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TGS expands 3D seismic program in Malaysia’s Sarawak basin

TGS will launch the fourth phase of its multi-client 3D seismic program offshore Sarawak, Malaysia, adding approximately 1,020 km² of new data to support exploration across the hydrocarbon-rich basin.   The Ramform Sovereign seismic vessel is scheduled to mobilize for the survey during the fourth quarter of 2026, with acquisition expected to be completed in December. Phase 4 is […]

Enverus acquires TGS well log business in $100 million deal

 Enverus has acquired TGS‘ North American well data products business for more than $100 million, adding one of the industry’s largest commercial well log databases to its energy intelligence platform while allowing TGS to sharpen its strategic focus on offshore geophysical services. The transaction includes $100 million paid at closing, with an additional $15 million earnout tied to […]