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  • GlobeNewswire

    PGS Secures Commitment for Senior Secured Debt

    PGS Secures Commitment for Senior Secured Debt May 24, 2022, Oslo, Norway: Reference is made to the announcement issued on May 4, 2022 regarding the Private Placement and the Subsequent Offering. The Private Placement is, among other things, subject to the Company obtaining commitments to the satisfaction of the Company for approximately $50 million in new, senior secured debt by the time of the Extraordinary General Meeting (“EGM”) scheduled for May 27, 2022. PGS has now obtained commitments fo

  • GlobeNewswire

    PGS ASA: Implementation of 2022 Employee Long-term Incentive Plan

    May 13, 2022, Oslo, Norway: PGS (or the "Company") announces that the 2022 long term incentive plan, as approved by the Annual General Meeting on April 27, 2022, has now been implemented by allocating 6 669 000 Performance based Restricted Stock Units ("PRSUs"). The awards are based on amongst other considerations the position in the Company and a review on the individual participant's performance prior to award. Any PRSU awarded will, subject to the participant's continued employment with the C

  • GlobeNewswire

    PGS and TGS Expand MultiClient Coverage Offshore Canada

    May 12, 2022, Oslo, Norway: PGS has, in partnership with TGS, secured pre-funding for the South Bank phase II MultiClient project offshore Canada, extending on the South Bank phase I survey acquired in 2020. The Ramform Titan will mobilize for the survey in the second half of May and acquisition is scheduled to complete in the first half of September. “We experience continued exploration interest offshore Canada, and this is the 12th consecutive year of MultiClient GeoStreamer data acquisition i