Press Releases

Q1 2018 Revenue Update

ASKER, NORWAY (10 April 2018) - Based on preliminary reporting from operating units, TGS management expects net revenues for the first quarter of 2018 to be approximately USD 135 million, 56% higher than Q1 2017.

"We are very pleased with our Q1 revenue performance, particularly given that over 85% comes from late sales attributed to the existing data library.  With all regions performing above our expectations, we see this as another sign of an underlying improvement in the market," commented Kristian Johansen, CEO, TGS.