TGS TGS-NOPEC Geophysical Company ASA

TGS Announces Pelotas Norte Phase I Multi-client Survey Offshore Brazil

TGS Announces Pelotas Norte Phase I Multi-client Survey Offshore Brazil

OSLO, Norway (17 November 2025) – TGS, a global leader in energy data and intelligence, is pleased to announce Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil. Phase I will encompass approximately 14,800 square kilometers across 21 exploration blocks, the majority of which lie in un-held acreage expected to be included in upcoming bid rounds.  

A Ramform Titan-class vessel is scheduled to mobilize for the survey later in Q4, with project duration running into Q3 2026. The vessel is utilizing TGS GeoStreamer® technology, delivering high-resolution 3D seismic data delivery. The project is supported by industry funding.

The Pelotas Basin features early basin carbonates and passive margin clastic sequences, including three organic-rich intervals of Albian, Turonian and Paleocene ages. The basin attracts significant industry interest driven by its geological similarities to the conjugate margin and the proven hydrocarbon systems of West Africa.

Kristian Johansen, CEO of TGS, commented: “Exploration activity in the Pelotas Norte Basin is accelerating, with several major oil companies increasing their presence and commitment to the area. The Pelotas Norte Phase I multi-client survey significantly expands our seismic coverage. By leveraging our advanced acquisition capabilities and imaging expertise this survey will help our clients to better understand the basin’s geological structures and derisk future exploration activities. Following the announcement of two large multi-client surveys in the Equatorial Margin earlier in Q3, the addition of Pelotas Norte Phase I brings the number of Ramform Titan-class vessels working offshore Brazil to three for the remainder of this year and well into next.”

For more information, visit TGS.com or contact:

Bård Stenberg

VP IR & Business Intelligence

Mobile:

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 (/).

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.



EN
17/11/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TGS-NOPEC Geophysical Company ASA

 PRESS RELEASE

TGS Announces AWS as its Preferred Cloud Provider

TGS Announces AWS as its Preferred Cloud Provider OSLO, Norway (30 March 2026) – TGS, a leading provider of energy data and intelligence, today announced a multi-year strategic agreement with Amazon Web Services (AWS). TGS has selected AWS as its preferred cloud provider, leveraging AWS high-performance computing (HPC) and Generative Artificial Intelligence (AI) to build solutions that will transform how the energy industry explores and extracts resources. This collaboration is designed to create a foundational shift in geoscience, dramatically accelerating time-to-insight and reducing expl...

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Herman Caspersen
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Herman Caspersen
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad
 PRESS RELEASE

TGS 2025 Annual Report

TGS 2025 Annual Report OSLO, Norway (20 March 2026) - TGS, a leading global provider of energy data and intelligence, published its 2025 Annual Report today. In addition, TGS has published its 2025 Management Remuneration Report (MRR) according to the Norwegian Public Limited Liability Companies Act, section 6-16b (2). Both reports are available on the TGS website (). The Annual Report has also been published in European Single Electronic Format (ESEF) and can be downloaded from the TGS website () or Newsweb (). For more information, visit or contact:Bård Stenberg, VP IR & Business Inte...

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Herman Caspersen
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Stian Wibstad

ResearchPool Subscriptions

Get the most out of your insights

Get in touch