Press Releases

Up-to-Date Business Announcements from TGS

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TGS Announces Delivery of Updated Facies Map Browser in North West Europe

19 May 2020

Houston, Texas (19 May 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced it has significantly expanded and enhanced its Facies Map Browser (FMB) covering North West Europe and Barents Sea. Version 4.5.0 was delivered on 31.

TGS Shares received by Board of Directors

14 May 2020

ASKER, NORWAY (14 May 2020) - The Annual General Meeting of TGS held on 12 May 2020, approved that each of the Directors, other than the Chairman, should receive 1650 restricted shares in the Company as part of their compensation. The shares were transferred to the Directors on 14 May 2020. The.

TGS Quarterly Dividend

13 May 2020

ASKER, NORWAY (13 May 2020) – Following the authorization from the Annual General Meeting on 8 May 2019, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.125 per share (NOK 1.27 per share) in Q2 2020.

TGS Announces Q1 2020 Results

13 May 2020

ASKER, NORWAY (13 May 2020) – TGS today reported net segment revenues of USD 152 million for Q1 2020, a 3% decline compared to Q1 2019. The quarter saw solid pre-funding revenues driven by Latin America and North America onshore, while late sales were hurt by the COVID-19 crisis and the large oil.

TGS-NOPEC Geophysical Company ASA (TGS) - Annual General Meeting Held

12 May 2020

ASKER, NORWAY (12 May 2020) - The Annual General Meeting of TGS was held on 12 May 2020. All resolutions proposed were approved by the shareholders.

TGS: Q1 2020 Presentation and Conference Call

11 May 2020

ASKER, NORWAY (11 May 2020) - TGS will release its Q1 2020 results at approximately 0700 CEST on 13 May 2020. A pre-recorded presentation of the results featuring CEO Kristian Johansen and CFO Fredrik Amundsen will be released at www.tgs.com at the same time.

TGS Completes Reprocessing of New Regional 2D Survey in the Russian Sea of Okhotsk

21 April 2020

Asker, Norway (21 April 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, has announced that it has completed the reprocessing of a 21,631-square kilometer regional 2D seismic survey offshore Sakhalin Island, in the Russian Sea of Okhotsk..

Notice of Annual General Meeting 2020

20 April 2020

ASKER, NORWAY (20 April 2020) The 2020 Annual General Meeting of TGS-NOPEC Geophysical Company ASA ("TGS" or the "Company") will be held on 12 May 2020 at the offices of Schjødt law firm at Ruseløkkveien 16, in Oslo at 17:00 CET.

TGS Commences ‘Gambito 2020’ 3D Seismic Survey Offshore The Gambia

17 April 2020

Asker, Norway (17 April 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, has announced that it has fired the first shot in a 3D seismic survey it is undertaking offshore The Gambia.

TGS acquitted of charges of aiding and abetting tax law violations

16 April 2020

Asker, Norway (16 April 2020) – In a unanimous decision by Borgarting Appeal Court issued today, TGS-NOPEC Geophysical Company ASA was acquitted of Økokrim’s charge for alleged contribution to violations of the Norwegian tax law by Skeie Energy AS in connection with tax refunds received by Skeie.