Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces updates to Australian data library

08 August 2018

ASKER, NORWAY (8 August 2018) -TGS is pleased to announce that the purchase of the Capreolus 3D seismic survey from Polarcus has been completed. The Capreolus, full broadband 3D seismic survey is 22,130 km2 and covers two hydrocarbon provinces with proven, but underexplored, oil and gas plays both.


TGS announces expansion of onshore seismic library in the SCOOP/STACK

02 August 2018

HOUSTON, TX (2 August 2018) - TGS announces expansion of two 2018 onshore seismic surveys, Gloss Mountain 3D and Canton 3D, targeting the high potential Mississippian Chester, Osage and Meramec intervals in the core of the prolific SCOOP/STACK play of the Anadarko Basin. 


TGS announces Q2 2018 Results with highest quarterly operating profit in four years

02 August 2018

ASKER, NORWAY (2 August 2018) - TGS reported net revenues of USD 158 million in Q2 2018, up 47% from Q2 2017. Operating profit for the quarter was USD 54 million (34% of net revenues), the highest quarterly operating profit in four years. TGS' strong cash flow generation continued with free cash.


TGS announces a new multi-client project in the UK

02 August 2018

ASKER, NORWAY (2 August 2018) - TGS announces West of Shetlands project.


TGS Q2 2016 webcast and teleconference

28 July 2018

ASKER, NORWAY (28 July 2016) - TGS will release the preliminary financial statement for Q2 2016 on 4 August 2016 at approximately 7:00 am CEST.


TGS and PGS announce Lewis Hills 3D multi-client project in Offshore East Canada

27 July 2018

ASKER, NORWAY (July 27, 2018) - TGS and PGS announce the commencement of a new 3D multi-client project in East Canada. The Lewis Hills 3D Geostreamer® survey will cover approximately 3,400 km² in an active Newfoundland area of the Flemish Pass Basin. Data will be acquired using the PGS Ramform.


TGS Q2 2018 webcast and teleconference

26 July 2018

ASKER, NORWAY (26 July 2018) - TGS will release its Q2 2018 results at approximately 07:00 CEST on 2 August 2018. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the public.


TGS announces expansion of onshore seismic project in North America

20 July 2018

HOUSTON, TX (20 July 2018) - TGS announces expansion of its 2018 onshore seismic survey Dawson Phase II in Canada. 


Q2 2018 Revenue Update

09 July 2018

ASKER, NORWAY (9 July 2018) - Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2018 to be approximately USD 158 million, 47% higher than Q2 2017.


TGS announces addition to Australian data library

02 July 2018

ASKER, NORWAY (2 July 2018) - TGS signed a sale and purchase agreement to acquire the Australian Capreolus 3D Survey from Polarcus' multi-client library. The transaction is subject to the execution of ancillary agreements typical for a transaction of this nature with target closing date on or.