Annual Report 2011 - PGS

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MultiClient Seismic data PGS acquires and processes to be included in the Company’s data library is referred to as MultiClient. PGS invests in MultiClient seismic surveys and the processed data sets are marketed and sold to multiple customers on a non-exclusive basis.
The black grids shows locations of PGS’ 2D MultiClient library and the red areas represent PGS’ 3D MultiClient data world wide.
Page 1 and 2: Operations Annual Report 2011 www.p
Page 3 and 4: Key Financial Figures Key Financial
Page 5 and 6: MultiClient revenues of USD 502 mil
Page 7 and 8: Operations Main Offices oSlo Petrol
Page 9 and 10: To optimize profitability and cash
Page 11 and 12: Letter from the CEO contributes to
Page 13 and 14: Introduction to business units tran
Page 15 and 16: PGS Annual Report 2011 15
Page 17 and 18: Marine Contract provides more detai
Page 19: Marine Contract OptoSeis: Enhancing
Page 23 and 24: MultiClient The MultiClient data li
Page 25 and 26: MultiClient Operations Angola: Mapp
Page 27 and 28: Operations PGS Annual Report 2011 2
Page 29 and 30: Operations in 2011. The performance
Page 31 and 32: Operations Ramform’s Sustainable
Page 34 and 35: Operations Data Processing and Tech
Page 36 and 37: Data Processing and Technology seis
Page 38: Corporate Responsibility: PGS’ De
Page 41 and 42: Health, Safety, Environment and Qua
Page 43 and 44: The PGS Share 20 largest PGS shareh
Page 45 and 46: The PGS Share Contact Information f
Page 47 and 48: Corporate Governance carry the same
Page 49 and 50: Corporate Governance the upcoming c
Page 51 and 52: Corporate Governance is made, the B
Page 53 and 54: Board of Directors Daniel Piette is
Page 55 and 56: Executive Management Guillaume Camb
Page 57 and 58: Board of Directors’ report Effort
Page 59 and 60: Board of Directors’ report delive
Page 61 and 62: Board of Directors’ report the re
Page 63 and 64: Board of Directors’ report Commod
Page 65 and 66: Board of Directors’ report sharin
Page 67 and 68: A work boat arrives the stern cradl
Page 69 and 70: Consolidated financial statements C
Page 71 and 72:
Consolidated financial statements C
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Notes to the Consolidated Financial
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Notes to the consolidated financial
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NOTES Notes TO to THE the CONSOLIDA
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Statements of Operations - PGS ASA
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Statements of operations - PGS ASA
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Notes to the financial Statements o
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Auditor’s report PGS Annual Repor
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Annual Report 2011 - PGS

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