Oslo, Norway (3 October 2024) – TGS, a leading global provider of energy data and intelligence, is pleased to announce the successful completion of the PGS24M04NWS project in the Outer Vøring area of the Norwegian Sea, carried out by the crew aboard the Ramform Hyperion. This project extended the 2023 acquisition program in the area.

Despite periods of rough weather, the Hyperion impressively covered more than 1,500 square kilometers of prime production in just one month. After safely and successfully recovering all gear, the vessel made its first port call in Lerwick as part of its demobilization plan.

David Hajovsky, Executive Vice President of Multi-Client, praised the TGS effort. “This accomplishment is a testament to the exceptional teamwork between the crew, operations, navigation, imaging, business development and sales teams. Their collaboration during this busy period for TGS highlights the dedication and coordination that contributed to this fantastic achievement,” Hajovsky said.

After the effective completion of the PGS24M01NWS project in collaboration with the Ramform Tethys, there was a one-month window before the Hyperion was scheduled to demobilize and enter dry dock. However, thanks to the TGS team’s close coordination with the project’s prefunders, all necessary approvals were swiftly secured, allowing the Hyperion to transition directly to the PGS24M04NWS project area without delay.

TGS continues to enhance its seismic data coverage across the Norwegian Sea with its Geostreamer technology, providing high-end exploration data to resolve the imaging challenges present in the area and enhance infrastructure-led exploration to reveal remaining hydrocarbon potential.

This project was supported by industry pre-funding.

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Location map showing the PGS24M04NWS survey, Outer Voring, Norwegian Sea.

About TGS

TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).

For media inquiries, contact:

Bård Stenberg
IR & Business Intelligence
investor@tgs.com