Petroleum Geoservices Company News

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Struggling Oil Services Urged to Act as Capital Squeeze Looms
Oil service companies struggling with a slump in demand will need to act fast to bolster their balance sheets and make deals before capital becomes scarce, Norway's largest bank says.
7:00 PM EST | November 26, 2015
Eco Atlantic Inks Joint Operating Agreements for Offshore Namibia
Eco (Atlantic) Oil & Gas has signed three joint operating agreements with NAMCOR, the National Petroleum Corporation of Namibia, and Azimuth Ltd.
7:00 PM EST | January 27, 2013
UNX to Acquire Seismic Data Offshore Namibia
UNX plans to acquire approximately 1,125 km2 of 3D seismic on the 90%-owned Exploration License 2815, offshore Namibia.
7:00 PM EST | January 13, 2011
PGS Reports Fire Aboard Atlantic Explorer Seismic Vessel
Atlantic Explorer, located offshore Senja in Norway, caught fire in its engine room, and main engine had to be stopped. No impact on environment was reported at this stage.
8:00 PM EST | June 23, 2008
Petroleum Geo-Services Ups Revenue 30% in Q1
Petroleum Geo-Services reported the highest quarterly revenues ever: Revenues of $456.6 million, up $104.1 million (30%).
8:00 PM EST | May 07, 2008
Petroleum Geo-Services Awarded Largest-Ever HD4D Campaign
Petroleum Geo-Services ASA has been awarded by Petroleo Brasileiro S.A. a contract to undertake the largest High Density 4D (HD4D) marine seismic survey campaign ever in the industry, based on a tendered contract value of US$251 million.
8:00 PM EST | May 04, 2008
Borders & Southern in South Falkland Basin
Borders & Southern has commenced the acquisition of 3D seismic data across its South Falkland Basin acreage, and the government has extended its licenses another two years.
8:00 PM EST | October 30, 2007
Borders & Southern Hires PGS for Falklands 3D Survey
Borders & Southern has signed a Seismic Agreement with Petroleum Geo-Services to conduct a 3D survey within its South Falklands Basin Production Licenses.
8:00 PM EST | September 23, 2007