Oslo-listed seismic data specialist TGS and Brazilian state-owned oil and gas giant Petrobras have signed a memorandum of understanding (MoU) to collaborate on scientific research and technological development activities in Brazil.
This partnership will leverage the expertise and resources of both parties to drive innovation in the energy sector.
Petrobras and TGS will primarily work together on developing innovative technological solutions, focusing on improving the efficiency of exploration and production operations and collaborating on conducting scientific research that contributes to advancing knowledge about Brazil’s sedimentary basins, including the analysis of geological and geophysical data.
Another large part of the partnership will be the development of technologies that promote sustainability in energy production, aligning with global commitments to reduce carbon emissions.
“The combination of our expertise in data acquisition and processing combined with Petrobras’s operational capabilities promises to deliver significant results for the Brazilian energy industry,” said Kristian Johansen, CEO at TGS.
The MoU also establishes the foundation for the creation of joint working groups and the initiation of research and development projects that will be implemented in the coming months.
