Press Releases

ASKER, NORWAY (8 August 2018) -TGS is pleased to announce that the purchase of the Capreolus 3D seismic survey from Polarcus has been completed. The Capreolus, full broadband 3D seismic survey is 22,130 km² and covers two hydrocarbon provinces with proven, but underexplored, oil and gas plays both.

HOUSTON, TX (2 August 2018) - TGS announces expansion of two 2018 onshore seismic surveys, Gloss Mountain 3D and Canton 3D, targeting the high potential Mississippian Chester, Osage and Meramec intervals in the core of the prolific SCOOP/STACK play of the Anadarko Basin. 

ASKER, NORWAY (2 August 2018) - TGS reported net revenues of USD 158 million in Q2 2018, up 47% from Q2 2017. Operating profit for the quarter was USD 54 million (34% of net revenues), the highest quarterly operating profit in four years. TGS' strong cash flow generation continued with free cash.

ASKER, NORWAY (2 August 2018) - TGS announces West of Shetlands project.

ASKER, NORWAY (28 July 2016) - TGS will release the preliminary financial statement for Q2 2016 on 4 August 2016 at approximately 7:00 am CEST.

ASKER, NORWAY (July 27, 2018) - TGS and PGS announce the commencement of a new 3D multi-client project in East Canada. The Lewis Hills 3D Geostreamer® survey will cover approximately 3,400 km² in an active Newfoundland area of the Flemish Pass Basin. Data will be acquired using the PGS Ramform.

ASKER, NORWAY (26 July 2018) - TGS will release its Q2 2018 results at approximately 07:00 CEST on 2 August 2018. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the public.

HOUSTON, TX (20 July 2018) - TGS announces expansion of its 2018 onshore seismic survey Dawson Phase II in Canada. 

ASKER, NORWAY (9 July 2018) - Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2018 to be approximately USD 158 million, 47% higher than Q2 2017.

ASKER, NORWAY (11 June 2018) - TGS and Petroleum Geo-Services ("PGS") announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition program.  This vessel will acquire a minimum 2,700 km² of 3D seismic, including additional data within the 2017 Harbour.