Press Releases

Up-to-Date Business Announcements from TGS

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TGS commences new multi-client 3D wide azimuth survey in Gulf of Mexico

23 May 2012

HOUSTON (23 May 2012) - TGS has commenced acquisition of a 3D multi-client wide azimuth (WAZ) survey covering over 3,500 km in the Gulf of Mexico.

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TGS announces expansion of multi-client 3D survey in the Northern North Sea

22 May 2012

ASKER, NORWAY (22 May 2012) - TGS has commenced acquisition of a 3D multi-client survey covering 4,000 km2 in the Northern North Sea near the southern Møre Basin.

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TGS commences two multi-client 2D surveys in Northwest Europe

21 May 2012
ASKER, NORWAY (21 May 2012) - TGS has commenced the Europe 2012 summer season with two multi-client 2D surveys in cooperation with Fugro; North Sea Renaissance 2012 (NSR12) and Norwegian Barents Sea 2012 (NBR12). The NSR12 survey is 8,200 km and is a regional infill West of Shetland. The NBR 12.
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TGS signs data release agreement for UK onshore and offshore wells

16 May 2012
LONDON (16 May 2012) - TGS has entered into new data release agreements with the UK Department of Energy and Climate Change (DECC) and the British Geological Survey (BGS). These agreements permit TGS to release new and historical data for all onshore and offshore wells in the UK. The well data,.

TGS acquires Volant Solutions

11 May 2012
HOUSTON (11 May 2012) - TGS announced today that its Geological Products division purchased all the outstanding shares of Volant Solutions Inc.  Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of.
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TGS calls for 2012 annual general meeting

11 May 2012
ASKER, NORWAY (11 May 2012) - The TGS Annual General Meeting will be held on 5 June 2012 at Shippingklubben, Haakon VII's gate 1 Oslo at 17:00 CET. Registration of attendees will begin at 16:30 CET.   Notice of Annual General Meeting 2012:  English and Norwegian  Attendance and Proxy Form 2012 :  .
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TGS commences industry’s first multi-client 3D survey in Erlend Basin, UK, West of Shetlands

10 May 2012

ASKER, NORWAY (10 May 2012) - TGS has commenced acquisition of a 3D multi-client survey covering 3,210 km2 in the Erlend Basin on the UK Continental Shelf, West of Shetlands. This is the first multi-client 3D survey in the Erlend Basin and builds on the improved imaging shown by the reprocessed TGS.

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TGS announces Q1 2012 revenues of USD 191 million

03 May 2012

ASKER, NORWAY (3 May 2012) - TGS reports net revenues of USD 191 million in Q1 2012, compared to USD 132 million in Q1 2011, a 45% increase.  This is the highest quarterly revenue figure in the Company's history.  Investments were USD 101 million, up 132%.  TGS' backlog amounted to USD 242 million.

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