PGS: PGS Apollo in Sale and Leaseback Agreement
Petroleum Geo-Services ASA has entered into a sale and leaseback agreement of PGS Apollo, the only non-Ramform designed 3D vessel in the PGS fleet, and the best suited vessel for such a transaction. The sale and leaseback agreement is established between PGS and Offshore Merchant Partners (“OMP”) on a 10-year …