Press Releases

Up-to-Date Business Announcements from TGS

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Letter of Intent signed to acquire Polarcus’ multi-client library

29 June 2015

ASKER, NORWAY (29 June 2015) - TGS has today entered into a Letter of Intent to acquire Polarcus' multi-client library, with the exception of Australia, for a price of USD 27.5 million on a cash and debt free basis. The transaction is subject to due diligence and final definitive documents with.


TGS announces participation in Monuments 3D survey offshore Australia

22 June 2015

ASKER, NORWAY (22 June 2015) - TGS announces its participation in the 2,500 km² Monuments 3D survey.  This survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia. Data processing will be performed by TGS using its proven proprietary broadband technology,.


TGS announces first multi-client 3D program in Newfoundland-Labrador

15 June 2015

ASKER, NORWAY (15 June 2015) - TGS announces a new multi-client 3D survey offshore Eastern Canada, with plans to acquire approximately 6,000 sq. km of seismic data. This survey is in partnership with PGS.  


TGS signs Letter of Intent for 3D capacity for 2016

10 June 2015

ASKER, NORWAY (10 June 2015) - TGS announces that it has signed a Letter of Intent ("LOI") with Polarcus to charter up to 10,000 sq. km of 3D vessel capacity for 2016.


TGS announces extension to LOA for 3D surveys in Northwest Europe

01 June 2015

ASKER, NORWAY (1 June 2015) - Reference is made to TGS' announcement dated 9 April, 2015 regarding Letter of Award (LOA) with Polarcus DMCC to acquire 3,000 km2 of 3D seismic data in Northwest Europe with a potential extension of up to a total of 7,000 km2