Ferd bought 11.3m shares in PGS according to a recent regulatory filing, lifting its stake in PGS to 22m shares, or around 10.1%.
Ferd AS is a family owned industrial and financial group is an active and long term investor in strong companies.
“Ferd considers PGS to be a strong company that has built a leading position over many years in the seismic industry,” PGS said in a statement.
“Based
