Press Releases

Up-to-Date Business Announcements from TGS

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TGS Acquires 4C Offshore Ltd.

12 May 2021

OSLO, Norway – (12 May 2021) – TGS-NOPEC Geophysical Company ASA ("TGS"), a global provider of energy data and intelligence, announced today that it has acquired 4C Offshore Ltd. ("4C Offshore"), a leading market intelligence and consultancy firm, providing research and insights to the offshore.

TGS Quarterly Dividend

12 May 2021

OSLO, Norway (12 May 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 1.15 per share) in Q2 2021.Key information.

TGS Announces Q1 2021 Results

12 May 2021

OSLO, Norway (12 May 2021) - TGS today reported interim financial results for Q1 2021. Net IFRS revenues amounted to USD 186 million in Q1 2021, an increase of 256% compared to Q1 2020. EBITDA was USD 162 million and the operating result was USD 69 million, compared to USD 26 million and USD -58.

TGS Signs Memorandum of Understanding with Horisont Energi for CCS Collaboration

11 May 2021

OSLO, Norway – (11 May 2021) – TGS, a global provider of energy data and intelligence, today announced it signed a Memorandum of Understanding (MOU) with carbon storage experts Horisont Energi to jointly develop new Carbon Capture and Storage (CCS) technologies.The MOU between the companies.

TGS - Annual General Meeting Held

11 May 2021

OSLO, Norway (11 May 2021) - The Annual General Meeting of TGS was held on 11 May 2021. All resolutions proposed were approved by the shareholders.The minutes from the Annual General Meeting are attached to this announcement.

TGS Commences Acquisition of Pelotas 2D Multi-client Phase 3 Offshore Brazil

11 May 2021

HOUSTON, Texas – (11 May 2021) – TGS, a global provider of energy data and intelligence, today announced that it has commenced acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.The survey located in the Pelotas Basin covers approximately 17,000 line kilometers and works as an extension.

TGS Commences Acquisition on Santos 3D Multi-Client Phase 4 Offshore Brazil

10 May 2021

Houston, Texas (10 May 2021) – TGS, a global provider of energy data and intelligence, today announced that it has commenced acquisition on Santos multi-client 3D Phase 4 survey offshore Brazil.The survey is located in the western portion of the Santos Basin and works as a northwest extension of.

TGS Geological Data is Now Available Through OSDU

06 May 2021

Houston, Texas (6 May 2021) – TGS, a global provider of energy data and intelligence, today announced that its vast geological data library is now available through OSDU, an industry first.As the world’s largest LAS data provider with over 1.8 million wells with LAS files, TGS now offers an OSDU.

TGS – Q1 2021 Presentation and Conference Call

04 May 2021

OSLO, Norway (3 May 2021) – Following the pre-announcement of Q1 2021 revenues, TGS will release its entire Q1 2021 results at 7:00 am CET on 12 May 2021. A pre-recorded presentation of the results and business update featuring CEO Kristian Johansen and CFO Fredrik Amundsen will be released at.

Notice of Annual General Meeting 2021

19 April 2021

OSLO, NORWAY (20 April 2021) - The 2021 Annual General Meeting of TGS-NOPEC Geophysical Company ASA ("TGS" or the "Company") will be held on 11 May 2021 at the offices of Schjødt law firm at Ruseløkkveien 16, in Oslo at 17:00 CET.