Petroleum Geo-Services
Encyclopedia
Petroleum Geo-Services ASA, an oilfield service company, provides geophysical services worldwide. The company provides various seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation. The floating production unit was demerged in 2006 and listed as a Petrojarl ASA
Petrojarl
Teekay Petrojarl is the largest Floating Production Storage and Offloading operator in the North Sea with a daily production of 339,000 barrels of oil per day and a storage capacity of of crude oil...

 on Oslo Stock Exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...

. The company is headquartered in Lysaker
Lysaker
Lysaker is a section of and a postal code area of the Norwegian municipality of Bærum, just west of Oslo.Geographically, it is bordered by Lysakerelven on the east, which also forms the border to Oslo; Fornebu to the south; Stabekk to the west; and Jar to the north...

, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

; there are also major offices in Houston, Texas
Houston, Texas
Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ...

, US
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

; Weybridge
Weybridge
Weybridge is a town in the Elmbridge district of Surrey in South East England. It is bounded to the north by the River Thames at the mouth of the River Wey, from which it gets its name...

, UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 and Perth
Perth, Western Australia
Perth is the capital and largest city of the Australian state of Western Australia and the fourth most populous city in Australia. The Perth metropolitan area has an estimated population of almost 1,700,000....

, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

.

Petroleum Geo-Services (PGS) was founded in 1991, to focus on the production of high grade seismic data for oil companies.

PGS operates in two primary business areas - seismic and production - through three operating units: Marine Geophysical, Onshore Geophysical, and Production. In addition, a Reservoir business unit provides reservoir expertise.

The PGS group employs approximately 2,800 people and has offices and operations in more than 20 countries worldwide, its revenues for 2006 were approximately 1.3 billion USD.

The chairman of the Board of Directors is Francis Gugen; board members are Harald Norvik
Harald Norvik
Harald Norvik is a former chairman, president, and chief executive of Norwegian oil giant Statoil. Since 2007 he has been Chairman of Telenor....

, Holly Van Deursen, Daniel J. Piette
Daniel J. Piette
Daniel J. Piette is an American businessperson.Graduated from the University of Wisconsin, Madison List of University of Wisconsin-Madison people in 1980. From 1980 to 1982 he worked for Exxon as a mining engineer. He then became Customer Support Manager in David P...

, Annette Malm Justad
Annette Malm Justad
Annette Malm Justad is a Norwegian businessperson.As education she has two master's degrees, one in technology management from the MIT Sloan School of Management and the Norwegian Institute of Technology, and another in chemical engineering from the Norwegian Institute of Technology...

, Carol Bell and Ingar Skaug
Ingar Skaug
Ingar Skaug, was CEO at Wilh. Wilhelmsen from 2003 to 2010.He has previously held the positions as president and CEO at Wallenius Wilhelmsen Logistics and Wilhelmsen Lines. Before taking up positions in the WW-group, Skaug was vice president and deputy chief operating officer in the Norwegian part...

.
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