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TGS Awarded Reservoir Monitoring and Source Contract Offshore Norway
Globenewswireยท 2025-11-18 06:00
Core Insights - TGS has secured a five-year extension of contracts for Permanent Reservoir Monitoring (PRM) and 4D Ocean Bottom Node (OBN) surveys with a major international energy company, lasting until 2030 with options for an additional five years [1][2] Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced technology and solutions across the entire energy value chain, which supports exploration and production of energy resources globally [3] CEO Commentary - The CEO of TGS expressed satisfaction with the contract renewal, highlighting that it ensures continuity in PRM and source business, and emphasizes the high quality and cost-effectiveness of their seismic services [2]