The letterof intent signed between the pair covers acquisition of 200,000 kilometres ofseismic data with the proposed contract estimated to be worth between $110 millionand $115 million.
Thecharters would cover a total period of three years with work due to start inthe fourth quarter, though Oslo-listed TGS said in a statement the dealremained subject to the issue of seismic acquisition permits off Mexico, aswell as securing the necessary pre-funding.
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