Exciting New OBN 3D Contract Award for TGS in Trinidad

Author: Evelyn Baker Updated: 04-07-2025 01:15 AM

New Developments for TGS in the Energy Sector

TGS, a prominent name in energy data and intelligence, has made a significant stride by securing a shallow water OBN acquisition contract in Trinidad. This exciting development showcases TGS's commitment to providing cutting-edge services to their clients. Scheduled to kick off in early Q3, the survey is expected to last around 80 days, reaffirming TGS's capability in managing extensive projects.

Leadership Insights on the New Contract

Kristian Johansen, the CEO of TGS, expressed enthusiasm about the new contract. He noted, "Our OBN technology remains the industry’s preferred option, enhancing our ability to support clients in their production budgeting and asset optimization strategies. We are thrilled to have secured this new shallow water OBN contract, especially as our clients recognize the value of our advanced technology and our consistent execution record. This combination allows us to deliver high-quality data and insights efficiently." Johansen's remarks highlight the confidence TGS holds in its technology and project management skills.

Commitment to Innovation and Quality

TGS is not only focused on executing contracts but also on continuously innovating its technology in the energy sector. Their advanced solutions cater to every aspect of the energy value chain, positioning them as a reliable partner for companies looking to explore and produce energy resources globally. In today's market, efficiency and data quality are pivotal, and TGS is determined to stay ahead of these trends.

A Look at TGS's Broader Impact

Beyond individual contracts, TGS has established a robust reputation in the energy industry by leveraging state-of-the-art technology and extensive data libraries. Their comprehensive suite of insights empowers clients to make informed decisions that can lead to improved operational outcomes. With their data services becoming increasingly indispensable, it’s evident that TGS is adept at navigating the complexities of the energy market.

Contact Information for Further Inquiries

For those interested in learning more about TGS and its offerings, you may reach out to Bård Stenberg, the Vice President of Investor Relations & Communication. He is available at +47 992 45 235. For investment-related questions, contact the team via email at investor@tgs.com.

Frequently Asked Questions

What is the duration of the OBN acquisition contract?

The OBN acquisition contract is scheduled to last approximately 80 days.

Who is the CEO of TGS?

Kristian Johansen serves as the CEO of TGS.

What does OBN stand for?

OBN stands for Ocean Bottom Node, a technology used in seismic data acquisition.

What does TGS specialize in?

TGS specializes in providing energy data and intelligence solutions to companies in the energy sector.

How can I get more information about TGS?

For more information about TGS, you can visit their website at TGS.com.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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