Press Releases

Up-to-Date Business Announcements from TGS

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TGS Quarterly Dividend

27 October 2022

OSLO, Norway (27 October 2022) – Following the authorization from the Annual General Meeting on 12 May 2022, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.48 per share) in Q4 2022.Key information relating to the cash dividend:

TGS Announces Q3 2022 Results

27 October 2022

OSLO, Norway (27 October 2022) - TGS today reported interim financial results for Q3 2022. Total revenue amounted to USD 135 million in Q3 2022 versus USD 200 million in Q3 2021. The late sales portion of revenues was USD 65 million, representing a substantial increase compared to the USD 31.

TGS – Q3 2022 Presentation and Webcast

25 October 2022

OSLO, Norway (25 October 2022) – Following the pre-announcement of its Q3 2022 revenues, TGS will release its entire Q3 2022 results at 7:00 am CET on 27 October 2022.

TGS and NRGX Technologies Ltd. Announce Strategic Partnership

18 October 2022

HOUSTON, Texas (18 October 2022) – TGS, a global provider of energy data and intelligence, announced today a partnership with NRGX to jointly provide an easy solution to scrutinizing well data quality when accessing TGS log subscriptions. This will enable customers to quickly identify the right.

TGS – New Share Capital Registered

11 October 2022

OSLO, Norway (11 October 2022) - Reference is made to the stock exchange announcement today regarding the issuance of consideration shares under the recommended voluntary exchange offer by TGS ASA to acquire all shares in Magseis Fairfield ASA. The share capital increase pertaining to the issuance.

Completion of the recommended voluntary exchange offer for all shares in Magseis Fairfield ASA

11 October 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN AUSTRALIA, CANADA, HONG KONG, JAPAN, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFULOSLO, Norway (11 October 2022) - Reference.

TGS and the American Institute of Formation Evaluation (AIFE) Announce Strategic Partnership

11 October 2022

HOUSTON, Texas (11 October 2022) – TGS, a global provider of energy data and intelligence, today announced a partnership with AIFE to jointly provide the largest analyzed library of commercial historical drill stem tests (DSTs) in the US alongside TGS’ best in class log and well data library,.

TGS Q3 2022 Revenue Update

10 October 2022

OSLO, Norway (10 October 2022) - Based on preliminary reporting from operating units, TGS management expects net revenues for Q3 2022 to be approximately USD 135 million, compared to USD 200 million in Q3 2021. Net POC revenues* are expected to be approximately USD 119 million, compared to USD 61.

TGS Announces Completion of the NOAKA22 OBN Seismic Acquisition

05 October 2022

OSLO, Norway (5 October 2022) –TGS, a global provider of energy data and intelligence, announces the successful completion of its 2022 NOAKA Ocean Bottom Node (OBN) seismic survey.

The survey was completed two weeks ahead of schedule, marking the second successive season of dense OBN data.