Petroleum Geo-Services facts for kids
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| Allmennaksjeselskap | |
| Traded as | OSE: PGS |
| Industry | Petroleum |
| Founded | 1991 |
| Headquarters | Lilleakerveien, Norway |
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Area served
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Global |
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Key people
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Walter Qvam (Chairman), Rune Olav Pedersen (President and CEO) |
| Products | Geophysical services |
| Revenue |  USD 590.0 million USD (2021) |
 USD (179.4) Million USD (2021) |
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| Total assets | USD 1,792.8 Million USD (2021) |
| Total equity | USD 245.1 Million USD (2021) |
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Number of employees
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1800 (2016) |
Petroleum Geo-Services (PGS) is a technologically focused oilfield service company involved in providing geophysical services worldwide. Its seismic service offerings help oil companies find oil and gas reserves offshore. Product offerings span from survey planning and data acquisition, through advanced imaging, to reservoir analysis and interpretation.
PGS was founded in Norway in 1991. The company currently has:
- 8 offshore seismic vessels (6 active in winter season)
- 1 processing and imaging megacenters
- 3 main offices Oslo, London and Houston, plus a network of local offices employing around 60 nationalities
PGS has a presence in over 10 countries with headquarters in Oslo, Norway. The company was headquartered at Lysaker until 2013 when it moved to nearby Lilleaker. PGS shares are listed on the Oslo Stock Exchange (OSE:PGS).
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Petroleum Geo-Services Facts for Kids. Kiddle Encyclopedia.