Fugro announces a commercial agreement with TGS to licence and market its 2D multi client marine streamer seismic data library. As a result of this agreement Fugro provides TGS with an exclusive right to sell the majority of Fugro’s 2D multi client library on a commission basis. Fugro will retain ownership of the 2D multi client library marketed by TGS.
The agreement is effective immediately.
This agreement complements the existing agreement with CGG for the marketing and sales of Fugro’s 3D multi client marine streamer seismic data library.