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PGS Secures Marine Seismic Contract Award in Mediterranean

25/11/2022

PGS has been awarded a 3D exploration acquisition contract in the Mediterranean by an independent energy company. Ramform Hyperion will commence acquisition in late November and expect to complete mid-January 2023.

“We continue to experience increased exploration activity in this prolific region and are very pleased with this contract award. We currently have the Ramform Hyperion working in the Southeast part of the Mediterranean and this contract secures visibility for the vessel into next year,” says President & CEO in PGS, Rune Olav Pedersen.

PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, and MultiClient projects with a duration of 2 months or more.

Ramform Hyperion has 24 streamer reels, 16 abreast with a further 8 in a second row. This permits flexibility and efficient acquisition of high-volume exploration 3D, high-density 3D or 4D, and anything in between. The back deck layout is augmented by six independent source array handling booms. Together this arsenal of equipment enables faster deployment and recovery, with increased flexibility and safety, making it possible to fully utilize the operational weather window. Steerable sources and streamers, and automated gear-handling systems further contribute to the flexibility and effectiveness of this flagship vessel. 

Two stern-launched work boats permit safe streamer maintenance also in marginal weather. Maritime and seismic equipment maintenance can increasingly be carried out at sea without impairing operations. Dry-docking interval is 7.5 years.

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