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
Products & Services featured content CTA would go in this area, promoting some of the company’s latest accomplishments.Products & Services featured content CTA would go in this area, promoting some of the company’s latest accomplishments.Discover How
ASKER, NORWAY (8 February 2018) - During 2017 TGS acquired a record-high amount of 3D data at historical low cost. At the same time the company achieved industry-leading financial returns and strong free cash flow development, paving the way for an increase of 33% of the quarterly dividend in Q1 2018. Market conditions support a strategy of counter-cyclical investment and in 2018 TGS expects to continue adding high volumes of data to its multi-client library at low unit costs, forming the basis for continued robust returns and cash flows going forward.
Based on the current plans TGS provides the following guidance for 2018:
"With its strong balance sheet, industry-leading cash flow and world class geoscience and project development expertise, TGS will continue to thrive in the current market conditions. Our library continues to grow and although the current base expectation is for relatively flat demand for seismic data in 2018, the risk is on the upside given the recent positive oil price trend," commented Kristian Johansen, CEO of TGS.