TGS has been awarded a four-year extension to a proprietary reservoir monitoring and source acquisition contract in Norway, with a further option to extend by another two years.
Kristian Johansen, CEO at TGS, commented:
“This project highlights the value and performance we have delivered over the years, which has now triggered this long-term extension. Long-term contracts like this turn our relationships with our clients into a partnership, where we work together collaboratively to acquire data for better reservoir development and management decisions.”
TGS' reservoir monitoring and source acquisition services are renowned for their comprehensive approach, utilizing cutting-edge technology to gather critical data on subsurface reservoirs. By delivering real-time information on reservoir behavior, TGS empowers energy stakeholders to make informed decisions, optimize resource utilization and promote sustainable energy practices.
KeyFactsEnergy Industry Directory: TGS