PGS plans two new seismic vessels

Petroleum Geo-Services has issued equity to help pay for construction of two new Ramform high-density seismic streamer vessels.

Offshore staff

LYSAKER, Norway – Petroleum Geo-Services has issued equity to help pay for construction of two new Ramform high-density seismic streamer vessels. Each vessel is estimated to cost $250 million. The first is expected in 1Q 2013 and the second in 1Q 2014.

11/17/2010

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