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TGS expects Q3 multi-client investment of about USD 63 million

PUBT·10/08/2026 05:00:51
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TGS expects Q3 multi-client investment of about USD 63 million
  • TGS forecast Q3 multi-client investment of about USD 63 million, down from USD 85.9 million a year earlier.
  • Normalized OBN crew count ran at 2.2 in the quarter versus 1.8, supported by contract work in the Gulf of America.
  • Streamer 3D vessel utilization fell short due to operational issues on a North Sea multi-client project completed in September.
  • Q4 outlook points to strong activity, with all streamer 3D vessel capacity booked.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TGS ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610080100OMX_____CNEWS_EN_GNW1001276856_en) on October 08, 2026, and is solely responsible for the information contained therein.