TGS Secures Major Seismic Contract in Indonesia's Waters
TGS Secures Major Seismic Contract in Indonesia's Waters
TGS, recognized as a premier provider of energy data and intelligence, is excited to announce that it has been awarded a large streamer contract offshore Indonesia. The project encompasses an extensive area of approximately 10,000 square kilometers.
Project Overview
The contract primarily focuses on the acquisition of 3D seismic data essential for exploration. Following this phase, there will be a significant one-month period dedicated to 4D seismic data acquisition aimed at production monitoring. The survey is scheduled to kick off in the fourth quarter of 2025, with an expected overall duration of around eight months.
CEO's Statement
Kristian Johansen, the CEO of TGS, expressed his enthusiasm regarding this significant contract: "We are thrilled to have been awarded this major streamer contract. We will conduct the survey using a Ramform vessel specially designed for this purpose, enhanced with our proprietary GeoStreamer technology. This combination ensures we deliver exceptionally high-quality data to our clients while maintaining optimal acquisition efficiency that is at the forefront of industry standards. With this eight-month acquisition period, we are set for utilization well into the third quarter of 2026."
About TGS
TGS is at the cutting edge of providing innovative data solutions and intelligence to companies operating in the energy sector. The firm utilizes leading technology that spans the entire energy value chain, offering a wide array of insights designed to empower clients in making informed decisions.
With a comprehensive suite of products and advanced technologies, coupled with an extensive and diverse energy data library, TGS has positioned itself as a trusted ally in enhancing exploration and production activities for energy resources globally.
If you wish to know more about TGS, you can reach out to:
Bård Stenberg
VP IR & Communication
Mobile: +47 992 45 235
Email: investor@tgs.com
Frequently Asked Questions
What is the main focus of the TGS contract awarded in Indonesia?
The main focus of the contract is the acquisition of 3D seismic data for exploration, followed by 4D seismic data acquisition for production monitoring.
How long will the seismic survey take?
The seismic survey is scheduled to take approximately eight months, beginning in the fourth quarter of 2025.
Who commented on the contract award?
Kristian Johansen, the CEO of TGS, shared insights about the significance of the contract and the technology used for the survey.
What type of vessel will TGS use for this project?
TGS will utilize a Ramform vessel designed specifically for seismic data acquisition, which is equipped with GeoStreamer technology.
How can I contact TGS for more information?
You can contact Bård Stenberg, VP IR & Communication at TGS, via mobile or email for further inquiries.
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