PGS) held its Annual General Meeting on June 15, 2007 at the Company’s premises at Lysaker. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice, including the proposal in item 3 of a special dividend of NOK 10 per share. Petroleum Geo-Services is a... 

Petroleum Geo-Services ASA: 2007 Q1 Invitation, Webcast and Conference Call Contact Details

Petroleum Geo-Services ASA will as previously announced release its 2007 first quarter financial results on Thursday, May 10, 2007 at approximately 8:00 am Central European Time (CET). A presentation has been scheduled the same day at 9:00 am (CET) at PGS’ Headquarters at Lysaker, Norway. A webcast and conference call have been scheduled the same day at 2:30 pm CET (8:30 am ET). The contact... 

Petroleum Geo-Services ASA: Chartering of Source and 2D Vessel

Petroleum Geo-Services ASA announced today that PGS has entered into a 4 year firm Time-Charter with 2 x 1 year options with SeaBird Exploration Limited (BVI) for the “Harrier Explorer” as a fully equipped and operated source vessel. PGS has the option to use the vessel as a 2D vessel by covering the cost of additional seismic equipment and additional operating cost. The contract value... 

Petroleum Geo-Services ASA: Board Member Resigns

Petroleum Geo-Services ASA , announced that Mr. Anthony Tripodo has resigned from the Board of Directors effective from February 1, 2007, due to his recent appointment as Executive Vice President and Chief Financial Officer of the oil services company Tesco Corporation. Tesco is a global leader in the design, manufacture and service of technology based solutions for the upstream energy industry based... 

Petroleum Geo-Services Q3 better-than-expected but pretax hit by currency

Petroleum Geo-Services ASA (PGS) posted third quarter sales and earnings at an operating level ahead of forecasts, driven by record demand for both its onshore and offshore operations, but pretax profit fell below expectations on currency fluctuations. For the third quarter, the Norwegian seismic company posted an operating profit of 95.2 mln usd against a restated 44.8 mln last year, on sales of 326.1...