TGS expanding 3D coverage in Goliat area offshore Norway
TGS has attracted industry funding for a new multi-client 3D streamer acquisition and processing project in the Goliat area of the Barents Sea.
The GeoStreamer survey will cover an area of up to 1,600 sq km over discoveries made in recent years by Goliat operator Vår Energi, such as Countach, Elgol and Lupa. It will also expand TGS’ data coverage in this part of the Hammerfest basin.
Shooting for the Hammerfest basin 3D project is set to start in early August.
TGS’ multi-client survey investments totaled more than $100 million during fourth-quarter 2024, the company said in a results update.
Its largest ongoing multi-client projects were Pama offshore Brazil, Malvinas Phase 3 offshore Argentina, an unnamed project offshore Angola and a joint venture ocean-bottom node (OBN) project in the US Gulf of Mexico.
The company deployed two large OBN crews in the region and another offshore West Africa.
TGS’ New Energy Solutions business completed a one-month offshore wind site characterization acquisition project during the period and is currently operating one LiDAR buoy offshore Germany and another offshore California.
For 2025, TGS anticipates multi-client survey investment of about $425 million to $475 million, of which 70% should be acquired using the company’s own assets.
TGS in the news:
About the Author
Jeremy Beckman
Editor, Europe
Jeremy Beckman has been Editor Europe, Offshore since 1992. Prior to joining Offshore he was a freelance journalist for eight years, working for a variety of electronics, computing and scientific journals in the UK. He regularly writes news columns on trends and events both in the NW Europe offshore region and globally. He also writes features on developments and technology in exploration and production.