TGS Awarded Large 3D Streamer Contract in Southern Atlantic

06 Dec 2024 07:26 CET

OSLO, Norway (6 December 2024) - TGS, a leading provider of energy data and
intelligence, is pleased to announce award of a large 3D streamer contract in
the Southern Atlantic. Acquisition is scheduled to commence in Q4 this year and
the contract has a duration of approximately 140 days.

Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this
large 3D streamer contract by leveraging our integrated business model. The
comprehensive seismic survey is designed for enhanced subsurface imaging in a
challenging geological environment. Our Ramform acquisition platform, coupled
with our proprietary GeoStreamer and Gemini source technology will secure
delivery of high-quality seismic 3D data."

For more information, visit TGS.com (http://www.tgs.com/) or contact:

Bård Stenberg
VP IR & Communication
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

Forward Looking Statement
All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict and are based upon
assumptions as to future events that may not prove accurate. These factors
include volatile market conditions, investment opportunities in new and existing
markets, demand for licensing of data within the energy industry, operational
challenges, and reliance on a cyclical industry and principal customers. Actual
results may differ materially from those expected or projected in the forward-
looking statements. TGS undertakes no responsibility or obligation to update or
alter forward-looking statements for any reason.

More information:
Access the news on Oslo Bors NewsWeb site