Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces 3D multi-client onshore survey in South Central Alberta, Canada

22 August 2013

CALGARY, CANADA (22 August 2013) - TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, announces a new 3D multi-client onshore survey, Three Hills East, covering 150 km2 (58 mi2) in the south central plains of Alberta, Canada. The Three Hills East survey is designed to evaluate.

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TGS commences multi-client 2D survey in Northeast Greenland

19 August 2013
ASKER, NORWAY (19 August 2013) - TGS has commenced expansion of a 2D multi-client survey in Northeast Greenland.   The survey, NEG13, will enable customers to prepare for the announced Greenland Licensing Round in 2013/2014. Due to favorable ice conditions, TGS expects to acquire 4,200 km of 2D.
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TGS announces three new offshore multi-client surveys

01 August 2013
ASKER (1 August 2013) - TGS announces three new multi-client surveys; a 3D survey in UK West of Shetlands and two 2D surveys offshore Newfoundland-Labrador. Rona Ridge 2013 (RR13) is a 2,420 km 2  3D survey that will provide the industry's first 3D data in the highly prospective UK West Shetland.
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TGS announces Q2 2013 EBIT of USD 98 million

01 August 2013

SKER, NORWAY (1 August 2013) - TGS reports net revenues of USD 210 million in Q2 2013, compared to USD 215 million in Q2 2012. Earnings before interest and taxes (EBIT) totaled USD 98 million, corresponding to an EBIT margin of 47%. The Company's net late sales totaled USD 155 million, up 43% from.

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