Nærsnes, Norway, October 8, 2002 - TGS-NOPEC Geophysical Company ASA today announces that the company have signed the second agreement with the Ministry of Economics of the Republic of Latvia in six months.
The two permits now will put TGS-NOPEC in the position to acquire seismic- and other geophysical non-exclusive data on the complete Latvian Baltic Sea shelf in a period of three plus two years.
TGS-NOPEC is a leading global provider of multi-client geoscience data and associated products
and services to the oil and gas industry. TGS-NOPEC specializes in the planning, acquisition, processing, interpretation and marketing of non-exclusive seismic surveys worldwide. A2D Technologies, a wholly owned subsidiary, pioneered the delivery of digital well log data over the Internet and currently offers a one-of-a-kind integrated solution for well log data sourcing, well log
data management, and well log correlation. The TGS-NOPEC group places a strong emphasis
on providing high-quality data and the highest level of service to the industry.
data management, and well log correlation. The TGS-NOPEC group places a strong emphasis
on providing high-quality data and the highest level of service to the industry.
TGS-NOPEC is listed on the Oslo Stock Exchange (OSLO:TGS).
For additional information about this new release contact:
Kjell E. TrommestadVice President & General Manager, Europe
Telephone: +47-31-29-20-06 / +47-91-77-29-92
Email: kjell.trommestad@tgsnopec.no