FilingReader Intelligence

TGS wins new OBN 4D contract in Gulf of America

October 20, 2025 at 05:09 AM UTCBy FilingReader AI

TGS, a leading provider of energy data and intelligence, has been awarded an OBN acquisition contract in the Gulf of America. This 4D monitor survey is slated to commence in Q4 2025 and is expected to have an acquisition duration of approximately 4.5 months. Notably, this contract was not part of the booked position disclosed in TGS' Q2 2025 presentation.

Kristian Johansen, chief executive of TGS, highlighted the significance of the Gulf of America as a core market for their OBN business. He expressed satisfaction in securing this contract with a repeat international oil company customer, who values TGS' OBN technology and proven execution track record. The client anticipates high-quality data and insights to optimize production from one of their highest-producing facilities in the region.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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