This article was first published on upstreamonline.com, February 20, 2025
Company reiterates long-term bullish outlook of strong, although flat, demand for its services from oil and gas sector in 2025
Revenues of Norway’s seismic giant TGS were supported by strong performance in its two key segments as the company sees strong fundamentals for business throughout the coming year, it said in its latest financial update.
TGS runs a multi-client business unit that operates a data library and develops and invests into new surveys for clients, and a contract business unit that conducts streamer and ocean bottom nodes seismic data acquisition services.