Petroleum Geo-Services ASA operates within the Surveying services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Petroleum Geo-Services ASA with three other
engineering and architectural services in Europe:
sales of 978.43 million Norwegian Kroner [US$120.05 million]
of which 46%
was Operating Segment - Africa/Mediterranean),
TGS-Nopec Geophysical Company ASA
(4.05 billion Norwegian Kroner [US$497.17 million]
of which 49%
was North & South America), and
NRC Group ASA
(2.37 billion Norwegian Kroner [US$291.17 million]
During the year ended December of 2017, sales at
Petroleum Geo-Services ASA were NOK 6.91 billion (US$847.29 million).
increase of 7.9%
versus 2016, when the company's sales were NOK 6.40 billion.
Despite this increase, sales are still
below the level achieved in 2015, when Petroleum Geo-Services ASA
reported sales of NOK 7.80 billion.
Sales of Multi-Client Pre-Funding saw an increase
that was more than double the company's growth rate: sales were up
21.4% in 2017, from
NOK 2.03 billion to NOK 2.46 billion.
Petroleum Geo-Services ASA also saw significant increases in sales in
Contract Seismic (up 11.5% to NOK 1.99 billion)
Not all segments of Petroleum Geo-Services ASA experienced an increase in sales in 2017:
sales of Imaging fell 28.4% to NOK 419.86 million.
Petroleum Geo-Services ASA also experienced decreases in sales in
Other (down 5.6% to NOK 99.61 million)