TGS wins four-year extension to Norwegian reservoir monitoring, source acquisition contract

(WO) – TGS has been awarded a four-year extension to a proprietary reservoir monitoring and source acquisition contract in Norway, with a further option to extend by another two years.

Kristian Johansen, CEO at TGS, commented, “This project highlights the value and performance we have delivered over the years, which has now triggered this long-term extension. Long-term contracts like this turn our relationships with our clients into a partnership, where we work together collaboratively to acquire data for better reservoir development and management decisions.”

TGS' reservoir monitoring and source acquisition services are renowned for their comprehensive approach, utilizing cutting-edge technology to gather critical data on subsurface reservoirs. By delivering real-time information on reservoir behavior, TGS empowers energy stakeholders to make informed decisions, optimize resource utilization and promote sustainable energy practices.