TGS and Chevron Jointly Invest in Next-Gen Seismic Imaging R&D
Oslo – October 11, 2026 -- TGS and Chevron Corporation (NYSE: CVX) have agreed to jointly invest in research and development of next-generation seismic imaging technology, the companies announced.
Partners target eFWI and machine learning workflows
The R&D effort covers key technical domains including Elastic Full Waveform Inversion (eFWI) and machine learning–driven workflows. The work will draw on TGS' Imaging AnyWare platform and Chevron's proprietary algorithms.
Financial terms, investment size and project timelines were not disclosed in the announcement.
TGS CEO frames deal as step toward strategic imaging partnership
TGS CEO Kristian Johansen said the collaboration reflects the company's ambition to become a "true strategic imaging partner." He said combining TGS' platform, talent and scale with Chevron's geoscience expertise creates long-term value for both organizations.