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TGS Secures Major Seismic Survey Contract in Indonesia

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TGS Secures Major Seismic Survey Contract in Indonesia

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TGS ( (GB:0MSJ) ) has provided an update.

TGS has secured a significant streamer contract for a seismic survey offshore Indonesia, covering 10,000 square kilometers. The project, set to begin in Q4 2025 and last approximately eight months, involves 3D seismic data acquisition for exploration and 4D data for production monitoring. This contract ensures TGS’s operational utilization into Q3 2026, highlighting its industry-leading acquisition efficiency and technological capabilities.

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 prominent provider of advanced data and intelligence services in the energy sector. The company offers cutting-edge technology and solutions across the entire energy value chain, providing clients with comprehensive insights to make informed decisions. TGS is recognized for its extensive global energy data library and advanced data technologies, making it a trusted partner in energy exploration and production worldwide.

YTD Price Performance: -27.65%

Average Trading Volume: 385,636

Current Market Cap: NOK15.21B

Learn more about 0MSJ stock on TipRanks’ Stock Analysis page.

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