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.

No comments

More Popular Posts

About Crude Oil Facilitators

Crude Oil Facilitators are dedicated global brokers and facilitators of crude oil buying and selling. We work directly with crude oil buyers and crude oil sellers worldwide. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the brokering of crude oil and other petroleum products buying and selling.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Facilitators, click here ». To learn more about Crude Oil Facilitators, click here

Crude Oil Facilitators