TGS Secures Major 3D Streamer Contract
OSLO, Norway – TGS, a prominent energy data and intelligence provider, proudly announces the successful award of a substantial 3D streamer contract in the Southern Atlantic region. The acquisition is anticipated to begin in the upcoming fourth quarter of this year, with the contract extending over an impressive duration of around 140 days.
Comments from TGS Leadership
Kristian Johansen, the CEO of TGS, expressed his satisfaction regarding this significant contract award. "We are delighted to secure this large 3D streamer contract through our integrated business model. This extensive seismic survey aims to enhance subsurface imaging in a challenging geological environment," he stated. By utilizing the advanced capabilities of the Ramform acquisition platform alongside TGS's proprietary GeoStreamer and Gemini source technology, the company aims to deliver high-quality seismic 3D data that meets client expectations.
About TGS and Its Commitment to Innovation
TGS is devoted to providing cutting-edge data and intelligence to organizations operating within the energy sector. The company's comprehensive range of innovative technology solutions encompasses the entire energy value chain, positioning TGS as a reliable partner in assisting clients to make informed decisions. The vast library of energy data ensures that TGS can support exploration and production activities worldwide effectively.
Advanced Technologies and Solutions
Equipped with leading-edge technology, TGS continually strives to enhance its offerings. The integration of advanced data technologies allows for a more streamlined and efficient analysis process, benefiting clients by providing insights that guide strategic decision-making. By investing in innovative solutions, TGS maintains its status as a trusted source of energy data.
Contact Information for Further Inquiries
Individuals interested in learning more about this latest contract or TGS’s offerings can reach out to:
Bård Stenberg
VP IR & Communication
Mobile: +47 992 45 235
Email: investor@tgs.com
Overall Impact of the 3D Streamer Contract
The award of this 3D streamer contract is a testament to TGS's expanding role in the energy sector. With increasing competition and the demand for accurate geological data rising, TGS's innovative approaches aim to meet these challenges head-on. The company's ability to deliver high-quality data in a timely manner is expected to attract new clients while also retaining existing ones.
Frequently Asked Questions
What is the significance of the 3D streamer contract for TGS?
This contract reinforces TGS's position within the energy sector and reflects the company's commitment to providing high-quality data solutions.
When will the acquisition for the contract begin?
The acquisition is set to commence in the fourth quarter of this year.
How long is the duration of the contract?
The contract will last for approximately 140 days, showcasing TGS's capacity to manage significant projects effectively.
What technologies will TGS use for this project?
TGS plans to employ its advanced Ramform acquisition platform coupled with the proprietary GeoStreamer and Gemini source technology for this seismic survey.
Who can I contact for more information about TGS?
Bård Stenberg, VP IR & Communication, can be contacted at +47 992 45 235 or via email at investor@tgs.com for further inquiries.
