TGS Expands Exploration Horizons with PAMA Phase II Survey
TGS, a global leader in energy data and intelligence, is making significant strides in offshore Brazil with the announcement of the PAMA Phase II 3D multi-client survey in the Equatorial Margin area. This ambitious initiative builds upon the success of the initial phase, which successfully covered approximately 19,343 square kilometers and included over 25 future exploration blocks within the Pará-Maranhao Basin—one of the world’s largest and most unexplored basins, rich with potential.
Project Overview and Strategic Expansion
The PAMA Phase II survey plans to extend its coverage by an impressive 11,500 square kilometers, focusing on blocks that are currently up for nomination in upcoming licensing rounds slated for 2026 and 2027. A specialized Ramform Titan-class vessel began data acquisition in early June 2025, with expectations set to complete the survey by early March 2026. Equipped with cutting-edge TGS GeoStreamer technology, the vessel guarantees high-quality 3D seismic data acquisition. This project exemplifies TGS’s commitment to advancing seismic survey technology, backed by substantial industry funding.
Significance of the Pará-Maranhao Basin
The Pará-Maranhao Basin is notable for its robust deepwater petroleum system, having indications of activity dating back to the Cretaceous and Paleogene layers. The area's exploration potential has drawn considerable interest, fueled by recent prolific discoveries in adjacent regions, particularly in Guyana and Suriname. This interest reflects the basin's vast resources and capabilities for future exploration efforts.
Leadership Insights and Future Expectations
Kristian Johansen, CEO of TGS, has expressed the company’s excitement regarding the survey. He noted, “We experienced strong industry interest and support for our PAMA Phase I survey, as the Equatorial Margin represents one of the most exciting exploration frontiers globally. With PAMA Phase II, we are significantly expanding our data coverage, and by leveraging our advanced acquisition capabilities and imaging expertise, this survey will provide substantial value for our clients’ exploration activities in the Pará-Maranhao Basin.” Johansen also highlighted the active involvement of two Ramform Titan-class vessels in the Equatorial Margin for the remainder of 2025, particularly with ongoing projects such as the Megabar extension multi-client project in the Barreirinhas Basin.
About TGS and Its Vision
TGS is at the forefront of providing advanced data and intelligence services to companies operating within the energy sector. Its innovative technologies and comprehensive solutions encompass the entire energy value chain, equipping clients with essential insights to inform their decision-making processes. Coupled with a global energy data library, TGS stands as a reliable partner dedicated to supporting the exploration and production of energy resources worldwide.
Contact Information
For further information regarding the PAMA Phase II survey and TGS's initiatives, contact Bård Stenberg, VP IR & Business Intelligence, at +47 992 45 235 or via email at investor@tgs.com.
Frequently Asked Questions
What is the PAMA Phase II survey?
The PAMA Phase II survey is a 3D multi-client seismic survey by TGS designed to expand data acquisition in the Equatorial Margin offshore Brazil.
Why is the Pará-Maranhao Basin significant?
This basin is one of the largest unexplored regions in the world, with potential for substantial oil and gas resources, particularly due to discoveries in nearby countries.
How does the TGS GeoStreamer technology benefit the survey?
TGS GeoStreamer technology enhances the quality of seismic data acquisition, resulting in more accurate images for better decision-making in exploration activities.
What are the future plans for TGS in this region?
TGS plans to continue expanding its data coverage and capabilities, supporting further exploration in the Equatorial Margin with ongoing and future multi-client projects.
How can interested parties learn more about TGS?
For more details, one can visit TGS's official website or contact company representatives directly for inquiries about ongoing surveys and services.
