TGS is a publicly traded company with financial headquarters in Asker, Norway and is traded on the Oslo Stock Exchange under the symbol TGS. The company is led by CEO Robert Hobbs, based out of the Houston, TX, office. TGS has employees based in cities around the globe, which include offices in Asker, Stavanger, Houston, London, Brazil and Perth.
The hallmarks of success for TGS over the past 30 years have been dedication to high quality data, exemplary service and strategic global growth in emerging and mature markets. TGS’ company philosophy is to create unique high-quality data collected in the right place at the right time.
Company Milestones
2011 - TGS acquired Stingray Geophysical Limited in order to establish a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions.
2010 - TGS acquired directional survey business unit of P2 Energy Solutions’ Tobin business line. This added a large database of high quality, standardized directional surveys to TGS’ collection of well data.
2007 - TGS acquired Parallel Data Systems (Houston) to add to their imaging services high performance and accurate 3D pre-stack depth services, time migration, and converted wave.
2005 - TGS acquired Aceca Geologica (London) to be able to offer multi-client interpretation studies that integrate their suite of geophysical and geological products.
2004 - TGS acquired NuTec Energy (Houston) to obtain their large-scale in-house 3D processing and imaging capabilities.
2002 - TGS purchased A2D Technologies (Houston) and acquired the industry’s largest online collection of well log data.
1998 - TGS acquired Bedford Interactive Processing to obtain their data processing resources.
1998 - TGS merged with NOPEC to form a global suite of multi-client North America and Europe/Africa seismic surveys.
1997 - NOPEC becomes listed on the Oslo Stock Exchange.
1980’s and 1990’s - TGS and NOPEC build upon their regional data libraries of high quality multi-client 2D and 3D seismic surveys.
1981 - NOPEC was formed in Norway, with business focused on acquiring quality, multi-client seismic data in the North Sea and other regions around Europe, and eventually Africa.
1981 - TGS was formed in the US, with business focused on acquiring quality, multi-client seismic data in the Gulf of Mexico.