Norwegian Seismic Firm Reactivates Vessels Citing Pick Up in Activity

March 4, 2021
Credit: PGS

Credit: PGS

Norway-based marine seismic surveyor PGS said Thursday it was experiencing an increase in seismic acquisition project activity, and that it would reactivate some previously stacked vessels.

"Based on project awards so far, PGS has started preparations to activate Ramform Vanguard for the summer season, with the acquisition expected to commence in April," PGS said.

In addition, the company said it would activate the Sanco Swift vessel to be used as a source vessel for at least three months on awarded projects.

It did not share details on the locations of the projects awarded, nor on the clients that awarded the contracts.

To remind, back in April 2020, due to the coronavirus outbreak and a crash in oil prices hitting the offshore services industry hard, PGS said it would cold stack two 3D vessels - PGS Apollo and Sanco Swift. 

The company then in June 2020 - when it announced job cuts -  said it would stack another vessel.

Norwegian Seismic Firm Reactivates Vessels Citing Pick Up in Activity Norwegian Seismic Firm Reactivates Vessels Citing Pick Up in Activity Reviewed by Crude Oil Facilitators on 13:49 Rating: 5

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