Press Releases

Up-to-Date Business Announcements from TGS

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TGS Announces Q4 2020 Results and Establishment of New Energy Solutions Business Unit

11 February 2021

OSLO, NORWAY (11 February 2021) – TGS today reported interim financial results for Q4 2020. Figures based on Segment reporting. Please refer to the full Q4 2020 report for statements prepared according to IFRS.Net segment revenues (1) amounted to USD 120 million, a reduction of 48% from USD 232.

TGS Announces Initiation of a USD 20 Million Share Repurchase Program

11 February 2021

OSLO, NORWAY (11 February 2021) – TGS-NOPEC Geophysical Company ASA ("TGS" or the "Company") today announced that reflective of the Company's strong financial and liquidity position and cash flow outlook, the Board of Directors has authorized a share repurchase program of up to USD 20 million.The.

TGS Quarterly Dividend

11 February 2021

OSLO, NORWAY (11 February 2021) – Following the authorization from the Annual General Meeting on 12 May 2020, 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 1.18 per share) in Q1 2021.Key information.

TGS Capital Markets Day – Presentation and Webcast

09 February 2021

OSLO, Norway (9 February January 2021) – Further to the announcement on 21 January 2021, TGS will host its Capital Markets Day on 11 February 2021.

TGS Included in 2021 Bloomberg Gender Equality Index

27 January 2021

Houston, Texas (27 January 2021) - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced it is one of 380 companies across 11 sectors and 44 regions included in the 2021 Bloomberg Gender-Equality Index (GEI). Companies included in the.

TGS Capital Markets Day – Save The Date

21 January 2021

OSLO, Norway (21 January 2021) – Following the pre-announcement of Q4 2020 revenues, TGS will release its full Q4 2020 results and guidance for 2021 at 7:00 am CEST on 11 February 2021.

TGS Announces Espirito Santo Multi-Client 3D Survey Offshore Brazil

13 January 2021

OSLO, NORWAY (13 January 2021) - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the commencement of the Espirito Santo multi-client 3D seismic survey offshore Brazil – previously publicized on 18 November 2020. This survey,.

TGS - Q4 2020 Earnings Update

11 January 2021

OSLO Norway (11 January 2021) - Based on preliminary reporting from operating units, TGS management expects net segment revenues for the fourth quarter of 2020 to be approximately USD 118 million.Kristian Johansen, CEO at TGS, stated, “As expected, we saw a seasonal uptick in the activity level.

TGS, CGG, PGS Announce Strategic Partnership for shared Multi-Client Data Offerings

15 December 2020

OSLO, Norway (15 December 2020) – TGS, CGG and PGS, industry leaders of multi-client geoscience data, today announced a pioneering strategic partnership to offer a shared ecosystem providing direct access to their subsurface multi-client data libraries. The independent, cloud-based ecosystem will.

TGS Announces Final Processing Products for High-Resolution Canton & Gloss Mountain 3Ds

01 December 2020

HOUSTON, TEXAS (1 December 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the completion of the final processing products for the high-resolution Canton and Gloss Mountain 3Ds. These projects encompass approximately.