TGS Announces Extension to Multi-Year Ocean Bottom Node Contract

20 Apr 2026 07:00 CEST

OSLO, Norway (20 April 2026) - TGS, a leading global provider of energy data and
intelligence, today announces that the ongoing multi-year proprietary Ocean
Bottom Node (OBN) acquisition contract in the Gulf of America has been extended
for an additional 3-year duration.

Kristian Johansen, CEO at TGS, commented, "This continuation of a long-term
commitment from a major producer in the Gulf of America and strategic customer
reflects our unwavering commitment to innovation and excellence and highlights
our ability to adapt to evolving industry priorities. Through our continued
service quality and commitment to operating safely and sustainably, we will
continue to support the industry to maximise the potential of existing
developments."

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.

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