TGS Awarded 4D Streamer Contract Offshore Australia
OSLO, Norway (10 August 2026) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a 4D streamer acquisition contract offshore Australia. The Ramform Sovereign is scheduled to mobilize in December, with the survey expected to have a duration of close to 50 days.
Kristian Johansen, CEO of TGS, commented: "We are very pleased to secure this contract award, which provides visibility into the first quarter of 2027. The award from a repeat client demonstrates continued confidence in our differentiated acquisition capabilities, including our Ramform acquisition platform and GeoStreamer technology. The combination of advanced acquisition solutions and consistent data delivery helps our client optimize field performance and enhance reservoir recovery over time."
For more information, visit TGS.com or contact:
Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com
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.
