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TGS Expands Exploration with PAMA Phase II Survey in Brazil

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TGS Expands Exploration with PAMA Phase II Survey in Brazil

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TGS ( (GB:0MSJ) ) just unveiled an update.

TGS has announced the launch of PAMA Phase II, a 3D multi-client survey in the Equatorial Margin offshore Brazil, expanding their data coverage by approximately 11,500 square kilometers. This initiative is supported by industry funding and aims to enhance exploration activities in the Pará-Maranhao Basin, a region of significant interest due to its potential petroleum systems and neighboring discoveries. The project, utilizing advanced GeoStreamer technology, is expected to complete by March 2026, reinforcing TGS’s position in the energy data industry and offering substantial value to clients.

The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK55.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.

More about TGS

TGS is a global leader in providing advanced data and intelligence to companies in the energy sector. The company offers a comprehensive range of insights and solutions across the entire energy value chain, supported by a vast and diverse energy data library. TGS is known for its cutting-edge technology and trusted partnerships in exploration and production of energy resources worldwide.

Average Trading Volume: 353,838

Current Market Cap: NOK14.1B

For detailed information about 0MSJ stock, go to TipRanks’ Stock Analysis page.

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