Press Releases

Up-to-Date Business Announcements from TGS

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TGS Q1 2021 Earnings Update

13 April 2021

OSLO Norway (13 April 2021) - Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the first quarter of 2021 to be approximately USD 186 million, up from USD 52 million in Q1 2020. Net segment revenues* are expected to be approximately USD 75 million,.

TGS to Enhance Cross-Border Seismic Survey for Offshore Timor-Leste and Australia License Rounds

12 April 2021

Perth, Australia (12 April 2021) – TGS, a global provider of energy data and intelligence, today announced the reprocessing of Kyranis 3D, a large cross-border multi-client seismic survey covering blocks in current exploration license rounds offshore both Timor-Leste and Australia. This 9,024.

TGS Announces Delivery of Facies Map Browser v.4.6.0 in North West Europe

06 April 2021

Oslo, Norway (06 April 2021) – TGS, a global provider of energy data and intelligence, today announced the release of the North West Europe Facies Map Browser (FMB) 4.6.0. The industry supported FMB continues to provide operators a cost-efficient off-the-shelf interpretation tool, which coupled.

TGS Approves 2020 Financials

23 March 2021

Oslo, Norway (23 March 2021) – The Board of Directors of TGS-NOPEC Geophysical Company ASA has today approved the financial statements for 2020. The financial statements were prepared in accordance with IFRS. For a summary of changes from the preliminary annual accounts announced on 11 February.

TGS Announces New Organizational Structure to Meet Strategic Objectives

05 March 2021

On 11 February, TGS hosted a Capital Markets Day where the Company presented its future strategic priorities. Organizational changes to support the strategic plan have now been implemented. The New Energy Solutions (NES) business unit, which has been established to pursue opportunities related to.

TGS - Mandatory Notification of Trades

26 February 2021

Oslo, Norway (26 February 2021) – In February 2019, TGS implemented an Employee Share Purchase Plan (ESPP) pursuant to which eligible employees can purchase TGS common shares at a discount through payroll deductions. The ESPP operates in six-month periods, and at the end of each period, employees.

TGS Announces Q4 2020 Results and Establishment of New Energy Solutions Business Unit

11 February 2021

OSLO, NORWAY (11 February 2021) – TGS today reported interim financial results for Q4 2020. Figures based on Segment reporting. Please refer to the full Q4 2020 report for statements prepared according to IFRS.Net segment revenues (1) amounted to USD 120 million, a reduction of 48% from USD 232.

TGS Announces Initiation of a USD 20 Million Share Repurchase Program

11 February 2021

OSLO, NORWAY (11 February 2021) – TGS-NOPEC Geophysical Company ASA ("TGS" or the "Company") today announced that reflective of the Company's strong financial and liquidity position and cash flow outlook, the Board of Directors has authorized a share repurchase program of up to USD 20 million.The.

TGS Quarterly Dividend

11 February 2021

OSLO, NORWAY (11 February 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 1.18 per share) in Q1 2021.Key information.

TGS Capital Markets Day – Presentation and Webcast

09 February 2021

OSLO, Norway (9 February January 2021) – Further to the announcement on 21 January 2021, TGS will host its Capital Markets Day on 11 February 2021.