TGS-NOPEC Geophysical Company (TGS) inks Letter of Intent with CGG Veritas to charter a 12-streamer vessel.

The vessel is to be chartered for 3D multi-client projects in Europe during the 2013 summer season. The charter will begin in April and last for approximately six months.

TGS inform that the details of the individual projects to be completed under this charter will be announced separately.

TGS provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, permanent reservoir monitoring and data integration solutions.