Page 3 - Ocean Bottom Node News Today

OSLO, Norway – TGS, the leading global provider of energy data and intelligence, has been awarded a three-month proprietary Ocean Bottom Node data acquisition contract in the Gulf of Mexico for a...

OSLO, Norway (26 October 2023) – TGS, the leading global provider of energy data and intelligence, has been awarded a three-month proprietary Ocean Bottom...

OSLO, Norway (26 October 2023) - TGS today reported interim financial results for Q3 2023. The quarter reflected a continued improvement in market conditions, with strong growth in both POC revenues (1) and contract inflow. 2023 multi-client investment guidance increased to approximately USD 400 million with a minimum early sales rate of 75%. Financial highlights: POC revenues (1) were USD 293 million compared to USD 119 million in Q3 2022 (+34% pro-forma including Magseis Fairfield ASA).POC EBI

Marine seismic data specialist TGS has secured a a three-month proprietary Ocean Bottom Node (OBN) data acquisition contract…

With the ability to access critical data through OBN technology, clients can optimize their reservoir management, streamline decision-making and enhance their overall operational efficiency.

OSLO, Norway (9 October 2023) - Based on preliminary reporting from operating units, management of TGS ASA ("TGS") expects IFRS revenues for Q3 2023 to be approximately USD 225 million, compared to USD 135 million in Q3 2022. POC revenues* are expected to be approximately USD 293 million, up from USD 119 million in Q3 2022. POC multi-client revenues are estimated at approximately USD 160 million, of which early sales of completed data accounted for approximately 55%. In Q3 2022, POC mu...

It will combine the capabilities of both companies to create a geophysical powerhouse.

The transaction establishes the combined company as a full-service geophysical data company with a strong offering in all segments, including multi-client data, streamer data acquisition, ocean bottom node (‘OBN') data acquisition, imaging and new energy data.

OSLO, Norway (30 August 2023) - TGS, the leading global provider of energy data and intelligence, today reported a pending award for multiple proprietary...

OSLO, Norway (30 August 2023) - TGS, the leading global provider of energy data and intelligence, today reported a pending award for multiple proprietary Ocean Bottom Node (OBN) projects in the Gulf of Mexico (GoM). The projects will be acquired over a 3-year duration. The negotiations and scope will be finalized during Q3 2023, with the initial project targeted to mobilize in late Q1 2024. Kristian Johansen, CEO at TGS, commented: “This progress and endeavour towards confirming a long-te...