About Petroleum Geo Services
Petroleum Geo Services is a company based in Oslo (Norway) founded in 1991.. Petroleum Geo Services has completed 1 acquisition, including Molecular Templates, Inc.. Petroleum Geo Services offers products and services including Multi-Client Library, Acquisition Technologies, New Energy Solutions, and Advanced Data Processing. Petroleum Geo Services operates in a competitive market with competitors including Acceleware, MicroSeismic, Wireless Seismic, ION Geophysical and Sharp Reflections, among others.
- Headquarter Oslo, Norway
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tgs Asa
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$40.68 M (USD), Post-IPO
Sep 18, 2023
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Petroleum Geo Services
Petroleum Geo Services offers a comprehensive portfolio of products and services, including Multi-Client Library, Acquisition Technologies, New Energy Solutions, and Advanced Data Processing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides geological data for energy exploration worldwide.
Delivers vessel-based multisensor data acquisition for energy needs.
Offers digitized models for wind, geothermal, and CCS applications.
Processes data to reduce uncertainty in energy decisions.
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Software Development Team
26 people
Leadership Team
22 people
Sales and Marketing
20 people
Senior Team
11 people
Product Management Team
9 people
Finance and Accounting
9 people
Human Resources and Administration
7 people
Operations Team
6 people
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Funding Insights of Petroleum Geo Services
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $40.7M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2023 | Amount | Post-IPO - Petroleum Geo Services | Valuation |
investors |
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| Nov, 2022 | Amount | Post-IPO - Petroleum Geo Services | Valuation |
investors |
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| May, 2022 | Amount | Post-IPO - Petroleum Geo Services | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Petroleum Geo Services
Petroleum Geo Services has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Point Financial. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Lease financing is provided to growth-stage companies in the US.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Petroleum Geo Services
Petroleum Geo Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Molecular Templates, Inc.. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Molecular Templates, Inc. was a clinical-stage biopharmaceutical company.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Petroleum Geo Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Petroleum Geo Services Comparisons
Competitors of Petroleum Geo Services
Petroleum Geo Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Acceleware, MicroSeismic, Wireless Seismic, ION Geophysical and Sharp Reflections, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Seismic imaging software and enhanced oil recovery solutions are provided.
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| domain | founded_year | HQ Location |
Microseismic monitoring services for hydrocarbon exploration and production are provided.
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| domain | founded_year | HQ Location |
Developers of wireless seismic recording systems
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| domain | founded_year | HQ Location |
AI-driven seismic solutions are provided for oil and gas exploration.
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| domain | founded_year | HQ Location |
Seismic data is analyzed and processed for hydrocarbon identification.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Petroleum Geo Services
Frequently Asked Questions about Petroleum Geo Services
When was Petroleum Geo Services founded?
Petroleum Geo Services was founded in 1991 and raised its 1st funding round 22 years after it was founded.
Where is Petroleum Geo Services located?
Petroleum Geo Services is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
What does Petroleum Geo Services do?
Petroleum Geo Services was founded in 1991 in Oslo, Norway, and operates within the geophysical sector of the energy industry. Marine-focused services are provided, encompassing 2D, 3D, and 4D seismic data acquisition, processing, multiclient data libraries, and reservoir analysis. These offerings support exploration and production activities in offshore environments, with a primary emphasis on geophysical products and solutions for the petroleum sector.
Who are the top competitors of Petroleum Geo Services?
Petroleum Geo Services's top competitors include Acceleware, MicroSeismic and Electromagnetic Geoservices.
What products or services does Petroleum Geo Services offer?
Petroleum Geo Services offers Multi-Client Library, Acquisition Technologies, New Energy Solutions, and Advanced Data Processing.
How many acquisitions has Petroleum Geo Services made?
Petroleum Geo Services has made 1 acquisition, including Molecular Templates, Inc..
Who are Petroleum Geo Services's investors?
Petroleum Geo Services has 1 investor. Key investors include Point Financial.