PGS reaps equity reward
Petroleum Geo-Services (PGS) saw its shares rally on Wednesday as the Oslo-listed seismic player raised Nkr1.9 billion ($225 million) in a share issue that one analyst believes will enable it to ride out a market downturn.
Petroleum Geo-Services (PGS) saw its shares rally on Wednesday as the Oslo-listed seismic player raised Nkr1.9 billion ($225 million) in a share issue that one analyst believes will enable it to ride out a market downturn.