Press Releases

Up-to-Date Business Announcements from TGS

Posts by Date

TGS Announces Second Indonesian Reprocessing Project in 2022

11 January 2022

OSLO, Norway (10 January 2022) - TGS, a global provider of energy data and intelligence, today announced it has commenced a broadband 2D regional seismic data reprocessing project covering the offshore Natuna Basin, Indonesia.

TGS Announces New Extensive Regional 2D-cubed Reprocessing Project in Indonesia

10 January 2022

OSLO, Norway (10 January 2022) - TGS, a global provider of energy data and intelligence, today announced a project designed to help drive exploration across the South Makassar and North East Java regions. Processing has begun on the East Java Sea 2Dcubed project. This project will utilize 2D-cubed.

TGS Q4 2021 Revenue Update

10 January 2022

OSLO, Norway (10 January 2022) - Based on preliminary reporting from operating units, TGS management expects net segment revenues* for the fourth quarter of 2021 to be approximately USD 119 million, compared to USD 120 million Q4 2020. Net IFRS revenues* are expected to be approximately USD 105.

TGS and WesternGeco Announce Engagement Phase 2 in the U.S. Gulf of Mexico

03 January 2022

OSLO, Norway (3 January 2022) - TGS, a global provider of energy data and intelligence, in a strategic collaboration with WesternGeco®, the geophysical services product line of Schlumberger, today announced the continuation of their ultra-long offset ocean-bottom node (OBN) acquisition in Green.

TGS Recognized as Top ESG Performer at Energy ESG Conference

29 November 2021

Houston, Texas (29 November 2021) - Today, Hart Energy announced its ESG "Top Performers" today in front of roughly 300 industry professionals attending its annual Energy ESG Conference, held in-person this year at the Westin Houston – Memorial City hotel, where TGS was recognized as a top ESG.

TGS announces the Southern U.S. CO2 Storage Atlas

22 November 2021

Houston, Texas – (22 November 2021) – Further to the announcement on 19 May 2021, TGS, a global provider of energy data and intelligence, today announced the launch of a new CO2 Storage Atlas covering the southern U.S., in collaboration with consultancy firm Canadian Discovery Ltd.

TGS, BGP, CGG Commence Acquisition of Suriname 3D Phase 1

11 November 2021

OSLO, Norway (11 November 2021) – Further to the announcement on October 20, 2021 of a signed agreement with Staatsolie for multi-client programs offshore Suriname, TGS, acting as the marketing and licensing lead in a consortium with CGG and BGP, today announced that acquisition for Phase 1 of the.

OSE

TGS Announces New 3D Multi-Client Seismic Survey in the Egyptian Red Sea

29 October 2021

OSLO, Norway (29 October 2021) - TGS, a global provider of energy data and intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger. The project will encompass approximately 6,800 square kilometers and will be acquired with long offsets and.

TGS Quarterly Dividend

28 October 2021

OSLO, NORWAY (28 October 2021) – Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.17 per share) in Q4 2021.Key information.

TGS Announces Q3 2021 Results

28 October 2021

OSLO, Norway (28 October 2021) - TGS today reported interim financial results for Q3 2021.Net IFRS revenues amounted to USD 200 million in Q3 2021, an increase of 243% compared to Q3 2020. EBITDA was USD 167 million, and the operating result was USD 36 million, compared to USD 40 million and USD.