Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brasil

21 February 2019

 HOUSTON (21 February 2019) – TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brazil. The survey will cover approximately 11,200 km2 within the granted permit area and will be acquired by Shearwater with the Amazon Warrior.

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TGS and CGG announce the Greater Castberg TopSeis survey in the Barents Sea

11 February 2019

 ASKER, NORWAY (11 February 2019) -CGG and TGS announce the Greater Castberg TopSeis™ survey in the Barents Sea. The survey is 5,000 sq km, and will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology.

The survey will include the highly.

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TGS announces Q4 2018 Earnings Release

07 February 2019

ASKER, NORWAY (7 February 2019) - TGS reported net revenues of USD 188 million in Q4 2018 compared to USD 157 million in Q4 2017, corresponding to a growth of 20%.  Operating profit for the quarter was USD 68 million (36% of net revenues) and net income was USD 61 million resulting in earnings per.

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Agenda Capital Markets Day - 7 February 2019

05 February 2019

ASKER, NORWAY (5 February 2019) - As previously announced TGS will host its Capital Markets Day in Oslo, Norway, at CET 09.00 am on 7 February 2019. The agenda for the event has now been published:

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TGS to host Capital Markets Day and release Q4 2018 results on 7 February 2019

14 January 2019

ASKER, NORWAY (14 January 2019) - TGS will release the interim financial statement for Q4 2018 along with 2019 guidance on 7 February 2019 at approximately CET 7:00 am. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results and 2019 guidance during the company's Capital Markets.

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Q4 2018 Revenue Update

09 January 2019

ASKER, NORWAY (9 January 2019) - Based on preliminary reporting from operating units, TGS management expects net revenues for the fourth quarter of 2018 to be approximately USD 188 million.

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TGS announces strategic collaboration for ocean bottom node projects in North Sea

12 November 2018

ASKER, NORWAY (12 November 2018) - TGS announces a strategic collaboration with Axxis Geo Solutions (AGS) for multi-client ocean bottom node projects in the North Sea.  The area of mutual interest covers the core part of the central North Sea up to and including the Utsira area.  Under this.

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TGS announces Q3 2018 Results with earnings per share up 78%

01 November 2018

ASKER, NORWAY (1 November 2018) - TGS reported net revenues of USD 141 million in Q3 2018, compared to USD 142 million in Q3 2017. TGS continued to see improvement in late sales which at USD 106 million were up 35% compared to Q3 2017.  Operating profit for the quarter was USD 24 million (17% of.

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Q3 2018 Webcast and Teleconference

25 October 2018

ASKER, NORWAY (25 October 2018) - TGS will release its Q3 2018 results at approximately 07:00 CET on 1 November 2018. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CET at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the.

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TGS and Spectrum announce collaboration on expanded Santos Basin Multi-Client 3D Survey

16 October 2018

ASKER, NORWAY (16 October 2018) - TGS and Spectrum have joined forces and expanded the Santos 3D program to 15,000 square kilometers over the prospective southern Santos Basin offshore Brazil. TGS and Spectrum will be equal partners with data processing and imaging to be performed by TGS.  The.

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