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TGS Launches Phase II of PAMA Multi-Client Survey in Brazil’s Equatorial Margin
HOUSTON - TGS today announced the commencement of Phase II of its Pará-Maranhão Basin Assessment (PAMA) multi-client survey, expanding data coverage offshore Brazil. Leveraging advanced acquisition capabilities and imaging expertise, the survey aims to provide substantial value for clients’ exploration activities in the Pará-Maranhão Basin.
The PAMA Phase II project coincides with the ongoing Megabar extension multi-client project in the Barreirinhas Basin, resulting in two Ramform Titan-class vessels operating in the Equatorial Margin through the remainder of 2025.
TGS provides advanced data and intelligence to the energy sector, offering a complete range of insights to support exploration and production decisions worldwide.
For further information,visit TGS.com or contact:
Bård Stenberg
VP IR & Buisness Intelligence
Mobile: +47 992 45 235
investor@tgs.com
About TGS
TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain,TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide.
Forward Looking Statement
All statements in this press release othre then statements of past fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict and are based upon assumptions as to future events that may not prove accurate. These factors include volatile market conditions, investment opportunities in new and existing markets, demand for licensing of data within the energy industry, operational challenges, and reliance on a cyclical industry and principal customers. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
