TGS starts rebranding streamer fleet, gets OBN contract extension in North America

Amid the process of rebranding its offshore streamer fleet, Norwegian seismic company TGS has secured the extension of an existing ocean bottom node (OBN) data acquisition contract in North America.

The four-month extension to the existing contract will build on existing operations, enhancing the client’s seismic data acquisition capabilities to facilitate more informed decision-making.

Kristian Johansen, CEO at TGS, said: “This extension to an existing program demonstrates the dynamic role that TGS plays in providing our clients with superior seismic data and our adaptable service delivery. We are pleased to continue our efforts in North America and look forward to supporting our client’s needs with our advanced acquisition solutions.”

The Norwegian company reported five days ago that it had begun rebranding its offshore streamer fleet, with Ramform Vanguard being the first vessel to display the new logo. The vessel is preparing for a new chapter, which includes re-rigging to service the offshore wind site characterization market, at TGS’ operations base in Norway.

Furthermore, TGS started the PAMA 3D Phase 1 Survey in the Equatorial Margin of Brazil which covers an area of 19,343 square kilometers and more than 25 future exploration blocks within the Pará-Maranhão Basin, said to be one of the world’s largest major unexplored and highly prospective basins.

According to the company, this new 3D seismic dataset will address imaging challenges in the region’s complex geology, providing valuable insights for future exploration efforts.

To remind, TGS and PGS formally completed their merger in July, following the final regulatory approval. TGS noted that the integration would enable it to leverage a wider pool of technological resources and expertise, significantly boosting its operational efficiency, innovation and customer engagement strategies. More information on the vision for the new company will be presented at Capital Markets Day on August 29.