Equinor extends multiyear 4D framework agreement with PGS
(WO) – Equinor has extended its framework agreement with PGS by two additional years. Per the agreement, PGS will acquire 4D monitoring surveys on the Norwegian and UK continental shelves.
PGS will acquire 4D surveys over the Gullfaks and Gudrun fields over the summer of 2023. These surveys will utilize PGS’s Ramform vessels and GeoStreamer technology to obtain seismic data for nearfield exploration and 4D production, according to PGS President and CEO Rune Olav Pedersen.
“The confidence Equinor shows by extending the multiyear framework agreement confirms our strong position in the 4D market,” said Pedersen.