January 29, 2010: OSLO, NORWAY, Petroleum Geo-Services ASA ("PGS" or the
"Company") will as previously announced release its fourth quarter 2009 results
on Monday, February 22, 2010 at approximately 8:00 am Central European Time
(CET).

A presentation is scheduled the same day at 9:00 am CET at PGS' Headquarters at
Lysaker, Norway. The event will be webcasted live and available for replay
shortly after. A conference call is also scheduled the same day at 3:00 pm CET
(9:00 am ET). Contact details for this service are listed below.

The earnings release concerning the fourth quarter 2009 results and a
corresponding slide presentation will be posted on www.newsweb.no
<http://www.newsweb.no/> and on PGS' web site www.pgs.com <http://www.pgs.com/>.


To watch the webcast over the internet, please visit PGS' web site, www.pgs.com
<http://www.pgs.com/>, at least 10 minutes early to register and to download and
install any necessary software, which is available on this link;
http://www.smartcom.no/help/help.html

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
6895461.


  Location               Dial-In Number

  Norway (toll free)     800 19 640

  International (toll)   +44 (0)20 7806 1953

  UK (toll free)         0800 028 1243

  US (toll free)         1888 935 4575


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
until Monday March 1, 2010. The access number for this service is 6895461
followed by # (pound-sign). Please access the replay by dial-in at the number
provided below.


  Location               Dial-In Number

  Norway (toll)          +47 21 00 04 98

  International (toll)   +44 (0)20 7111 1244

  UK (toll free)         0800 358 7735



 FOR DETAILS, CONTACT:


 Bård Stenberg, Investor Relations Manager
 Phone:   +47 67 51 43 16
 Mobile: +47 99 24 52 35

 US Investor Services
 Phone +1 281 509 8712

                                      ****
 Petroleum  Geo-Services  is  a  focused  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 multi-client data  library. PGS operates  on a worldwide basis
 with headquarters at Lysaker, Norway.

 For more information on Petroleum Geo-Services visit www.pgs.com
 <http://www.pgs.com/>.



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1378531]





    Invitation Q4 2009 Results: http://hugin.info/115/R/1378531/339038.pdf