ASKER, NORWAY (8 February 2018) - During 2017 TGS acquired a record-high amount of 3D data at historical low cost. At the same time the company achieved industry-leading financial returns and strong free cash flow development, paving the way for an increase of 33% of the quarterly dividend in Q1.
TGS announces Q4 2017 Results with Full Year revenues up 8%
ASKER, NORWAY (8 February 2018) - TGS reported net revenues of USD 157 million in Q4 2017 driven by strong late sales. Full year 2017 net revenues were USD 492 million. Operating profit for the quarter was USD 52 million, up 23% compared to Q4 2016. This resulted in full year operating profit of.
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TGS expands its 2018 onshore seismic activity with new project in the Anadarko Basin
HOUSTON, TX (7 February 2018) - TGS announces expansion of its 2018 onshore seismic activity with the Canton 3D seismic survey in the Anadarko Basin. This project will encompass a minimum of 452 square miles north of TGS' Loyal Complex, targeting the high potential Mississippian Chester, Osage and.
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TGS announces Mexico well data award
HOUSTON, TX (5 February 2017) - TGS announces that it has obtained commercial authorization from the Mexican regulator, Comisión Nacional de Hidrocarburos (CNH), to process its entire library of more than 30,000 wells in Mexico. This award grants TGS the right to process and deliver high-quality,.
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