TGS gains rights to license geophysical data for Comoros offshore basins
Yahoo Finance·2025-11-28 09:38

Core Insights - TGS has secured rights to market and license geophysical data from the offshore basins of the Comoros, enhancing its regional data library for energy companies [1][3] - The ComorosSPAN survey is located near the Rovuma Basin, providing critical data for mapping tectonic elements and supporting reservoir sand mapping [2] - TGS will provide exclusive access to over 10,000 line-km of modern SPAN 2D seismic data, which is essential for companies evaluating investment prospects in offshore exploration [3] Industry Developments - TGS is deepening its partnership with the Union of the Comoros and the Bureau Géologique des Comores, which will aid explorers in evaluating the region confidently [4] - The company has also extended its agreement with Somalia's Ministry of Petroleum and Mineral Resources to market and license geophysical data from Somalia's offshore basins [4] - TGS is actively expanding its portfolio with new projects, including a multi-client 2D-cubed seismic project in the offshore Andaman region of India and a 3D seismic survey in Utah's Uinta Basin [5]

TGS gains rights to license geophysical data for Comoros offshore basins - Reportify