Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces plans to commence 3D multi-client survey offshore Angola

18 January 2012

HOUSTON (18 January 2012) - TGS has reached final agreement with Sonangol E.P. to commence acquisition of a 3D multi-client survey covering nearly 12,500 km2 offshore Angola.  The survey will initially commence over blocks 36 and 37 in late January, then continue over block 35 with acquisition.

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TGS 2012 guidance

10 January 2012

ASKER, NORWAY (10 January 2012) - TGS announces 2012 full year guidance today. 

The guidance is as follows:

  • Multi-client investments  USD 315 - 365 milion
  • Average pre-funding 50 - 60%
  • Average multi-client amortization rate 41 - 47%
  • Net revenues  USD 700 - 760 million
  • Contract revenues.
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TGS 2012 guidance webcast and teleconference

03 January 2012

ASKER, NORWAY (3 January 2012) - TGS will publish its 2012 full year guidance at approximately 08:00 CET Norwegian time on 10 January 2012 as previously mentioned on 3 November 2011 during the Q3 2011 earnings release.  At the same time, a recorded presentation with audio by CEO Robert Hobbs and.

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