OB:TGSEnergy Services
How New Brazil and Europe Seismic Contracts At TGS (OB:TGS) Has Changed Its Investment Story
TGS recently announced it had secured two offshore seismic survey contracts: a streamer 4D project in Brazil’s Campos basin and an ocean-bottom node survey in Europe, with vessel mobilizations scheduled for mid-2026 and expected durations of roughly 75 and 60 days, respectively.
These awards enhance TGS’s future activity pipeline by combining traditional streamer work with higher-complexity OBN acquisition, potentially supporting backlog quality and utilization into 2026.
We’ll now explore...