Press Releases

Up-to-Date Business Announcements from TGS

Posts by Date

TGS Quarterly Dividend

12 February 2020

ASKER, NORWAY (12 February 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 0.375 per share (NOK 3.47 per share) in Q1 2020.

TGS announces strong cash flow and 39% dividend growth

12 February 2020

ASKER, NORWAY (12 February 2020) - TGS today reported net segment revenues* of USD 232 million for Q4 2019, a growth of 23% compared to USD 188 million in Q4 2018. The strong performance was mainly driven by improved sales momentum in Latin America and North America.

TGS Begins Acquisition of Two New Onshore 3D Seismic Projects

06 February 2020

Asker, Norway (6 February 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced today it has started acquisition of the Plains 3D seismic survey in the Northern Shelf area of the Midland Basin and Ravenclaw 3D in the Edson area of.

Q4 2019 Presentation and Webcast

04 February 2020

ASKER, NORWAY (4 February 2020) - TGS will release its Q4 2019 results at approximately 07:00 CET on 12 February 2020. 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.

TGS to Offer New Seismic to Support Senegal’s Launch of 1st Offshore License Round

28 January 2020

Asker, Norway (28 January 2020) – The National Oil Company of Senegal, PETROSEN, today officially launched the country’s first ever offshore licensing round at the MSGBC Basin Summit & Exhibition in Dakar, Senegal. The licensing round comprises twelve blocks on offer in the MSGBC Basin, offshore.

TGS Purchases North Slope Alaska 3D Seismic Surveys

14 January 2020

Asker, Norway (14 January 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced today it has completed the purchase of four 3D seismic surveys in the North Slope region of Alaska.

TGS Announces Key Management Position & an Agreement with Google Cloud

13 January 2020

Asker, Norway (13 January 2020) — TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the appointment of Scott Michell as Senior Vice President of Imaging at TGS. In this role, Scott will oversee all Imaging and R&D activities, and.

Q4 19 Revenue Update

09 January 2020

ASKER, NORWAY (9 January 2020) - Based on preliminary reporting from operating units, TGS management expects net segment revenues* for the fourth quarter of 2019 to be approximately USD 230 million.

Kristian Johansen, CEO at TGS, stated, "After record high revenues in Q3, we are pleased to follow.

TGS Purchases U.S. Onshore Petrophysical Log Database from Petrophysical Solutions

06 January 2020

Asker, Norway (6 January 2020) – TGS announced today the purchase of all U.S. onshore petrophysical log database and associated intellectual property from Petrophysical Solutions, Inc.

TGS Announces new Multibeam and Seafloor Sampling Project in Nigeria

20 December 2019

ASKER, Norway (20 December 2019) – TGS, along with its joint venture partner PetroData, is pleased to announce Nigeria’s first regional multi-client Multibeam and Seafloor Sampling (MB&SS) Study.