TGS ASA

Environmental & Social Information • May 7, 2024

TGS Launches Multi-Client Wind and Metocean Measurement Campaign Offshore Germany

TGS Launches Multi-Client Wind and Metocean Measurement Campaign Offshore Germany

OSLO, Norway (07 May 2024) - TGS, a global provider of energy data and

intelligence, has today announced the commencement of its latest multi-client

wind measurement campaign using two LiDAR buoys offshore Germany in the North

Sea.

The buoys are equipped with a multitude of sensors, allowing detailed

measurements of wind, metocean and environmental data. The collected data is

streamed to shore and used to enhance decision-making to support several current

and future wind lease rounds in the German Bight.

The TGS multi-client approach, where multiple customers can subscribe to the

same floating LiDAR data, significantly advantages offshore wind developers by

reducing development costs and timelines and providing a unique, early

opportunity to minimize uncertainty in future energy generation. Similar

programs have already been deployed across the East Coast of America, where five

buoys are currently collecting data, and offshore Norway, where data

availability has averaged 96% at 160 m measurement height throughout the

deployment.

Kristian Johansen, CEO of TGS, commented: "TGS is committed to supporting the

growth of global offshore wind energy with data and insights. Early access to

essential wind and metocean data significantly mitigates investment risks,

empowers informed decisions, and ensures smooth project implementation across

the wind development lifecycle. With this deployment, we can proudly boast eight

offshore LiDAR campaigns concurrently collecting critical wind data worldwide,

and more deployments are likely to follow as new areas open up globally."

The buoys offshore Germany, supplied by Green Rebel, will deliver a

comprehensive wind data suite over a 24-month measurement campaign. In addition

to wind speed measurements, the data package includes 12 months of critical

metocean data, such as significant wave heights and ocean current profiles,

acquired via Directional Waverider buoys and seabed-mounted Acoustic Doppler

Current Profilers. Data will be continuously streamed, quality-controlled, and

made available to customers daily through the Wind AXIOM platform, TGS'

comprehensive site evaluation and wind data analytics tool. Wind AXIOM allows

wind developers and stakeholders to constrain the most influential factors

affecting the viability of offshore wind projects, improving the quality and

speed of decisions.

All projects are supported by offshore wind industry funding.

About TGS

TGS provides scientific data and intelligence to companies active in the energy

sector. In addition to a global, extensive and diverse energy data library, TGS

offers specialized services such as advanced processing and analytics alongside

cloud-based data applications and solutions.

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.

For more information, visit TGS.com (http://www.tgs.com) or contact:

Sven Børre Larsen

Chief Financial Officer

investor@tgs.com (mailto:investor@tgs.com)