TGS expands Brazil Equatorial Margin survey with PAMA Phase II
TGS has announced PAMA Phase II, an 11,500 square kilometer 3D multi-client survey in Brazil's Equatorial Margin, specifically the Pará-Maranhão Basin. This expansion follows the successful PAMA Phase I, which covered 19,343 square kilometers and identified over 25 future exploration blocks. The second phase includes areas under nomination for upcoming 2026 and 2027 license rounds.
Data acquisition for PAMA Phase II began in early June 2025 using a Ramform Titan-class vessel equipped with TGS GeoStreamer® technology, with completion expected by early March 2026. The project is supported by industry funding, reflecting significant interest in the basin's deepwater petroleum system.
TGS chief executive Kristian Johansen highlighted strong industry interest in Phase I and the strategic importance of expanding data coverage in this exciting exploration frontier. With the ongoing Megabar extension project, TGS will operate two Ramform Titan-class vessels in the Equatorial Margin through the remainder of 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when TGS ASA publishes news
Free account required • Unsubscribe anytime