OB:TGSEnergy Services
TGS OBN Contract Extension Raises Questions On Valuation And Profitability
TGS has secured a significant 3 year extension to its proprietary Ocean Bottom Node acquisition contract in the Gulf of America.
The renewed deal continues a long running multi year engagement with major clients in the region.
The contract extension is expected to support TGS's subsurface data activities in a key offshore basin.
TGS (OB:TGS) is extending its presence in the Gulf of America with this new 3 year term, reinforcing its role in ocean bottom node acquisition for large clients...