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PGS

@pgs.com

PGS gathers offshore survey data globally and uses vast cloud compute to image the earth and advances marine subsurface knowledge for evolving energy needs.

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PGS, also known as Petroleum Geo-Services, is a Norwegian company that specializes in providing a wide range of geophysical services to the oil and gas industry worldwide. It was founded in 1991 and has its headquarters located in Oslo, Norway. The main products and services offered by PGS include seismic data acquisition, processing, and interpretation.


The company utilizes advanced technologies and methodologies to gather geophysical data from the ocean floor or land, allowing their clients to make informed decisions about oil and gas exploration. PGS operates on a global scale, with presence in all major oil and gas regions across the world, including the Americas, Europe, Africa, and the Asia-Pacific. The company has established several noteworthy subsidiaries and joint ventures, further expanding its global reach.


One notable joint venture is Artemis Intelligence, which focuses on providing satellite-based intelligence to the energy sector. In terms of market position, PGS is considered one of the leading companies in the geophysical services industry. It has a strong reputation for its technological expertise, operational excellence, and commitment to environmental sustainability.


The company prides itself on providing high-quality data solutions to its clients, enabling them to optimize their exploration and production activities. Over the years, PGS has achieved several significant milestones and received numerous industry accolades. In 2019, the company launched the industry's first deepwater multi-client 3D seismic project in Mexico, demonstrating its commitment to innovation and addressing evolving customer needs.


PGS has also made strategic acquisitions and divestments to strengthen its portfolio and focus on core competencies. As of the latest updates, PGS continues to evolve its digitalization strategy, incorporating advanced technologies such as artificial intelligence and machine learning into its operations. The company remains committed to providing cutting-edge geophysical solutions to its global client base, ensuring sustainable growth and success in the ever-changing oil and gas industry landscape

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Company Type

Public Company

Company Size

1001-5000

Year Founded

1991

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