TGS ASA

Regulatory Filings • Jul 2, 2025

TGS Awarded Offshore Wind Site Characterization Contract

TGS Awarded Offshore Wind Site Characterization Contract

OSLO, Norway (2 July 2025) - TGS, a global leader in energy data and

intelligence today announced the award of a contract for offshore wind site

characterization, including acquisition, imaging and interpretation services

offshore Norway. Ramform Vanguard will start acquisition in early July, with a

duration of approximately 25 days. The imaging and interpretation work will

commence concurrently with data acquisition and final data delivery to the

client is expected in Q1 2026.

The Ramform Vanguard is equipped with TGS's proprietary Ultra-High-Resolution

3D (UHR3D) streamers and integrated geophysical sensors. This technology is

specifically designed to sample the seismic wavefield at a high spatial and

temporal rate, providing high-resolution data of the shallow subsurface targets

for wind farm development.

Kristian Johansen, CEO of TGS, commented "We are very pleased to secure another

offshore wind site characterization contract in Northern Europe, extending our

acquisition campaign in the region by nearly a month. We are seeing strong

client adoption for our high-quality geophysical approach to mapping shallower

subsurface targets, which supports data-driven decision making for offshore wind

farm development and offers a compelling alternative to traditional geophysical

wind solutions".

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

Bård Stenberg

VP IR & Communication

Mobile: +47 992 45 235

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

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.