PGS ASA: Q1 2024 Update

April 9, 2024, Oslo, Norway: Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS for Q1 2024 of approximately $217 million, compared to $143.1 million in Q1 2023. The Company expects Produced Revenues* for Q1 2024 of...

CGG’s Long Term Debt Upgraded by S&P

PARIS, France – April 8, 2024  CGG today announced that S&P Global Ratings (“S&P”) has upgraded the Company’s issuer credit rating to ‘B-‘ from ‘CCC+’. S&P noted “a markedly stronger 2024 – 2025 financial...

Brasse, Now Bestla, Brage’s Grandma, to Tie Up with Brage as Partners Approve Field Development                                                                                                                                                 

Oslo, 8 April 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that a final investment decision has been made for the development of the Brasse field, to be renamed Bestla, based on a tie-back to the nearby production facilities of the Brage field....