OSLO, Norway (17 December 2024) TGS, a global leader in energy data and intelligence, is proud to announce that it has been selected as the recipient of ExxonMobil’s 2024 Supplier Innovation Award. This prestigious honor recognizes TGS for its groundbreaking Gemini Enhanced Frequency Source technology, which offers a breakthrough in seismic data acquisition by providing unparalleled low-frequency bandwidth and enhanced operational efficiency, ensuring high confidence in subsurface imaging.
“Over the past year, TGS has demonstrated superior performance in technological leadership and effectively met our business needs with high standards,” said Rebecca Vest, ExxonMobil Vice President of Procurement. “Your company has continued to demonstrate a strong commitment towards delivering valuable outcomes through innovation and collaboration.”
Rob Adams, EVP Operations at TGS, stated, “We are honored to receive ExxonMobil’s Supplier Innovation Award, a recognition that highlights the transformative potential of our Gemini Enhanced Frequency Source technology. This award reflects our dedication to providing differentiated value to our customers while prioritizing innovation, sustainability and operational excellence. At TGS, we remain committed to delivering innovative solutions that enable our customers to achieve their goals in a competitive and rapidly evolving industry.”
The Gemini Enhanced Frequency Source technology is designed as a single-element, omnidirectional source optimized for imaging frequencies, offering simplicity of operation that reduces Health, Safety, and Environmental (HSE) exposure for crews and enables more efficient operations. Unlike traditional array sources, Gemini’s streamlined design eliminates the complexity and variability caused by angle or azimuth, resulting in more accurate Amplitude Versus Offset/Amplitude Versus Angle (AVO/AVA) analyses and faster convergence in Full Waveform Inversion (FWI) algorithms. For more information about TGS and its award-winning solutions, visit www.tgs.com.
Kristian Johansen, CEO at TGS, receiving ExxonMobil’s 2024 Supplier Innovation Award.
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.
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Bård Stenberg
IR & Business Intelligence
investor@tgs.com