Norwegian Seismic Firm TGS Wins Repeat Customer Contract for Gulf Monitoring

20-10-2025


TGS, the Oslo-based energy data provider, has been awarded a significant ocean bottom node (OBN) acquisition contract in the Gulf of Mexico, marking another strategic win in one of the company's core markets. The 4D monitor survey is scheduled to commence in the fourth quarter of 2025 and will span approximately four and a half months. This contract represents continued confidence in TGS's capabilities from the international oil company client, though the specific customer identity remains undisclosed.

The contract was notably absent from TGS's booked position disclosed in the company's second quarter 2025 presentation, indicating a recent acquisition for the seismic data specialist. The Gulf of Mexico remains a critical region for offshore energy production, and 4D seismic monitoring plays an essential role in optimizing reservoir management and production efficiency for major operators in the region.

Kristian Johansen, CEO of TGS, emphasized the significance of securing business from repeat customers, stating that the client values TGS's OBN technology and proven track record of project execution. "The client is confident we will deliver high-quality data and insights to optimize production from one of their highest producing facilities in the Gulf of Mexico," Johansen commented, highlighting the operational importance of the project for the customer's production optimization efforts.

TGS's expertise in OBN technology positions the company as a trusted partner for international oil companies seeking to maximize recovery from existing assets. The 4D seismic approach allows operators to monitor reservoir changes over time, providing critical data for production optimization decisions. This latest contract win reinforces TGS's strong position in the Gulf of Mexico market and demonstrates the ongoing demand for advanced seismic monitoring solutions in mature offshore basins.

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Ruud Claims Stockholm Title Amid ATP Schedule Concerns

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Casper Ruud captured the Stockholm Open title with a commanding 6-3, 6-2 victory over Ugo Humbert in a final that lasted just 68 minutes. The Norwegian second seed dominated throughout the match, dropping only two points on his serve in the first set and just one point in the second set. After breaking Humbert early in both sets, Ruud comfortably served out the match to claim his second title of 2025, following his earlier Masters 1000 victory in Madrid.

The victory came amid growing concerns about player welfare on the ATP Tour, highlighted by Holger Rune's season-ending injury during the tournament's semifinals. Rune had started strongly in Stockholm, reaching the semifinal round with victories over Marton Fucsovics and Tomas Martin Etcheverry before suffering a torn Achilles tendon that forced his withdrawal from the match against Humbert. The injury abruptly ended Rune's season, preventing his potential qualification for the season finale.

Ruud addressed the injury concerns in post-match comments, expressing frustration with the demanding tournament schedule. "It's very demanding when you go directly from tournament to tournament," Ruud stated. "Holger was in Shanghai last week, and when something is so demanding, something like this can unfortunately happen. We're all in some kind of risk zone when we step onto the pitch." The Norwegian added that while he couldn't confirm a direct connection between Rune's injury and the schedule, "in a way, all injuries are probably because of the tough schedule."

The concerns about player workload extend beyond Ruud's comments, with world No. 9 Jack Draper recently requesting the ATP Tour to reassess its packed calendar. Players have emphasized the need for a more manageable schedule to ensure long and healthy careers. Ruud acknowledged the physical demands, noting that players are "really pushing our own limits at the moment" and expressing sympathy for Rune's unfortunate situation while wishing him a speedy recovery.