TGS ASA has secured a large streamer contract offshore Indonesia, covering 10,000 square kilometers. The project is set to start in Q4 of 2025 and will run for about eight months. Most of the survey will focus on acquiring 3D seismic data for exploration purposes, with a final phase dedicated to 4D seismic data acquisition for production monitoring. TGS closed trading 2.04% higher at NOK 77.55 on the Oslo Stock Exchange last Friday.

Read more at Nasdaq: TGS Wins Large Offshore Indonesia Seismic Contract