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TGS ( (GB:0MSJ) ) has provided an update.
TGS has announced the Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil. This project, supported by industry funding, will cover approximately 14,800 square kilometers and aims to enhance seismic coverage and understanding of the basin’s geological structures. The survey is expected to attract significant interest due to the basin’s geological similarities to West Africa’s proven hydrocarbon systems, potentially impacting future exploration activities and TGS’s industry positioning.
The most recent analyst rating on (GB:0MSJ) stock is a Buy with a NOK135.00 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 solutions to the energy sector. The company offers a comprehensive range of insights and technologies that support exploration and production activities worldwide, making it a trusted partner in the energy industry.
YTD Price Performance: -11.18%
Average Trading Volume: 406,762
Current Market Cap: NOK18.37B
Learn more about 0MSJ stock on TipRanks’ Stock Analysis page.