ASKER, NORWAY (28 October 2016) - TGS announces the expansion of its NWAAM multi-client library in the MSGBC Basin with plans to acquire more than 11,500 km of long-offset broadband 2D seismic data as well as magnetic and gravity data, in the Republic of Guinea, Guinea Bissau and the AGC joint exploration zone between Guinea Bissau and Senegal. This investment is being undertaken together with PGS and in cooperation with GeoPartners. Acquisition of this first phase of the NWAAM expansion will commence in November 2016.

The NWAAM2017 seismic survey has been designed to infill, extend and complement the TGS NWAAM2012 2D survey which helped with recent commercial discoveries in the MSGBC basin. A 12 km deep-tow streamer will enable the recording of high quality broadband 2D seismic data, which will image the pre-rift, syn-rift and post-rift plays evident in this basin.

"This new seismic acquisition confirms TGS commitment to the leading frontier basin in Africa, where TGS already has over 28,000 km of 2D data and over 18,000 km2 of 3D data," commented Kristian Johansen, CEO for TGS.

This TGS survey is being undertaken with the seismic vessel, BGP Dong Fang Kan Tan 1.

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