TGS Awarded Ultra High Resolution 3D Acquisition Contract in Europe
16 Julio 2024 - 12:00AM
UK Regulatory
TGS Awarded Ultra High Resolution 3D Acquisition Contract in Europe
OSLO, Norway (16 July 2024) – TGS, a leading
global provider of energy data and intelligence, is pleased to
announce the award of an Ultra High Resolution 3D (UHR3D)
acquisition contract in Europe, offering substantially more
detailed subsurface data for shallower targets compared to
traditional seismic acquisition methods. This 45-day contract
reinforces and strengthens TGS' position in the offshore wind, data
and characterization market, and underscores its commitment to
delivering high-quality data solutions. The Ramform Vanguard will
mobilize for the survey in Q3. TGS will also handle the imaging and
interpretation of the collected data including UHR3D and Auxiliary
measurements.
Kristian Johansen, CEO of TGS, stated, “Our geophysical approach
to map and understand the shallow subsurface layers with a UHR3D
system is significantly more efficient than conventional site
survey solutions, and energy companies value the shorter lead time
for accessing high-quality data. The offshore wind site
characterization market is growing, and this project demonstrates
the vital role that data and subsurface characterization play in
our clients’ decision-making process for offshore wind projects. We
remain excited about the growth opportunities for New Energy in the
new TGS.”
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.
For more information, visit TGS.com or contact:
Sven Børre Larsen
Chief Financial Officer
investor@tgs.com
TGS ASA (TG:TGC)
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