TGS, a leading provider of energy data and intelligence, is pleased to announce award of a significant 3D streamer contract for ONGC in the Mahanadi basin on the East Coast of India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximately six months.

India is a hotspot for streamer seismic and ocean bottom node work and the contract award strengthens TGS’ position in the area, underscoring the company’s ongoing commitment to providing the highest quality data solutions to clients.

Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this contract with ONGC, which provides visibility for the Ramform Sovereign for the first half 2025. We look forward to supporting them with high-quality seismic data using our Ramform acquisition platform and GeoStreamer technology. The contract represents another key milestone in our ongoing efforts to lead the way in acquiring and delivering high-quality data globally."

About TGS

TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide.

About ONGC

ONGC stands as a prominent global player in the energy industry, with a growing international presence. Dedicated to advancing sustainable energy initiatives, ONGC has set Net Zero Scope-1 and Scope-2 Emissions goals by 2038, exemplifying its commitment to environmental stewardship. Committed to sustainable energy solutions, ONGC plays a pivotal role in meeting India's growing energy demands while upholding the highest standards of corporate governance and environmental responsibility. The company's global footprint strengthens its portfolio and establishes it as a significant player in the worldwide energy landscape. ONGC's commitment extends beyond operational excellence, including a dedication to environmental sustainability, responsible business practices, and a strong emphasis on corporate governance, setting industry benchmarks and fostering trust among stakeholders.