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July 11, 2022, Oslo, Norway: Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS* for Q2 2022 of approximately $274 million, compared to $185.9 million in Q2 2021. Contract revenues ended at approximately $63 million in Q2 2022, compared to $51.5 million in Q2 2021. MultiClient late sales revenues were [...]
July 8, 2022 Oslo, Norway: PGS will release its Q2 2022 results on Thursday July 21, 2022 at approximately 07:00 am Central European Summer Time . The earnings release and the earnings presentation will be published on www.newsweb.no and on PGS' website www.pgs.com. President & CEO Rune Olav Pedersen and EVP & CFO Gottfred Langseth will present the [...]
Oslo, 8 July 2022 - DNO ASA, the Norwegian oil and gas operator, today reported that the Edinburgh exploration well drilled in offshore UK license P255 is being plugged and abandoned having failed to encounter commercial quantities of hydrocarbons in the prospect. The well was drilled to a total depth of 16,500 feet and encountered two sandstones [...]
Oslo, 7 July 2022: The extraordinary general meeting of Yara International ASA today approved the internal reorganization by way of a demerger and triangular merger and share capital increase in the company in line with the proposals in the Extraordinary General Meeting Notice. The purpose of the internal reorganisation is to prepare for the [...]
Oslo, 4 July 2022: Yara has signed a Share Purchase Agreement with XLR Enterprises Limited to sell its ownership interest in the Dallol mining project in Ethiopia. The Dallol mining project comprises a planned Sulphate of potash mine in the Afar region in Ethiopia. Yara has been the majority shareholder in the project, with XLR Enterprises Limited [...]
1 July, 2022 Reference is made to the stock exchange announcement made by PGS ASA on 29 June 2022 regarding a subsequent offering of up to 38,155,803 new shares at a subscription price of NOK 3.70 and the approval and publication of a prospectus pertaining to the Subsequent Offering. The subscription period for the Subsequent Offering will commence [...]
In line with the objective for the share buy-back programme which was executed by Equinor ASA in three tranches in the period 28 July 2021 until 25 March 2022, the annual general meeting on 11 May 2022 in Equinor ASA decided that the share capital shall be reduced with NOK 205,543,870 from NOK 8,144,219,267.50 to NOK 7,938,675,397.50, by deletion [...]
PRESS RELEASE Paris, June 30, 2022, 8:30 a.m. Eramet: the Group's economic contribution to the principal countries in which it operates increased, benefiting local communities In 2021, Eramet contributed €1.8 billion to the economies of the principal countries where it operates1. Local purchases and payroll amounted to €1.1 billion and [...]
Oslo, 30 June 2022: Today, Yara International ASA will host a Capital Markets Day for Yara Clean Ammonia . During the event, members of YCA's management team will present key features of the Company, including its strategy and growth ambitions, as well as financial parameters and targets for the future. In May 2022, Yara announced that it is [...]
29 June, 2022 Reference is made to the previous stock exchange announcements by PGS ASA regarding a successfully placed private placement of new shares in the Company, raising gross proceeds of approximately NOK 800 million and a potential subsequent offering of up to 38,155,803 new shares at a subscription price of NOK 3.70, and the Company's [...]
The PGS ASA 2019 Long Term Incentive Plan , under which Performance based Restricted Stock Units were awarded to employees and primary insiders in PGS ASA and its subsidiaries , settled on June 23, 2022. PRSUs awarded to the below primary insiders under the 2019 LTI Plan have settled as follows: Rune Olav Pedersen, President & CEO, has received [...]
22 June, 2022 - Reference is made to the stock exchange release by PGS ASA on 22 June 2022 regarding the initiation of a share buy-back program to cover settlement of Performance based Restricted Stock Units under the Company's 2019 Long Term Incentive Plan for employees. On 22 June 2022, PGS ASA has purchased a total of 500,000 own shares at the [...]
