Press Releases

Up-to-Date Business Announcements from TGS

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TGS Celebrates Completion of Landmark Solar Energy Project with September 7 Ribbon Cutting

18 August 2022

HOUSTON, Texas (18 August 2022) - TGS, a global provider of energy data and intelligence, today announced the completion of a landmark solar energy parking canopy installation at its Houston operational headquarters, one of the largest commercial solar installations in Houston to date. The company.

TGS Announces Completion of Initial Project Deliverables for Extensive East Coast India Reprocessing Project

22 July 2022

OSLO, Norway (22 July 2022) - TGS has made the first phase of project deliverables for their East Coast India reprocessing project available to project participants. Final 2D-cubed, workstation-ready data will be delivered by the end of July 2022.

TGS Announces Q2 2022 Results

20 July 2022

OSLO, Norway (21 July 2022) - TGS today reported interim financial results for Q2 2022.

Total revenue amounted to USD 230 million in Q2 2022 versus USD 72 million in Q2 2021. EBITDA was USD 197 million, and the operating result was USD 31 million, compared to USD 50 million and USD -15 million,.

TGS Makes First Renewable Energy Venture Investment, Acquires Equity Stake in NASH Renewables

14 July 2022

OSLO, Norway (14 July 2022) - TGS, a global provider of energy data and intelligence, today announced its investment in NASH Renewables, a start-up developing innovative Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. The equity stake.

TGS Q2 2022 Revenue Update

08 July 2022

OSLO, Norway (8 July 2022) - Based on preliminary reporting from operating units, TGS management expects net revenues for Q2 2022 to be approximately USD 230 million, compared to USD 72 million in Q2 2021. Net POC revenues* are expected to be approximately USD 136 million, compared to USD 54.

TGS – Conference call presentation material

04 July 2022

OSLO, Norway (5 July 2022) – As previously notified, TGS will today at CEST 14:00 host a audiocast / conference call in connection with the recent M&A announcements. Please find attached the presentation that will be referred to during the call.Participants can access the audiocast to hear the.

TGS M&A Audiocast and Conference Call Details

04 July 2022

OSLO, Norway (4 July 2022) – Following last week's M&A announcements, TGS will hold a conference call and audiocast on 5 July 2022 at CEST 14:00. Participants can access the audiocast to hear the audio and view the presentation by using this link: .

TGS Named Successful Bidder in the Auction Process for ION Assets

01 July 2022

OSLO, Norway (1 July 2022) – TGS ASA, a global provider of energy data and intelligence, today announced that it has been named a successful bidder in the auction process conducted in connection with ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United.

TGS Acquires Prediktor

01 July 2022

OSLO, Norway (1 July) – TGS ASA ("TGS"), a global provider of energy data and intelligence, announced today that it has acquired Prediktor AS ("Prediktor"), a leading provider of asset management and real-time data management solutions to renewable and energy asset owners.Established in 1995, the.

TGS ASA and Magseis Fairfield ASA Announce a Recommended Voluntary Exchange Offer by TGS to Acquire All Shares of Magseis

29 June 2022

OSLO, Norway (29 June 2022) - TGS ASA (“TGS”, OSE: TGS) and Magseis Fairfield ASA (“Magseis”, OSE: MSEIS) announce today that they have entered into a transaction agreement (the "Transaction Agreement") whereby TGS on and subject to certain terms and conditions will put forward a voluntary exchange.