PGS to invest in fleet expansion

Petroleum Geo-Services ASA (PGS) has initiated an equity issue to fund a program to renew and expand the company’s fleet of seismic ships by building two fifth generation Ramform vessels.

Petroleum Geo-Services ASA (PGS) has initiated an equity issue to fund a program to renew and expand the company’s fleet of seismic ships by building two fifth generation Ramform vessels.
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Source: Motorship