TGS TGS-NOPEC Geophysical Company ASA

TGS Launches New Multi-Client Ultra Long Offset OBN Project in the Gulf of America

TGS Launches New Multi-Client Ultra Long Offset OBN Project in the Gulf of America

OSLO, Norway (1 April 2025) – TGS, a leading global provider of energy data and intelligence, announces the commencement of a new Multi-Client Ultra Long Offset Ocean Bottom Node (OBN) data acquisition campaign in the Gulf of America. The Amendment 4 project will expand node coverage in TGS' Multi-Client library, adding over 1,100 square kilometers in the Mississippi Canyon, Ewing Banks, and Grand Isle South areas.

Amendment 4 will feature TGS' , offering lower frequency and improved signal-to-noise for ultra-long offset OBN seismic compared to conventional seismic sources. This advanced frequency source will enhance input data for TGS' elastic full waveform inversion (eFWI) algorithm, resulting in more accurate subsurface imaging of the complex subsalt geology in the region. The acquisition phase of this program is scheduled for completion in Q2 2025, with final deliverables available in Q2 2026.

Kristian Johansen, CEO of TGS, commented: "This ongoing acquisition campaign underscores the critical role of OBN acquisition in providing our clients with superior seismic data. We are pleased to continue our efforts in the Gulf of America and look forward to supporting our clients' needs with our advanced data acquisition and imaging solutions."

The project, supported by industry funding, is anticipated to deliver industry-leading subsurface imaging, enabling oil and gas operators to make more informed decisions and mitigate drilling risks.

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.

For more information, visit or contact:

Bard Stenberg

VP, IR & Business Intelligence

Mobile



EN
01/04/2025

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

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

TGS Announces Multi-client 3D Survey Offshore Nigeria

TGS Announces Multi-client 3D Survey Offshore Nigeria OSLO, Norway (27 February 2026) – TGS, a leading provider of energy data and intelligence, announces the Nigeria Laide multi-client 3D survey, acquired in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and SeaSeis Geophysical Limited. The survey lies within the Outer Fold & Thrust Belt of the eastern Niger Delta, one of Nigeria’s most prolific hydrocarbon regions and covers approximately 11,700 square kilometers. The Laide multi-client 3D survey design is based on the GeoStreamer dual-sensor system, long...

ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
 PRESS RELEASE

TGS - Ex dividend of NOK 1.47 per share today

TGS - Ex dividend of NOK 1.47 per share today OSLO, NORWAY (19 February 2026) – The shares in TGS ASA will be traded ex dividend NOK 1.47 (USD 0.155) as from today, 19 February 2026.

Felix Fischer ... (+7)
  • Felix Fischer
  • Haidje Rustau
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora
  • Trung Nguyen

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Verisure, TGS ASA, Ontex, Odido, Bombardier, Allwyn (formerly Sazka), Mehilainen, Softbank Group, Ineos, Iceland Foods, Ineos Quattro

ResearchPool Subscriptions

Get the most out of your insights

Get in touch