Press Releases

Up-to-Date Business Announcements from TGS

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TGS, BGP, CGG Commence Acquisition of Suriname 3D Phase 1

11 November 2021

OSLO, Norway (11 November 2021) – Further to the announcement on October 20, 2021 of a signed agreement with Staatsolie for multi-client programs offshore Suriname, TGS, acting as the marketing and licensing lead in a consortium with CGG and BGP, today announced that acquisition for Phase 1 of the.


TGS, BGP, CGG Sign Agreement with Staatsolie for Multi-Client Programs Offshore Suriname

20 October 2021

OSLO, Norway (20 October 2021) - TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP, today announced the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the Republic of Suriname..


TGS and AustinBridgeporth to Acquire World’s Highest Resolution Gravity Data Over Egypt

12 December 2019

ASKER, Norway (12 December 2019)TGS, in partnership with AustinBridgeporth, has been granted exclusive rights to acquire the world’s highest resolution gravity imagery, eFTG (enhanced Full Tensor Gravity Gradiometry), within Egypt. The first phase, which surveys the Upper Egypt region, was.


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.


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.


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.


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:


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.


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.


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.