TGS signs three-year strategic agreement with Chevron for offshore seismic acquisition

Norwegian provider TGS will mobilise its marine seismic resources for at least 18 months for Chevron under a three-year capacity agreement covering exploration and development projects.

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TGS has announced the signing of a three-year capacity agreement with energy company Chevron, covering marine seismic acquisition services using both towed streamer systems and Ocean Bottom Nodes (OBN). The agreement includes a minimum firm commitment of 18 months for these services, with projects spanning Chevron’s exploration and development phases.

A strengthened partnership in seismic data acquisition

The partnership will cover all marine operations, including survey design, acquisition technologies, data collection and integration. It will also incorporate the previously announced St Malo 4D OBN reservoir monitoring contract in the Gulf of Mexico, which will mark the first operational step of the new agreement. The aim is to combine the expertise of both companies to enhance subsurface imaging in deep offshore environments.

Complementary technologies supporting exploration

TGS will provide technical capabilities through its teams specialised in streamer surveys and OBN systems. The deployment of these tools in frontier or geologically complex areas aims to meet Chevron’s growing needs for reservoir knowledge and mature field monitoring. The Norwegian company also noted the potential for joint development of new technologies for geophysical data processing and analysis.

Increased visibility on resources and timeline

The contractual framework ensures sustained use of TGS equipment while offering Chevron better planning for its seismic campaigns. The firm 18-month duration will allow efficient resource allocation across multiple unspecified regions. The agreement is also designed to evolve based on operational needs and joint technical innovations.

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