FilingReader Intelligence

TGS secures first OBN contract for 2026 European season

December 1, 2025 at 02:01 PM UTCBy FilingReader AI

TGS, a prominent provider of energy data and intelligence, announced on December 1, 2025, that it has been awarded an Ocean Bottom Node (OBN) contract in Europe. The company's node-on-a-rope crew is scheduled to commence mobilization in early May 2026, with the contract expected to last approximately 60 days. This award represents TGS's inaugural OBN contract for the 2026 season in the European market.

Kristian Johansen, chief executive of TGS, expressed satisfaction with securing this contract from a repeat customer, highlighting the strength of TGS's OBN technology and proven execution track record. The chief executive noted that the European market currently features multiple tenders for OBN projects planned for 2026, and TGS aims to build a robust acquisition campaign in the region. The contract underscores TGS's capability to deliver high-quality data and critical insights for optimizing production.

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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