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PGS Strengthens its New Energy Portfolio

09.03.2022 - March 9, 2022: Ocean Floor Geophysics Inc. (OFG), a company in which PGS owns approximately 43%, has acquired the entire share capital in NCS SubSea. NCS SubSea owns and operates the market-leading P-Cable system. The P-Cable technology provides .

PGS strengthens its new energy portfolio

Ocean Floor Geophysics (OFG), a company in which PGS owns approx. 43%, has acquired the entire share capital in NCS SubSea. NCS SubSea owns and operates the market-leading P-Cable system. The P-Cable technology provides ultra-high-resolution 3D seismic data to the new energy- and oil & gas markets.

PGS completes sale of CSEM Technology to OFG

PGS completes sale of CSEM Technology to OFG
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PGS ASA: PGS Completes Sale of CSEM Technology to OFG

PGS ASA: PGS Completes Sale of CSEM Technology to OFG 19 , 2021: Oslo, Norway, PGS has today completed sale of the hardware, software and intellectual property associated with the Company s towed streamer Controlled Source Electro Magnetic ( CSEM ) system to Ocean Floor Geophysics, Inc ( OFG ). The towed-streamer CSEM technology is a state-of-the-art system, which allows for the acquisition of high-quality marine CSEM data in a fast and efficient manner with minimal environmental impact. The system complements existing CSEM technology to permit a broad operating envelope. We are very pleased to conclude the transaction with OFG, whereby we receive shares in OFG and open up for a closer collaboration. OFG s expertise in Multiphysics (the combination of different geophysical measurements) is unparalleled and particularly important in the emerging markets for our New Energy business. Together we cover the space from large scale towed CSEM and seismic surveys to full range of AUV-ba

Ocean Floor Geophysics, PGS Complete Towed Streamer

Ocean Floor Geophysics, PGS Complete Towed Streamer
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