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    TGS Announces PAMA Phase II Multi-Client Survey Offshore Brazil

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    TGS Announces PAMA Phase II Multi-Client Survey Offshore Brazil

    PAMA Phase II extends coverage by approximately 11,500 square kilometers, including blocks currently under nomination for upcoming license rounds scheduled for 2026 and 2027. A Ramform Titan-class vessel commenced data acquisition early June and is expected to complete the survey early March 2026. The vessel is equipped with TGS GeoStreamer® technology, ensuring high-quality 3D seismic acquisition and data delivery. The project is supported by industry funding.

    The Pará-Maranhao Basin features evidence of a functioning deepwater petroleum system in the Cretaceous and Paleogene layers and attracts significant industry interest spurred by prolific discoveries in neighboring countries such as Guyana and Suriname.

    Kristian Johansen, CEO of TGS, commented:“We experienced strong industry interest and support for our PAMA Phase I survey, as the Equatorial Margin represents one of the most exciting exploration frontiers globally. With PAMA Phase II, we are expanding our data coverage significantly, and by leveraging our advanced acquisition capabilities and imaging expertise, this survey will provide substantial value for our clients’ exploration activities in the Parã-Maranhao Basin. With the ongoing Megabar extension multi-client project in the Barreirinhas Basin we will have two Ramform Titan-class vessels active in the Equatorial Margin through the remainder of 2025.

    For more information, visit TGS or contact:

    Bård Stenberg VP IR & Business Intelligence Mobile: +47 992 45 235…

    About TGS

    Forward Looking Statement

    All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict and are based upon assumptions as to future events that may not prove accurate. These factors include volatile market conditions, investment opportunities in new and existing markets, demand for licensing of data within the energy industry, operational challenges, and reliance on a cyclical industry and principal customers. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.

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