Press Releases

Up-to-Date Business Announcements from TGS

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TGS Q3 2021 Earnings Update

08 October 2021

OSLO, Norway (8 October 2021) - Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the third quarter of 2021 to be approximately USD 200 million, compared to USD 58 million in Q3 2020. Net segment revenues* are expected to be approximately USD 61.

TGS - New Share Capital Registered and Mandatory Notification of Trade

06 October 2021

OSLO, Norway (6 October 2021) - Reference is made to the stock exchange announcement on 3 August 2021 published by TGS regarding vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs).As a consequence of the vesting as announced on 3 August 2021, TGS has now issued 187,819.

TGS Commences New 2D Seismic Campaign Offshore Mauritania

14 September 2021

OSLO, Norway (14 September 2021) - TGS is commencing a new seismic survey in the MSGBC Basin, offshore Mauritania, adding to the successes of the North-West Africa Atlantic Margin (NWAAM) 2D campaign. The survey, NWAAM 2021, will comprise 7,500 kilometers of seismic data, with a modern broadband.

TGS Management Change

15 August 2021

OSLO, NORWAY (16 August 2021) - TGS ASA today announced that Fredrik Amundsen has resigned from his position as CFO. The company has appointed Sven Børre Larsen as interim CFO effective immediately. Mr. Larsen held the CFO position from 2015 to 2019 and has since been responsible for Strategy, M&A,.

TGS Vesting Under the 2018 Long-term Incentive Plan

03 August 2021

OSLO, Norway (3 August 2021) - In accordance with the measures approved by the shareholders of TGS at the Annual General Meeting on 8 May 2018, the Board of Directors of TGS ASA authorized TGS to grant Performance Stock Units (PSUs), Performance Restricted Stock Units (P-RSUs), and Restricted Stock.

TGS Quarterly Dividend

22 July 2021

OSLO, NORWAY (22 July 2021) – Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.25 per share) in Q3 2021.Key information relating to the cash dividend:

TGS Announces Q2 2021 Results

22 July 2021

OSLO, Norway (22 July 2021) - TGS today reported interim financial results for Q2 2021.Net IFRS revenues amounted to USD 72 million in Q2 2021, an increase of 9% compared to Q2 2020 and USD 7 million higher than the preliminary earnings update July 8th. EBITDA was USD 50 million, and the operating.

Seismic Consortium to Begin Multi-client Survey in Sarawak Basin

21 July 2021

OSLO, Norway (22 July 2021) - TGS, a global provider of energy data and intelligence, together with PGS and WesternGeco®, the exploration data business line of Schlumberger, have secured pre-funding for a 6,400 square kilometer multi-client 3D survey commencing in October in the Sarawak Basin,.

TGS – Q2 2021 Presentation and Conference Call

15 July 2021

OSLO, Norway (15 July 2021) – Following the pre-announcement of Q2 2021 revenues, TGS will release its entire Q2 2021 results at 7:00 am CET on 22 July 2021. A pre-recorded presentation of the results and business update featuring CEO Kristian Johansen and CFO Fredrik Amundsen will be released at.

TGS Q2 2021 Earnings Update

08 July 2021

OSLO, Norway (8 July 2021) - Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the second quarter of 2021 to be approximately USD 65 million, compared to USD 66 million in Q2 2020. Net segment revenues* are expected to be approximately USD 54.