PGS’ 2022 long-term incentive plan has been implemented with the allocation of 6,669000 performance based restricted stock units to employees of the company.
Latest News
‘Natural gas to Expand Significantly in SE Asia Over Coming Decades’
The upcoming G20 Energy Ministerial under the Presidency of Indonesia signals an opportunity to emphasise the soaring role of natural gas to satisfy the growing energy needs of G20.
Oil and Gas Majors Strive to Unlock CCUS Value and Diversify Revenue Streams
Oil and gas majors are looking to carbon capture to diversify revenue streams after committing to 2050 net zero emission target.
Meet Samantha McCulloch, APPEA’s new CEO
APPEA Chair Ian Davies has announced the appointment of Samantha McCulloch as APPEA Chief Executive.
PGS Wins 3D Seismic Contract Award Offshore Cyprus
PGS has been awarded a Wide Azimuth 3D acquisition contract offshore Cyprus. Mobilization is scheduled to start in mid-June with acquisition expected to complete in mid-August.
CGG Joins Norway’s Centre for Geophysical Forecasting
CGG has become a member of the Centre for Geophysical Forecasting, a world-leading research and innovation consortium based in the Norwegian University of Science and Technology (NTNU).
China drives small-scale LNG liquefaction new builds in Asia
China is expected to dominate Asia’s small-scale LNG liquefaction capacity additions, contributing about 99% of the capacity additions between 2022 and 2026.
Sasanof all set for Drilling
Western Gas has mobilised equipment to the Valaris MS-1 semisubmersible drilling in preparation for drilling the eagerly-anticipated Sasanof-1 exploration well.
Australian Hydrogen Council Backs Hunter Hub Initiative
The recent commitment of another $82 million for two hydrogen hubs in the Hunter Region underlines the area’s strategic advantages in the move to a net zero economy, says the Australian Hydrogen Council.
Russia-Ukraine Conflict Spurs Liquefaction Projects Starts in the USA
The US is set to drive upcoming LNG liquefaction projects in the United States, contributing around 68% of the total project starts from 2022 to 2026, says GlobalData.