October 11, 2024
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OIL & GAS RENEWABLE ENERGY

Tanzania: TGS Signs Agreement With PURA to Provide Offshore Sub- surface Data

Global leader in energy data and intelligence, TGS has signed an agreement with Tanzania’s Petroleum Upstream Regulatory Authority (PURA) to manage and license the country’s extensive offshore subsurface data. This collection includes 2D and 3D seismic data covering an area of over 132,000 square kilometers.

The agreement gives TGS the the exclusive rights to license all of Tanzania’s offshore mainland data on behalf of the government, as well as the authority to conduct future acquisition of new seismic data and to reprocess existing data. It also ncludes support for upcoming licensing rounds, which are anticipated to commence in 2025.

David Hajovsky, EVP of Multi-Client at TGS, commented: “Tanzania remains an attractive exploration target with its world-class gas fields and excellent sands proven across multiple source intervals. By providing access to high-quality seismic data ahead of potential future licensing activities, TGS will empower exploration and production companies to evaluate opportunities in this under-explored but highly promising region of East Africa.

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

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