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ASKER, NORWAY (23 June 2010) - TGS announces the commencement of a 1650 km2 high density multi-client 3D seismic survey located in the outer part of Moray Firth off the Northeast coast of Scotland.
HOUSTON (15 June 2010) - TGS announced today that its Geological Products division purchased the directional survey business of P2 Energy Solutions' Tobin business line. The agreement includes the purchase of P2's existing database of over 38,000 high quality directional surveys and incorporates.
ASKER, NORWAY (14 June 2010) - TGS announced another season of acquisition of long offset data on the Norwegian Continental Shelf (NCS) in cooperation with Fugro. The data to be collected (shown on the attached map) include approximately 15,000 km for the North Sea Renaissance (NSR) survey in.
The Ordinary General Meeting of TGS was held on 3 June 2010. Thirteen of the fourteen resolutions proposed were approved by the shareholders including "Guidelines for Determination of Compensation of Executive Personnel". Resolution number eleven, "Approval of the stock option plan and resolution.
ASKER, NORWAY (1 June 2010) - TGS and Nordic Maritime Pte Ltd (Nordic Maritime) have signed a settlement agreement today related to the material breach dispute between the two companies. TGS has reached a settlement in which it will pay 2.5 million USD to Nordic Maritime.