tiprankstipranks
Advertisement
Advertisement

TGS Wins Third European Offshore Wind Site Characterization Contract

Story Highlights
  • TGS has won a new European offshore wind site characterization contract, starting in July.
  • This third summer-season award strengthens TGS’s offshore wind position, with potential extension into Q4.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Claim 55% Off TipRanks

TGS ( (GB:0MSJ) ) has issued an announcement.

TGS has secured an offshore wind site characterization contract in Europe, with the Ramform Vanguard vessel scheduled to begin data acquisition in the second half of July for a duration of about 1.5 months. The award marks the company’s third offshore wind site characterization project for the European summer season, reinforcing the growing role of its Ultra High Resolution 3D streamer solution in the offshore wind market and highlighting potential for campaign extension into the fourth quarter as more tenders emerge.

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 leading provider of advanced data and intelligence to companies in the energy sector, offering technology and solutions that span the entire energy value chain. The company delivers a broad range of products and maintains a global, extensive and diverse energy data library, supporting clients in exploration and production decisions for energy resources worldwide.

Average Trading Volume: 440,933

Current Market Cap: NOK24.16B

For a thorough assessment of 0MSJ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1