Press Releases

Up-to-Date Business Announcements from TGS

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Senegal Set to Offer 10 Offshore Blocks in 2020 License Round

15 November 2019

Asker, Norway (15 November 2019) – The National Oil Company of Senegal, PETROSEN, has announced the launch of the country’s first offshore licensing round, to be launched at the MSGBC Basin Summit & Exhibition in Senegal in January 2020. The round will be open for six months - until the end of July.

TGS Secures Rights to New 3D project in Prolific Malay Basin

08 November 2019

Consortium to acquire new surveys and merge with reprocessed legacy data

TGS and WhiteStar Announce Strategic Partnership

07 November 2019

Houston, Texas (7 November 2019) - TGS and WhiteStar™ announced today a partnership to jointly provide a robust solution combining TGS well data and WhiteStar land grid GIS data, coupled with field and pool data.

TGS Commences Onshore Seismic Acquisition for Montney Basin 3D Project in Northeast British Columbia

30 October 2019

CALGARY, Alberta (30 October 2019) – TGS announced today the commencement of its Midnight 3D onshore seismic survey to further solidify its core position in the Inga/Fireweed area of British Columbia in Canada.

TGS Announces 3D Project Offshore Argentina

30 October 2019

HOUSTON, Texas (30 October 2019) – TGS announced today a new 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year.  The survey.

TGS Quarterly Dividend

30 October 2019

ASKER, NORWAY (30 October 2019) - Following the authorization from the Annual General Meeting on 8 May 2018, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.27 per share (NOK 2.49 per share) in Q4 2019.

TGS announces Q3 2019 results

30 October 2019

ASKER, NORWAY (30 October 2019) - TGS today reported net proforma revenues* of USD 277 million for Q3 2019, a growth of 62% compared to USD 171 million in Q3 2018. The strong performance was mainly driven by improved sales momentum in Latin America and North America and includes transfer fees.

TGS Acquires 100 Percent Ownership of Oklahoma’s Kingfisher 3D

29 October 2019

HOUSTON, Texas (29 October 2019) – TGS announced today it has completed the transaction to acquire 100 percent of the Kingfisher 3D seismic survey to add to its Oklahoma database.  The Kingfisher 3D is located on the east flank of the Anadarko Basin in Kingfisher and Logan Counties, Oklahoma.

Q3 2019 Presentation and Webcast

23 October 2019

ASKER, NORWAY (23 October 2019) TGS will release its Q3 2019 results at approximately 07:00 CET on 30 October 2019. CEO, Kristian Johansen and CFO, Dean Zuzic will present the results at 09:00 CET at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the public and.

Q3 19 Revenue Update

08 October 2019

ASKER, NORWAY (8 October 2019) Based on preliminary reporting from operating units, TGS management expects net segment revenues* for the third quarter of 2019 to be approximately USD 277 million.