TGS Ramform Vanguard Returns for Wind and Oil Surveys

  • TGS ASA's Ramform Vanguard vessel resumes operations in mid-March 2026 after winter stacking.
  • Campaign includes one oil & gas site survey followed by two offshore wind contracts.
  • Acquisition activities expected to extend into Q3, with potential for further extension.
  • First oil and gas site survey marks expansion of TGS's product offerings.

TGS is expanding its service offerings by applying proven offshore wind technology to oil and gas site surveys, reflecting broader industry trends of cross-sector technological adaptation. The move comes as energy companies increasingly require detailed subsurface data for both traditional and renewable energy projects. This strategic pivot positions TGS to capture value in multiple growing markets while optimizing asset utilization during cyclical industry periods.

Market Demand
Whether offshore wind and oil/gas site survey markets can sustain extended campaign work beyond Q3.
Technology Application
How TGS's Ultra High Resolution 3D streamer technology performs in both energy sectors.
Asset Utilization
The pace at which TGS can secure additional contracts to maximize the Ramform Vanguard's operational time.