TGS Announces PAMA Phase II Multi-client Survey Offshore Brazil
TGS Announces PAMA Phase II Multi-client Survey Offshore Brazil
OSLO, Norway (18 September 2025) - TGS, a global leader in energy data and
intelligence, is pleased to announce PAMA Phase II 3D multi-client survey in the
Equatorial Margin area offshore Brazil. The first phase covered 19,343 square
kilometers and more than 25 future exploration blocks within the Pará-Maranhao
Basin, one of the world's largest, most unexplored, and highly prospective
basins.
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.com (http://www.tgs.com) or contact:
Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
[email protected] (mailto:[email protected])
About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).
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.