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An announcement from TGS ( (GB:0MSJ) ) is now available.
TGS has launched the Nigeria Laide multi-client 3D seismic survey in partnership with the Nigerian Upstream Petroleum Regulatory Commission and SeaSeis Geophysical, targeting about 11,700 square kilometers in the Outer Fold & Thrust Belt of the eastern Niger Delta. Using GeoStreamer dual-sensor technology and advanced velocity model building, the project aims to deliver high-fidelity broadband data to tackle complex deepwater geology and give operators greater confidence in prospect evaluation.
The expansion of TGS’s multi-client library in Nigeria underscores the country’s ongoing importance in global oil and gas supply and reinforces TGS’s positioning as a key data provider in a prolific hydrocarbon basin. Backed by industry funding and government partnership, the survey is expected to accelerate exploration activity in the region and support operators in pursuing new hydrocarbon opportunities with improved subsurface imaging.
The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK60.00 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 provider of advanced data and intelligence for the energy sector, offering technology and solutions that span the entire energy value chain. The company maintains an extensive, diversified energy data library and delivers seismic and related insights that help clients optimize exploration and production decisions worldwide.
Average Trading Volume: 366,821
Current Market Cap: NOK22.16B
Learn more about 0MSJ stock on TipRanks’ Stock Analysis page.