Press Releases

Up-to-Date Business Announcements from TGS

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TGS Announces New 3D Multi-Client Seismic Survey in the Egyptian Red Sea

29 October 2021

OSLO, Norway (29 October 2021) - TGS, a global provider of energy data and intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger. The project will encompass approximately 6,800 square kilometers and will be acquired with long offsets and.

TGS Quarterly Dividend

28 October 2021

OSLO, NORWAY (28 October 2021) – Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.17 per share) in Q4 2021.Key information.

TGS Announces Q3 2021 Results

28 October 2021

OSLO, Norway (28 October 2021) - TGS today reported interim financial results for Q3 2021.Net IFRS revenues amounted to USD 200 million in Q3 2021, an increase of 243% compared to Q3 2020. EBITDA was USD 167 million, and the operating result was USD 36 million, compared to USD 40 million and USD.

TGS, CGG and PGS Announce Versal, a Unified Ecosystem for Accessing Multi-Client Seismic Data across Multiple Vendors

27 October 2021

OSLO, Norway (28 October 2021) – Further to the announcement on 15 December 2020, TGS, CGG and PGS, industry leaders of multi-client geoscience data, today announce Versal – a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in.

TGS, BGP, CGG Sign Agreement with Staatsolie for Multi-Client Programs Offshore Suriname

20 October 2021

OSLO, Norway (20 October 2021) - TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP, today announced the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the Republic of Suriname..

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TGS Q3 2021 Earnings Update

08 October 2021

OSLO, Norway (8 October 2021) - Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the third quarter of 2021 to be approximately USD 200 million, compared to USD 58 million in Q3 2020. Net segment revenues* are expected to be approximately USD 61.

TGS - New Share Capital Registered and Mandatory Notification of Trade

06 October 2021

OSLO, Norway (6 October 2021) - Reference is made to the stock exchange announcement on 3 August 2021 published by TGS regarding vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs).As a consequence of the vesting as announced on 3 August 2021, TGS has now issued 187,819.