TGS Secures Large Eight-Month Seismic Survey Contract Offshore Indonesia

TGS, an energy data and intelligence provider, has secured a significant streamer contract for a seismic survey offshore Indonesia covering approximately 10,000 square kilometers. The project is scheduled to commence in the fourth quarter of 2025 and will last about eight months, focusing primarily on acquiring 3D seismic data for exploration, with the final month dedicated to 4D seismic data for production monitoring. The survey will be conducted using a purpose-built Ramform-designed vessel equipped with TGS's proprietary GeoStreamer technology, ensuring high-quality data and industry-leading acquisition efficiency. This contract guarantees operational utilization for TGS well into the third quarter of 2026. The award highlights TGS's advanced technological capabilities and its role as a trusted partner in global energy exploration and production. Following the announcement, TGS's stock saw a positive market reaction, reflecting investor confidence in the company's prospects.