Press Releases

Up-to-Date Business Announcements from TGS

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TGS Announces 3D Project Offshore Argentina

30 October 2019

HOUSTON, Texas (30 October 2019) – TGS announced today a new 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year.  The survey.

TGS Quarterly Dividend

30 October 2019

ASKER, NORWAY (30 October 2019) - Following the authorization from the Annual General Meeting on 8 May 2018, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.27 per share (NOK 2.49 per share) in Q4 2019.

TGS announces Q3 2019 results

30 October 2019

ASKER, NORWAY (30 October 2019) - TGS today reported net proforma revenues* of USD 277 million for Q3 2019, a growth of 62% compared to USD 171 million in Q3 2018. The strong performance was mainly driven by improved sales momentum in Latin America and North America and includes transfer fees.

TGS Acquires 100 Percent Ownership of Oklahoma’s Kingfisher 3D

29 October 2019

HOUSTON, Texas (29 October 2019) – TGS announced today it has completed the transaction to acquire 100 percent of the Kingfisher 3D seismic survey to add to its Oklahoma database.  The Kingfisher 3D is located on the east flank of the Anadarko Basin in Kingfisher and Logan Counties, Oklahoma.

Q3 2019 Presentation and Webcast

23 October 2019

ASKER, NORWAY (23 October 2019) TGS will release its Q3 2019 results at approximately 07:00 CET on 30 October 2019. CEO, Kristian Johansen and CFO, Dean Zuzic will present the results at 09:00 CET at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the public and.

Q3 19 Revenue Update

08 October 2019

ASKER, NORWAY (8 October 2019) Based on preliminary reporting from operating units, TGS management expects net segment revenues* for the third quarter of 2019 to be approximately USD 277 million.

TGS partners IPGP Marine Geosciences Group to assess earthquake and tsunami hazards in Banda arc

01 October 2019

ASKER, NORWAY (01 October2019) TGS has announced that it is working with Institut de Physique du Globe de Paris (IPGP) Marine Geosciences Group on a project is to assess earthquake and tsunami hazards in Banda arc and neighboring regions.

TGS Commences Latest Survey Offshore North-West Africa Atlantic Margin

19 September 2019

ASKER, NORWAY (19 September 2019) TGS has today announced that it has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. It is being undertaken in.

TGS Announces Strategic Milestones to Accelerate Growth

16 September 2019

Houston, Texas (16 September 2019) — TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced achievement of five milestones accelerating the company’s growth strategy. The achievements include new technologies in key basins;.

TGS Presenting at Pareto Securities’ Annual Oil and Offshore Conference

11 September 2019

ASKER, NORWAY (11 September 2019) – Kristian Johansen, CEO of TGS, will today present at Pareto Securities’ 26th Annual Oil and Offshore Conference in Oslo, Norway.