TGS and Thalassa in Barents Sea seismic deal

Norway’s TGS has signed an agreement with Thalassa Holdings Ltd to acquire P-Cable 3D seismic data in the Norwegian Barents Sea.

After Thalassa Holdings’ subsidiary WGP, in partnership with TGS-Nopec, completed the 2014 multi-client/proprietary survey of prospects in the Barents Sea region, the two companies now continue to collaborate on a new project to acquire data in the south east Barents Sea. This survey was performed using the P-Cable system onboard the seismic vessel ‘Bergen Surveyor’.

The new activity of acquiring P-Cable 3D seismic data will start in April 2015, and it is expected to last for 90 days.

The companies did not disclose any further details of the project.

Thalassa’s Chairman, Duncan Soukup, commented:

“We are delighted to be working with TGS again, following last year’s successful Multi-Client project, and are confident that this contract will make a meaningful contribution to Thalassa’s top and bottom line growth and should, with our other contracted orders, result in positive underlying profit for the year 2015.”

WGP’s CEO, Mark Burnett, commented:

“It is especially satisfying to receive this follow-on data acquisition contract from TGS. The Company’s commitment to the high value added P-Cable system is now bearing fruit and gives us the opportunity for growth in a particularly challenging industry environment.”

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply