Moody's upgrades PGS's ratings to B2; outlook stable
Rating Action: Moody's upgrades PGS's ratings to B2; outlook stable. Global Credit Research- 24 Jan 2020. London, 24 January 2020-- Moody's Investors Service today upgraded the corporate family rating of PGS ASA to B2 from B3 and its probability of default rating to B2-PD from B3-PD.Petroleum Geo-Services is engaged in providing geophysical services and oil and gas production services. As of Dec. 31, 2001, Co. operated six Ramform design vessels in its marine seismic data acquisition operations.
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