PGS Moves Asia Pacific HQ to Malaysia

Petroleum Geo Services (PGS) announced Tuesday that as part of the plan to restructure its business activities in Asia Pacific the Company has decided to relocate its regional headquarters from Singapore to Kuala Lumpur (KL) in Malaysia. The move will result in consolidation and centralization of resources and lead to improved competitive advantage and reduced costs, all of which are important in the current challenging market.

KL is the hub of the vibrant and active domestic Malaysian exploration and production market. The Imaging center in the city is one of PGS' busiest, carrying a significant part of the Company's load for imaging worldwide. By locating the regional headquarters in KL PGS will get closer interaction with the major international oil companies established there as well as the national oil company Petronas, considered an ambitious international player.

The move will take place in July 2015.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Sonora: Operator, Plant-Multi-Chem, I
Expertise: Geoscience Technician
Location: Sonora, TX
United States Sonora: Operator, Plant-Multi-Chem, I
Expertise: Geochemist
Location: Sonora, TX
Senior Client / Program Manager
Expertise: Geologist|Reservoir Engineering
Location: Seattle, WA
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours