January 1991
Geoteam and Precision Seismic merge to form Petroleum Geo-Services (PGS). The company vision is to provide the most efficient acquisition of 3D marine seismic data. |
August 1992
PGS is listed on Oslo Stock Exchange |
May 1993
Initial public offering in the United States |
July 1993
Acquisition of Tensor Inc. specialists in 3D processing and depth imaging - ushers PGS’ expansion into the data processing field |
May 1994
Acquisition of ERC - reservoir consultancy group |
May 1995
Ramform seismic vessel technology is introduced |
April 1997
PGS is listed on New York Stock Exchange ticker symbol FPO |
October 1997
Acquisition of Golar-Nor with the Petrojarl I and Petrojarl Foinaven FPSOs is announced |
August 1998
Worldwide offshore production asset management company, Atlantic Power, is acquired |
July 1999
Acquisition of FPSO Petrojarl Varg from Saga Petroleum |
January 2000
Onshore Saudi Aramco Contract award |
April 2001
Ramform Victory tows the world's first 16 streamer spread |
August 2002
Pertra becomes operator on Varg Field |
September 2002
PGS appoints new Board of Directors |
July 2003
Chapter 11 filing |
November 2003
PGS emerges from Ch 11 |
November 2003
PGS appoints new Board of Directors |
Nov 2005
Ramform Vanguard performs world’s largest Multi-Azimuth project offshore Egypt |
December 2005
Full refinancing complete |
March 2006
PGS announces plan to build 3rd generation Ramform fleet |
June 2006
Demerger of Petrojarl completed. PGS is once again a dedicated geophysical service company |
May 2007
Agreement signed with Japanese government for 3 year cooperative program |
June 2007
GeoStreamer is launched at EAGE in London to enormous market interest |
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Oct 2007
Acquisition of depth imaging specialist Applied Geophysical Services (AGS) |
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Nov 2007
PGS acquires Arrow Seismic |
March 2008
Ramform Sovereign delivered and named |
May 2008
Ramform Sovereign sets new industry record deployment of 17 streamers |
October 2008
Ramform Sovereign sets new high density industry record of 112 km of deployed streamer 14 x 8 km at 50 meter separation. |
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March 2009
First 3D GeoStreamer survey completed at De Soto Canyon, Gulf of Mexico |
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August - October 2009
World's first 3D seismic survey in the Arctic, acquired using GeoStreamer technology. |
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July 2009
Ramform Sterling is launched |
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September 2009
GeoStreamer is established as the main technology platform for the future |
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December 2009
PGS sells Onshore to Geokinetics |
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