Press Releases

Up-to-Date Business Announcements from TGS

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TGS Acquires Pioneering New OBN Survey in Atlantic Margin

24 August 2020

Oslo, Norway (24 August 2020) – TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced the successful deployment of a pioneering sparse ocean bottom node (OBN) survey in the Atlantic Margin off the coast of mid Norway. This initial study.

TGS Announces New Onshore 3D Seismic Survey in the Powder River Basin

12 August 2020

Oslo, Norway (12 August 2020) - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced Voyager 3D - a new multi-client U.S. onshore 3D seismic survey within the Powder River Basin.Voyager 3D, located in Johnson County, Wyoming, will.

TGS Commences Egyptian Multi-Year Geophysical Survey

11 August 2020

Oslo, Norway (11 August 2020) – TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced that it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey - together with magnetic and.

TGS submits offer to acquire the multi-client data library of PGS

06 August 2020
  • TGS submits a conditional offer for the multi-client data library of PGS for a cash consideration of USD 600 million
  • The offer values the multi-client data library in excess of the full reported book value and secures PGS liquidity to repay the USD 135 million revolving credit facility due.

TGS Announces Completion of the East Coast Canada Facies Map Browser and Play Fairway Analysis

28 July 2020

Houston, Texas (28 July 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the completion of the East Coast Canada Facies Map Browser and Play Fairway Analysis (ECC FMB & PFA). Using data acquired in partnership with PGS,.

TGS Quarterly Dividend

23 July 2020

OSLO, NORWAY (23 July 2020) – Following the authorization from the Annual General Meeting on 12 May 2020, 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 1.14 per share) in Q3 2020.Key information.

TGS Announces Q2 2020 Results

23 July 2020

OSLO, NORWAY (23 July 2020) – TGS today reported its Q2 2020 results.

TGS: Q2 2020 Presentation and Conference Call

10 July 2020

Asker, Norway (10 July 2020) – Following the pre-announcement of Q2 2020 revenues, TGS will release its entire Q2 2020 results at 7:00 am CEST on 23 July 2020. A pre-recorded presentation of the results and business update featuring CEO Kristian Johansen and CFO Fredrik Amundsen will be released at

TGS - Q2 2020 Revenue Update

08 July 2020

ASKER, NORWAY (8 July 2020) - Based on preliminary reporting from operating units, TGS management expects net segment revenues for the second quarter of 2020 to be approximately USD 96 million. Multi-client Investments for the quarter are expected to be approximately USD 80million with a prefunding.

TGS and PGS Release Final Data for Torngat 3D Offshore Labrador

30 June 2020

Houston, Texas (30 June 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced, in partnership with PGS, the release of final Torngat 3D seismic data results offshore Labrador.