09 Jun 2026 07:00 CEST

Issuer

TGS ASA

OSLO, Norway (9 June 2026) - TGS, a leading provider of energy data and
intelligence, is pleased to announce the award of an offshore wind site
characterization contract in Europe. The Ramform Vanguard is scheduled to
commence data acquisition in early August, and the contract has a duration of
approximately three weeks.

Kristian Johansen, CEO of TGS, commented, "We are pleased to secure more
offshore wind site characterization work for the 2026 Europe season. With
further tenders currently in the market, we are actively pursuing opportunities
to extend this year's acquisition campaign into the fourth quarter. Our Ultra
High Resolution 3D streamer technology samples the seismic wavefield at high
spatial and temporal resolution, delivering detailed imaging of shallow
subsurface targets critical for offshore wind farm development. The technology
has a strong and proven track record within the offshore wind site
characterization market."

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

Bård Stenberg
VP IR & Business Intelligence
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.


Source

TGS ASA

Provider

Oslo Børs Newspoint

Company Name

TGS ASA

ISIN

NO0003078800

Symbol

TGS

Market

Euronext Oslo Børs