TGS ASA has acquired three 3D multi-client seismic surveys from Polarcus Plc to enhance its energy data offerings and strengthen its competitive position in the market.
Information on the Target
TGS ASA, headquartered in Oslo, Norway, is a prominent global provider of energy data and intelligence. The company specializes in delivering comprehensive geoscience data to oil and gas exploration and production companies, aiding them in making informed decisions. TGS has established itself as a key player in the energy sector by utilizing advanced technologies and data analytics.
Recently, TGS announced the acquisition of three 3D multi-client seismic surveys from Polarcus Plc, enhancing its seismic data offerings. This strategic move aims to strengthen TGS's position in the market by expanding its existing data library and providing clients with high-quality subsurface insights.
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Industry Overview in Norway
The energy sector in Norway is robust and well-established, primarily focusing on oil and natural gas exploration and production. As one of the world’s leading exporters of oil and gas, Norway continues to invest in innovative
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