PGS returns to profit on seismic market recovery

Contract backlog nearly doubled at year-end as Oslo-listed contractor sees higher vessel utilisation and pricing in Q4

Keeping busy: PGS' seismic vessels — Keeping busy: PGS' seismic vesselsPhoto: PGS

Steve Marshall

Oslo

PGS Norway Seismic Exploration North Sea

Published 30 January 2020, 11:09Updated 30 January 2020, 15:05