OSLO, Norway (6 May 2024) - TGS, a leading global provider of energy data and
intelligence, is pleased to announce the award of an Ocean Bottom Node (OBN)
data acquisition contract in North America. This six-month-plus contract,
granted by a returning client, reinforces TGS' position in the market and
underscores its commitment to delivering high-quality seismic data solutions.
The project is expected to enhance the client's seismic data acquisition
capabilities, facilitating more informed decision making.
Kristian Johansen, CEO of TGS, commented: "This initiative demonstrates the
vital role that OBN acquisition plays in providing our clients with superior
seismic data. We are pleased to continue our efforts in North America and look
forward to supporting our client's needs with our advanced data solutions."
About TGS
TGS 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 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 (http://www.tgs.com) or contact:
Sven Børre Larsen
Chief Financial Officer
investor@tgs.com (mailto:investor@tgs.com)
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