Press Releases

Up-to-Date Business Announcements from TGS

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TGS Announces Espirito Santo Multi-Client 3D Survey Offshore Brazil

13 January 2021

OSLO, NORWAY (13 January 2021) - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the commencement of the Espirito Santo multi-client 3D seismic survey offshore Brazil – previously publicized on 18 November 2020. This survey,.

TGS - Q4 2020 Earnings Update

11 January 2021

OSLO Norway (11 January 2021) - Based on preliminary reporting from operating units, TGS management expects net segment revenues for the fourth quarter of 2020 to be approximately USD 118 million.Kristian Johansen, CEO at TGS, stated, “As expected, we saw a seasonal uptick in the activity level.

TGS Announces New Projects and Updates Annual Investment Guidance

18 November 2020

OSLO, NORWAY (18 November 2020) - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today commenced the Malvinas 3D program in Argentina. This survey was first announced to the market August 4, 2020. The BGP vessel Prospector will acquire.

TGS Quarterly Dividend

29 October 2020

OSLO, NORWAY (29 October 2020) – Following the authorization from the Annual General Meeting on 12 May 2020, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.125 per share (NOK 1.17 per share) in Q3 2020.Key information.

TGS Announces Q3 2020 Results

29 October 2020

OSLO, NORWAY (29 October 2020) – TGS today reported its results for the third quarter of 2020.Net segment revenues1 for the quarter amounted to USD 80.6, made up by pre-funding revenues of USD 17.4 million, late sales of USD 60.7 million, and proprietary revenues of USD 2.5 million. Net segment.

PETRONAS Awards Multi-Client Programs in Sarawak Basin to Seismic Consortium

26 October 2020

OSLO, Norway (26 October 2020) – The seismic consortium comprising PGS, TGS and WesternGeco has been awarded a multi-year contract by PETRONAS through competitive bidding to acquire and process up to 105,000 square kilometers of multi-sensor multi-client 3D data in the Sarawak Basin, offshore.

TGS Adds to Offshore Nigeria Data with New Coring Project

21 October 2020

OSLO, Norway (21 October 2020) – TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced the recommencement of the geochemical coring project offshore Nigeria. The initiative is part of an anomaly targeting program focusing on the previously.

TGS – Q3 2020 Presentation and Conference Call

09 October 2020

OSLO, Norway (9 October 2020) – Following the pre-announcement of Q3 2020 revenues, TGS will release its entire Q3 2020 results at 7:00 am CEST on 29 October 2020. A pre-recorded presentation of the results and business update featuring CEO Kristian Johansen and CFO Fredrik Amundsen will be.

TGS - Q3 2020 Revenue Update

08 October 2020

OSLO, NORWAY (8 October 2020) - Based on preliminary reporting from operating units, TGS management expects net segment revenues for the third quarter of 2020 to be approximately USD 81 million. Kristian Johansen, CEO at TGS, stated, “The market remained challenging during the third quarter with.

TGS Acquires Pioneering New OBN Survey in Atlantic Margin

24 August 2020

Oslo, Norway (24 August 2020) – TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced the successful deployment of a pioneering sparse ocean bottom node (OBN) survey in the Atlantic Margin off the coast of mid Norway. This initial study.