Press Releases

Up-to-Date Business Announcements from TGS

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TGS 2014 guidance

09 January 2014

ASKER, NORWAY (9 January 2014) - TGS announces 2014 full year guidance today. The guidance is as follows:  

  • Multi-client investments 390 - 460 MUSD
  • Average pre-funding 45 - 55%
  • Average multi-client amortization rate 40 - 46%
  • Net revenues 870 - 950 MUSD
  • Contract revenues approximately 5% of total.
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TGS Q4 2013 update

09 January 2014
ASKER, NORWAY (9 January 2014) - Based on preliminary reporting from operating units, TGS management expects net revenues for the fourth quarter of 2013 to be approximately USD 270 million, bringing total estimated net revenues for 2013 to approximately USD 882 million. The company has previously.
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TGS announces four new multi-client surveys

09 January 2014

ASKER (9 January 2014) - TGS announces four new multi-client surveys; a 3D survey in offshore Northwest Australia, two 2D surveys offshore Madagascar and a 3D survey onshore Alberta, Canada.The Huzzas is a 2,100 km2 3D survey that will cover the Barrow Sub-basin, offshore Northwest Australia. The.

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