~~Quarter~~UNITED ~~ended~~STATES 14SECURITIES ~~months~~AND ~~period~~EXCHANGE ended March 31, December 31, 2006 12 months period ended Audited October 31, 2005 Audited 2007 2006 (In thousands of British pounds) Unaudit Unaudited Revenues (pound) 1,429 (pound) 42 (pound) 518 (pound) - Operating profit (1,316) (793) (4,323) (2,226) Net result (2,159) (1,093) (6,403) (2,568) Cash (period end) 2,260 915 2,104 876 Total assets (period end) 5,065 1,602 3,828 1,505 Long-term liabilities(period end) 14,020 5,204 11,859 3,235 Shareholders equity (period end) (pound) (10,905) (pound) (4,057) (pound) (8,746) (pound) (2,343)COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 1-14614

Petroleum Geo-Services ASA

(Translation of Registrant’s name into English.)

Strandveien 4
N-1366 Lysaker, Norway
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes o No o

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	Petroleum Geo-Services ASA (Registrant)
Date: June 27, 2007	By:	/s/ CHRISTOPHER MOLLERLOKKEN
		Christopher Mollerlokken
		Investor Relations Manager

EXHIBIT INDEX


Exhibit Number		Exhibit Description
Exhibit 99.1		Press Release dated June 27, 2007

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