TGS clinches 4D streamer project in the Mediterranean

Oslo-listed seismic data specialist TGS has been awarded a 4D streamer contract in the East Mediterranean.

The company said in an Oslo Bors filing that the acquisition was scheduled to begin in the second quarter of this year. The deal has a duration of approximately 90 days.

Kristian Johansen, CEO of TGS, stated that the company would use its Ramform acquisition platform as well as its proprietary GeoStreamer technology during the acquisition.

In recent company news, TGS won a shallow water OBN acquisition contract offshore Trinidad in early April. The 3D baseline contract is scheduled to commence early in the third quarter 2025. The total duration of the survey is approximately 80 days.