TGS Secures Three-Month Proprietary OBN Data Acquisition Contract in the North Sea
20 December 2023 - 5:00PM
TGS Secures Three-Month Proprietary OBN Data Acquisition Contract
in the North Sea
OSLO, Norway (20 December 2023) – TGS, a leading global
provider of energy data and intelligence, has been awarded a
three-month proprietary Ocean Bottom Node (OBN) data acquisition
contract in the North Sea for a repeat customer. The project's
acquisition will begin in Q2 2024.
Kristian Johansen, CEO at TGS, commented: “This project, for a
major energy customer, further highlights the integral role OBN
acquisition has in providing our clients improved seismic data
quality and help them make better reservoir development
decisions.”
TGS remains committed to delivering exceptional value to its
customers through this endeavor, emphasizing the pivotal role that
OBN technology plays in advancing seismic data quality. The
Company's dedication to innovation ensures that clients receive
reliable data and gain unparalleled insights for informed
decision-making.
About TGSTGS provides scientific data and intelligence to
companies active in the energy sector. In addition to a global,
extensive and diverse energy data library, TGS offers specialized
services such as advanced processing and analytics alongside
cloud-based data applications and solutions.
Forward Looking StatementAll 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 LarsenChief Financial
Officerinvestor@tgs.com
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