Search results for: Jon Erik Reinhardsen

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  • 12 September 2014

    Höegh LNG Holdings said that Jon Erik Reinhardsen has resigned as a director of the company. “Nomination of a new director will be announced in due course,” the company said in a statement. Morten W. Høegh, Chairman of Höegh LNG, said: “We are grateful for Jon Erik Reinhardsen’s valuable contribution to the Company and the Board since […]

  • 29 May 2017
    Business & Finance

    Norwegian seismic player Petroleum Geo-Services (PGS) has informed that its president & CEO Jon Erik Reinhardsen wishes to retire, in accordance with his employment contract. The company said it has accepted August 31, 2017 as his last day of service, and initiated the process to find his successor. Chairperson, Walter Qvam said in a statement: “We are […]

  • 7 June 2017

    Norwegian energy company and LNG player Statoil elected Jon Erik Reinhardsen as the new chair of company’s board of directors.

  • 29 May 2017
    Business & Finance

    Marine seismic acquisition company Petroleum Geo-Services (PGS) has informed that its President & CEO Jon Erik Reinhardsen is retiring. The board has accepted August 31, 2017, as Reinhardsen’s last day of service, and initiated the process to find his successor. Chairperson Walter Qvam said in a statement: “We are grateful for Jon Erik Reinhardsen’s strong […]

  • 27 October 2016
    Business & Finance, Equipment

    Oceaneering informed it has appointed Jon Erik Reinhardsen to its board of directors. Reinhardsen is currently the president and chief executive officer of marine geophysical company, Petroleum Geo-Services (PGS), positions he has held since April 2008. Prior to joining PGS, Reinhardsen served as Alcoa’s president, global primary products growth from 2005 to 2008. He currently serves […]

  • 30 May 2017
    Business & Finance

    Statoil’s nomination committee has unanimously recommended that the company’s corporate assembly elects Jon Erik Reinhardsen as the new chairman of the board of directors. The Norwegian oil company also said that the committee recommended the re-election of Roy Franklin as deputy chair and Wenche Agerup, Bjørn Tore Godal, Rebekka Glasser Herlofsen, Maria Johanna Oudeman, and […]

  • 28 November 2011
    Business & Finance

    The Norwegian Academy of Science and Letters and the seismic company PGS have entered into a million kroner agreement to support mathematics initiatives in Norway and Africa Petroleum Geo-Services​ (PGS) and the Norwegian Academy of Science and Letters have signed a cooperation agreement regarding support for measures to increase interest in mathematics in general and […]

  • 18 February 2011

    Petroleum Geo-Services ASA (PGS) has signed a Letter of Award with Mitsubishi Heavy Industries Ltd. for the delivery of two Ramform W-class vessels, with the option for another two ships. The vessels are the first in the new, fifth generation Ramform series. Planned deliveries of the two first vessels are in 2013. . PGS President […]

  • 18 August 2014
    Business & Finance

    Petroleum Geo-Services (PGS), a seismic industry focused company, announces organizational changes in its team. PGS’ General Counsel Rune Olav Pedersen’s role is expanded to also include the following departments from corporate communications; investor relations (IR), internal and external communications, corporate marketing and customer relations. He will now have the position General Counsel and SVP Communications […]

  • 20 October 2017

    Eldar Sætre, CEO of the Norwegian oil company Statoil, will continue as CEO after he turns 62 in February 2018, and will not use his contractual right to retire at the age of 62. “It has been a wish from the board of Statoil that Eldar Sætre continues as CEO. As CEO, Eldar has successfully implemented […]

  • 17 March 2016
    Business & Finance

    The third of four Ramform Titan-class vessels, the Ramform Tethys, was named at the Mitsubishi Heavy Industries Shipbuilding yard in Nagasaki, Japan on Thursday. The Ramform Tethys was delivered to PGS yesterday, March 16, and follows two first Ramform Titan-class vessels delivered to the Norwegian seismic contractor in 2013 and 2014, the Ramform Titan and the Ramform Atlas. […]

