Restructured Norwegian shipowner PGS sees hope of better markets for seismic survey players this year as it brings two ships out of lay-up.
The Oslo-listed company said it is experiencing an increase in seismic acquisition project activity.
Based on project awards so far this year, PGS has begun preparations to reactivate the 10,300-gt survey ship Ramform Vanguard (built 1999) for the summer season.