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2016-01-25

Petroleum Geo-Services ASA : Webcast and Conference Call Contact Details for PGS' Fourth Quarter 2015 Results

January 25
, 2016: OSLO, NORWAY,
PGS will release its fourth quarter and preliminary 2015 results on Monday,
February 15, 2016 at approximately8:00 am
Central European Time (CET).

A presentation is scheduled the same day at9:00 am
CET
at PGS' headquarters at Lilleakerveien 4C, Oslo, Norway. The event will
bewebcasted live
and available for replay shortly after.A corresponding conference call
is also set up for the presentation scheduled at9:00 am CET
. Contact details for this service is listed below.

An additionalconference call
is scheduled the same day at3:00 pm CET
. Contact details for this service is listed below.

The earnings release concerning the fourth quarter 2015 results and a
corresponding presentation will be posted onwww.newsweb.noand on PGS' web
sitewww.pgs.com.

To watch the webcast over the internet, please visit PGS' web
site,www.pgs.com, at least 10 minutes early to register and to download and
install any necessary software.

To access the conference call scheduled at
9:00 am
CET
, please dial-in at the number provided below, corresponding to your location.
The conference ID is 377029.

---------------------------------------------------------------
| Location Dial-In Number |
| Norway (toll free) 800 51 011 |
| Norway (toll) 21 00 69 15 |
| International (toll) +44 (0)20 3147 4971 or +1 917 286 8056 |
| UK (toll free) 0800 279 4898 |
| US (toll free) 1 866 268 1186 |
---------------------------------------------------------------

The telephone will be open for questions at the conclusion of management's
remarks. A digital replay will be available shortly after the conference call
and until February 22, 2016. The access number for this service is 2348073.
Please access the replay by dial-in at the number provided below.

------------------------------------
| Location Dial-In Number |
| Norway (toll) +47 21 00 04 98 |
| UK (toll) +44(0)20 3427 0598 |
| US (toll) +1 347 366 9565 |
------------------------------------

To access the conference call scheduled at 3:00 pm
CET
, please dial-in at the number provided below, corresponding to your location.
The conference ID is 562750.

---------------------------------------------------------------
| Location Dial-In Number |
| Norway (toll free) 800 51 011 |
| Norway (toll) 21 00 69 15 |
| International (toll) +44 (0)20 7984 7578 or +1 212 444 0096 |
| UK (toll free) 0800 279 5728 |
| US (toll free) 1866 268 1186 |
---------------------------------------------------------------

The telephone will be open for questions at the conclusion of management's
remarks. A digital replay will be available shortly after the conference call
and until February 22, 2016. The access number for this service is 8914008.
Please access the replay by dial-in at the number provided below.

------------------------------------
| Location Dial-In Number |
| Norway (toll) +47 21 00 04 98 |
| UK (toll) +44(0)20 3427 0598 |
| US (toll) +1 347 366 9565 |
------------------------------------

-----------------------------------
| FOR DETAILS, CONTACT: |
| Bård Stenberg |
|, VP IR&Corporate Communications |
| |
|Mobile: +47 99 24 52 35 |
-----------------------------------
****

Petroleum Geo-Services is a focused marine geophysical company providing a
broad range of seismic and reservoir services, including acquisition,
processing, interpretation, and field evaluation. The company also possesses
the world's most extensive MultiClient data library. PGS operates on a
worldwide basis with headquarters at Lilleaker Oslo, Norway.

For more information on Petroleum Geo-Services visitwww.pgs.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Petroleum Geo-Services ASA via Globenewswire

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