In addition to our extensive global geophysical and geological data libraries, we also offer advanced processing and imaging services, interpretation products, and robust data-application integration. Access the industry’s largest volume of geoscience data through TGS’ cloud-based web portal, R360.R360 Login
TGS places great emphasis on providing accurate and timely information to the market and shareholders. Our flexible, asset-light business model and ability to adjust costs rapidly continue to allow us to deliver significant shareholder value—even in a difficult market.Learn More
It is our vision to become the leading energy information company with the best people, quality and service. Our unique culture, people and quality library will ensure that when E&P companies think geoscientific data, they think TGS.Discover How
At TGS, we place great emphasis on providing accurate and timely information on our performance and projects to the market and shareholders. Here you can access our latest news, download articles or technical papers from our library, or learn more about our upcoming conferences and events.Discover How
Our most important competitive advantage is our people. The outstanding work of our project developers, geologists, geoscientists, data processors, sales and support people has made TGS the leading multi-client player. They’re the reason TGS delivers superior project quality and financial performance year after year.Discover How
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Asker, Norway (16 April 2020) – In a unanimous decision by Borgarting Appeal Court issued today, TGS-NOPEC Geophysical Company ASA was acquitted of Økokrim’s charge for alleged contribution to violations of the Norwegian tax law by Skeie Energy AS in connection with tax refunds received by Skeie for purchases of seismic data from TGS in 2009.
The Appeal Court decision follows TGS’ appeal of the Oslo City Court’s split decision of 5 October 2018 in which TGS was found guilty according to the Økokrim charge and sentenced to a fine of NOK 90 million (approximately USD 8.6 million).
TGS has previously disclosed the charges from Økokrim in an announcement on 6 May 2014 and in subsequent financial statements.
TGS is satisfied with the decision, which is in line with the view the Company has argued since the case materialized in 2014.
TGS provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information, please contact:
Sven Børre Larsen, EVP Strategy and M&A, Tel: +47 90 94 36 73, E-mail: firstname.lastname@example.org