PGS ASA (OTCMKTS:PGEJF) is a Norwegian geophysical services company specializing in the acquisition, processing and interpretation of seismic data for the oil and gas industry. The company operates a modern fleet of seismic vessels equipped with advanced streamer and sensor technology to conduct 2D, 3D and 4D marine seismic surveys. PGS also provides turnkey solutions ranging from data acquisition through reservoir imaging to final interpretation, helping clients identify potential hydrocarbon reserves and optimize field development.
Founded in 1991 and headquartered in Lysaker, Norway, PGS has built one of the industry’s largest multi-client seismic libraries, offering proprietary data that spans frontier basins worldwide. The company’s multi-client library is continuously expanded through regular survey programs, enabling exploration and production companies to purchase licensed access to high-quality subsurface imaging. PGS supports operations across all major oil and gas regions, including the North Sea, the Gulf of Mexico, the Atlantic margin off Brazil, West Africa, the Middle East and Asia Pacific.
In addition to its marine acquisition capabilities, PGS offers a suite of imaging and reservoir‐analysis services powered by proprietary software platforms. These include advanced seismic data processing, velocity model building, time‐lapse (4D) monitoring and machine‐learning–enhanced interpretation tools. The company’s integrated approach aims to reduce exploration risk, accelerate decision-making and improve reservoir performance. PGS is led by a senior management team based at its Norwegian headquarters, with regional offices and operational centers in key energy hubs around the globe.
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