Press Releases

Up-to-Date Business Announcements from TGS

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TGS and Schlumberger Announce New 2D Multi-client Project in Egyptian Red Sea

20 December 2017

ASKER, NORWAY (20 December 2017) - TGS-NOPEC Geophysical Company (TGS) and Schlumberger today announced a new 2D seismic project offshore Egypt.

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TGS announces Q3 2017 Results with revenues up 25%

26 October 2017

ASKER, NORWAY (26 October 2017) - TGS reported net revenues of USD 142 million in Q3 2017, up 25% from Q3 2016. Operating profit for the quarter was USD 26 million, up from USD 11 million in Q3 2016. Cash flow from operations was USD 86 million resulting in a cash balance of USD 205 million in.

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TGS Q3 2017 webcast and teleconference

19 October 2017

ASKER, NORWAY (19 October 2017) - TGS will release its Q3 2017 results at approximately 07:00 CEST on 26 October 2017. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST at the Hotel Continental (Teatersalen) in Oslo, Norway. The presentation is open to the.

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TGS Quarterly Dividend

03 August 2017

ASKER, NORWAY (3 August 2017) - Following the authorization from the Annual General Meeting on 9 May 2017, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.15 per share (NOK 1.19 per share).

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TGS announces Q2 2017 Results

03 August 2017

ASKER, NORWAY (3 August 2017) - TGS reported net revenues of USD 108 million in Q2 2017, slightly below Q2 2016 but up 25% from Q1 2017. Strong cash flow from operations of USD 59 million was a significant improvement from USD 9 million in Q2 2016. Quarterly dividend will be maintained at USD 0.15.

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TGS Q2 Webcast and Teleconference

26 July 2017

ASKER, NORWAY (27 July 2017) - TGS will release its Q2 2017 results at approximately 07:00 CEST on 3 August 2017. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST at the Hotel Continental, Stortingsgata 24/26 in Oslo, Norway. The presentation is open to the.

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TGS announces its second Permian seismic project in 2017

31 May 2017

ASKER, NORWAY (31 May 2017) - TGS announces its second Permian seismic project in 2017.  The West Lindsey 3D multi-client seismic survey is located to the southwest of the previously announced West Kermit 3D. This new project will encompass a minimum of 190 square miles predominantly in Reeves.

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TGS and PGS Announce Fourth 3D Seismic Project Offshore Eastern Canada

26 May 2017

ASKER, NORWAY (26 May 2017) - TGS and Petroleum Geo-Services ("PGS") announce the fourth 3D seismic project offshore Eastern Canada for 2017.  Long Range 3D will comprise approximately 9,100 km2 of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be.

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TGS demonstrates counter-cyclical strategy as it increases 2017 Investment Guidance

23 May 2017

ASKER, NORWAY (23 May 2017) - TGS demonstrates counter-cyclical strategy as it increases 2017 Investment Guidance to approximately USD 260 million.  TGS has successfully secured prefunding commitments from clients to support additional multi-client investments in 2017.  The new investment guidance.

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TGS and PGS Ramp Up 3D Activity Offshore Eastern Canada

23 May 2017

ASKER, NORWAY (23 May 2017) - TGS and Petroleum Geo-Services ("PGS") announce two new multi-client 3D seismic projects offshore Eastern Canada. Following on from the recently announced 2017 2D seismic campaign and the Cape Broyle 3D, the joint venture is now ramping up its 3D seismic acquisition in.

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