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:
TGS-Nopec Geophysical Company ASA
sales of 3.82 billion Norwegian Kroner [US$454.50 million]
of which 59%
was North & South America),
Petro Welt Technologies AG
(304.38 million Euro [US$339.71 million]
of which 55%
was Drilling Sidetracking IPM), and
NRC Group ASA
(1.98 billion Norwegian Kroner [US$234.99 million]
During the year ended December of 2016, sales at
Petroleum Geo-Services ASA were NOK 6.40 billion (US$761.80 million).
decrease of 17.9%
versus 2015, when the company's sales were NOK 7.80 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Petroleum Geo-Services ASA had sales
of NOK 6.97 billion.
Contributing to the drop in overall sales was the 34.2% decline
in Multi-Client Pre-Funding, from NOK 3.09 billion to NOK 2.03 billion.
There were also decreases in sales in
Contract Seismic (down 19.9% to NOK 1.78 billion)
Imaging (down 22.8% to NOK 586.41 million)
Other (down 33.6% to NOK 105.55 million)
However, these declines were partially offset by the increase in sales of
Multi-Client Late Sales (up 20.6% to NOK 1.90 billion)