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TGS Announces Multi Client 2D Survey Offshore Angola
11 Feb 2026 07:00 CET
Issuer
TGS ASA
OSLO, Norway (11 February 2026) - TGS, a global leader in energy data and
intelligence, is pleased to announce the Ultra Profundo multi-client 2D survey
offshore Angola. The survey covers approximately 12,600 line kilometers and
Ramform Victory commenced operations earlier in Q1. Data acquisition is
estimated to be completed in approximately 100 days, with fast-track products
available in Q3. Full data processing is scheduled for completion in Q2 2027.
The Ultra Profundo multi-client 2D survey marks the first 2D multi-client
acquisition over Angola's ultra deepwater areas since 2015 and targets a highly
underexplored region. The survey delivers modern, long-offset seismic data
critical for imaging complex pre-salt and top-salt structures as well as basin
floor channel systems, significantly enhancing regional geological
understanding.
Kristian Johansen, CEO of TGS, commented: "Angola's ultra deepwater margin
represents one of the most exciting frontier exploration opportunities in West
Africa. Our Ultra Profundo multi-client 2D program delivers high-quality seismic
coverage needed to unlock pre-salt and sub-salt potential. By leveraging TGS'
acquisition and imaging capabilities, we will provide high-quality data
supporting future exploration activities."
For more information, visit TGS.com or contact:
Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
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
Source
TGS ASA
Provider
Oslo Børs Newspoint
Company Name
TGS ASA
ISIN
NO0003078800
Symbol
TGS
Market
Euronext Oslo Børs