Press Releases

Up-to-Date Business Announcements from TGS

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TGS Commences New 2D Seismic Campaign Offshore Mauritania

14 September 2021

OSLO, Norway (14 September 2021) - TGS is commencing a new seismic survey in the MSGBC Basin, offshore Mauritania, adding to the successes of the North-West Africa Atlantic Margin (NWAAM) 2D campaign. The survey, NWAAM 2021, will comprise 7,500 kilometers of seismic data, with a modern broadband.

TGS Expands its Data Coverage for Offshore Wind, Providing Critical Insight for Wind Resource Assessment in the New York Bight Lease Sale

25 August 2021

OSLO, Norway (25 August 2021) - TGS, a global provider of energy data and intelligence, has expanded its coverage of numerical weather prediction (NWP) model data. The latest model covers a 400,000 square kilometers area off the East Coast US, extending from Massachusetts to North Carolina. It was.

TGS Announces Two New Technology Pilot Projects for CCS and Offshore Wind in Collaboration with Magseis

24 August 2021

OSLO, Norway (24 August 2021) - TGS, a global provider of energy data and intelligence, today announced two new technology pilot projects for carbon capture and storage (CCS) and offshore wind in collaboration with Magseis Renewables AS, a wholly owned subsidiary of Magseis Fairfield ASA.

TGS Management Change

15 August 2021

OSLO, NORWAY (16 August 2021) - TGS ASA today announced that Fredrik Amundsen has resigned from his position as CFO. The company has appointed Sven Børre Larsen as interim CFO effective immediately. Mr. Larsen held the CFO position from 2015 to 2019 and has since been responsible for Strategy, M&A,.

TGS Set to Install Landmark Solar Energy Parking Canopy at Houston Headquarters

10 August 2021

Houston, TEXAS (10 August 2021) – Further reinforcing its commitment to ESG and its employees, TGS, a global provider of energy data and intelligence, today announced that it is set to install a landmark solar energy parking canopy at its operational headquarters in Houston, Texas. Consisting of.

TGS Achieves 2.0 Million Man-Hours Without a Lost Time Injury or Recordable Incident, and Zero Work-Related Cases of COVID-19 Since the Start of the Pandemic

09 August 2021

OSLO, Norway (9 August 2021) – With safety paramount to its operations, TGS, a global provider of multiclient energy data and intelligence, today announced significant health and safety milestones –2.0 million man-hours without a Lost Time Injury (LTI) or Recordable Incident (Total Recordable.

TGS Vesting Under the 2018 Long-term Incentive Plan

03 August 2021

OSLO, Norway (3 August 2021) - In accordance with the measures approved by the shareholders of TGS at the Annual General Meeting on 8 May 2018, the Board of Directors of TGS ASA authorized TGS to grant Performance Stock Units (PSUs), Performance Restricted Stock Units (P-RSUs), and Restricted Stock.

TGS Announces NOAKA Ocean Bottom Node Seismic Survey on the Norwegian Continental Shelf

02 August 2021

OSLO, Norway (2 August 2021) - TGS, a global provider of energy data and intelligence, today announced a new Ocean Bottom Node (OBN) seismic survey on the Norwegian Continental Shelf (NCS).

TGS Quarterly Dividend

22 July 2021

OSLO, NORWAY (22 July 2021) – Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.25 per share) in Q3 2021.Key information relating to the cash dividend:

TGS Announces Q2 2021 Results

22 July 2021

OSLO, Norway (22 July 2021) - TGS today reported interim financial results for Q2 2021.Net IFRS revenues amounted to USD 72 million in Q2 2021, an increase of 9% compared to Q2 2020 and USD 7 million higher than the preliminary earnings update July 8th. EBITDA was USD 50 million, and the operating.