  • 8 June 2017
    Business & Finance

    Marine geophysical company Petroleum Geo-Services is joining the fight against ocean pollution as it developed a concept for efficient, large-scale collection of plastic in the oceans. The company said that its plastic collection concept consists of a seismic vessel and a support vessel towing booms, in a fan formation, which are connected to a processing […]

  • 28 August 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian seismic player Petroleum Geo-Services (PGS) has appointed Rune Olav Pedersen as the new president & CEO of the company. He will succeed Jon Erik Reinhardsen on September 1, 2017. “The Board has run a thorough succession process since early spring, and assessed a number of very qualified Norwegian and international candidates. With the appointment […]

  • 3 May 2016
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services (PGS), has seen its quarterly loss widen as revenues declined some 19 per cent during the first quarter of 2016. The Oslo-listed seismic player, posted net loss of $57 million or 24 cents per share for the first quarter of 2016, compared with $19.5 million loss or 9 cents per share in the […]

  • 11 May 2017
    Business & Finance, Equipment

    Norwegian seismic player, Petroleum Geo-Services (PGS), reported net loss for the first quarter ended March 31, 2017 of $106 million versus $57 million in the prior year. PGS also recorded lower revenue of $155 million for the Q1 2017, compared to $203 million in the Q1 2016. This reflects a 40% reduction in total multi-client […]

  • 27 July 2017
    Business & Finance, Operations & Maintenance

    Norwegian seismic player, Petroleum Geo-Services (PGS), reported net loss for the second quarter ended June 30, 2017 of $32 million versus $52 million in the prior-year quarter. Basic loss was 10 cents per share, narrowed from 22 cents per share same time last year. PGS generated revenues of $240 million for the Q2 2017, compared […]

  • 3 July 2017
    Project & Tenders

    Petroleum Geo-Services (PGS) has entered into a data sharing agreement with the South African Marine Research and Exploration Forum (SAMREF) for use of surplus data to improve understanding of the oceans. Data recordings like temperatures and salinity through the water column, currents and weather observations are collected as a part of the PGS seismic acquisition […]

  • 11 April 2016
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services (PGS) informed that Walter Qvam, currently board member of PGS, will be proposed as new chairperson at the upcoming annual general meeting scheduled for May 11, 2016. Qvam has been a PGS Board Member since 2013 and is currently president and CEO of Kongsberg, a position he will resign from in June this year. Previously […]

  • 15 February 2016
    Business & Finance, Operations & Maintenance

    Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $334.6 million for the fourth quarter of 2015, compared with $93.6 million loss in the corresponding period in 2014. In the fourth quarter of 2015, the company generated revenues of $229.3 million, down some 47 percent, when compared to $430.1 million a year earlier. Full-year revenues were […]

  • 26 May 2017

    Norway’s seismic data specialists Petroleum Geo-Services and TGS have started the fourth 3D seismic project offshore Eastern Canada for 2017. Long Range 3D will comprise approximately 9,100 square kilometers of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be included in the November 2018 licensing round under Newfoundland Labrador’s Scheduled Land Tenure […]

  • 6 June 2017
    Business & Finance, Operations & Maintenance, Research & Development

    Petroleum Geo-Services (PGS) said it has developed a concept for collection of plastic from the oceans. The solution uses the inherent benefits of seismic vessels and takes advantage of their air compressors and capabilities for handling large towing configurations, PGS explains. The PGS plastic collection concept consists of a seismic vessel and a support vessel […]

  • 28 August 2017
    Business & Finance

    Norwegian marine seismic player Petroleum Geo-Services (PGS) has appointed a new president and chief executive officer (CEO) of the company. PGS said on Friday that the new president and CEO was Rune Olav Pedersen. According to the company, he will succeed Jon Erik Reinhardsen on September 1, 2017. PGS chairman Walter Qvam said: “With the […]