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Petroleum Geo-Services Awarded Two Seismic Contracts

Maritime Activity Reports, Inc.

August 23, 1999

Petroleum Geo-Services ASA was recently awarded a seismic contract in deepwater Gulf of Mexico. Petroleum Geo-Services will utilize its proprietary 3D marine seismic vertical cable technology for the contract awarded by Phillips Petroleum Company in deepwater Gulf of Mexico in the Garden Banks area. The contract will involve one month of high-density data acquisition.

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