Energy data provider TGS announced the award of its first 3D streamer contract for the 2025 Northwest Europe summer season on Nov. 11.
The client will be using TGS’ GeoStreamer technology and Ramform acquisition platform.
The contract award underscores an increase in global demand, TGS CEO Kristian Johansen said in the press release. And, TGS has experienced higher bidding activity in the area compared to recent years, Johansen said.
“We are experiencing higher bidding activity for this region compared to recent years, and while most of our streamer acquisition programs in Northwest Europe were multi-client in 2024, this trend will likely be reversed in 2025 with an overweight of contract work,” Johansen said. “The planned activity increase in the Northwest Europe region mirrors the global demand increase we experience for our services scheduled for first-half 2025.”
The acquisition will begin in May 2025 with a total duration of approximately 35 days.
Recommended Reading
Uinta Railroad Up for Review as Supreme Court Term Begins
2024-10-03 - Court analysts say a decision on the proposed Uinta Basin railway, coming next year, could have a major impact on the energy industry.
Enterprise Opens Fuel Storage, Distribution Terminal in Utah
2024-10-29 - Enterprise Products Partners’ newly converted Texas Western Products system relies on old NGL pipeline networks.
Segrist: An Underground Battle Over Pipeline Safety Rules
2024-11-05 - A 13-year process comes between the federal government and the midstream industry grinds to a finish, at least for now.
Federal Regulators Give Venture Global Permission to Introduce Natural Gas Into LNG Plant
2024-11-06 - Federal regulators have given Venture Global LNG permission to introduce natural gas into its Plaquemines export plant in Louisiana.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.