TGS ASA announced award of the company?s first 3D streamer contract for the 2025 Northwest Europe summer season. Acquisition is scheduled to commence in May with a total duration of approximately 35 days. The company experiencing higher bidding activity for this region compared to recent years, and while most of streamer acquisition programs in Northwest Europe were multi-client in 2024, this trend will likely be reversed in 2025 with an overweight of contract work.

The planned activity increase in the Northwest Europe region mirrors the global demand increase experience for services scheduled for first half 2025.