Press Releases

Up-to-Date Business Announcements from TGS

Posts by Date

TGS Announces New Executive Team to Support Growth Strategy

29 August 2019

Reference is made to TGS’ press release of 14 August 2019 announcing the closing of the acquisition of Spectrum ASA.

TGS Completes Acquisition of Spectrum

14 August 2019

Oslo, Norway (14 August 2019) - TGS-NOPEC Geophysical Company ASA ("TGS", OSE: TGS) announced today that it has completed its acquisition of Spectrum ASA (“Spectrum”, OSE: SPU), creating a leading global multi-client geophysical data provider. TGS first announced its intent to acquire Spectrum on 2.

TGS Awarded Five-Year Contract Extension by BSEE

05 August 2019

Houston, Texas (5 Aug 2019) – TGS-NOPEC Geophysical Company (TGS) has been awarded a five-year contract for Digital Well Log Data Processing with the United States Department of the Interior, Bureau of Safety and Environmental Enforcement (BSEE), a federal agency tasked with overseeing offshore oil.

TGS Quarterly Dividend

25 July 2019

ASKER, NORWAY (25 July 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 2.34 per share) in Q3 2019.

TGS announces Q2 2019 results

25 July 2019

ASKER, NORWAY (25 July 2019) – TGS today reported net revenues* of USD 166 million for Q2 2019, a growth of 5% compared to USD 158 million in Q2 2018, despite a decrease in revenues from transfer fees. The strong performance was mainly driven by improved sales momentum in Latin America and North.

TGS and EnergyIQ Announce Collaboration to Launch EIQ TGS Data Loader

23 July 2019

Houston, Texas (July 23, 2019) – TGS, a leading provider of multi-client geoscience and engineering data for Exploration & Production companies, today announced the EIQ TGS Data Loader, developed in collaboration with EnergyIQ. Now, companies can automatically blend industry leading data with.

Q2 2019 Presentation and Webcast

16 July 2019

ASKER, NORWAY (16 July 2019)  TGS will release its Q2 2019 results at approximately 07:00 CEST on 25 July 2019. Kristian Johansen, CEO, and Sven Børre Larsen, CFO, will present the results at 09:00 CEST at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the.

Q2 19 Revenue Update

08 July 2019

ASKER, NORWAY  (8 July 2019) Based on preliminary reporting from operating units, TGS management expects net segment revenues* for the second quarter of 2019 to be approximately USD 168 million.

TGS and PGS Announce Partnership with Bain Geophysical to Create Crustal Study Offshore East Canada

24 June 2019

Houston, Texas (24 June 2019) – Building on their decade-long partnership for Eastern Canada seismic/gravity surveys, TGS and PGS have announced a partnership with Bain Geophysical Services to create a new regional study of the crust offshore Newfoundland and Labrador. 

Shareholders Approve the Transaction of TGS to Acquire Spectrum

21 June 2019

Asker, Norway (21 June 2019) – Following the announcement on 20 May 2019 concerning the merger plan between TGS-NOPEC Geophysical Company ASA and Spectrum ASA, an extraordinary general meeting of TGS was held today at the offices of the law firm Schjødt, at Ruseløkkveien 16, in Oslo at 17:00 CET.