Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces Q1 revenues of USD 172 million

23 April 2015

ASKER, NORWAY (23 April 2015) - TGS reported net revenues of USD 172 million in Q1 2015, compared to USD 222 million in Q1 2014.  Net late sales were weaker than anticipated at USD 72 million, reflecting a deterioration in seismic demand as energy companies significantly reduced exploration.

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TGS announces agreement to acquire new 3D P-Cable data in Norwegian Barents Sea

21 April 2015
ASKER, NORWAY (21 April 2015) - TGS announces that it has signed an agreement with Thalassa Holdings Ltd/WGP to acquire P-Cable 3D seismic data in the Norwegian Barents Sea.  The activity is expected to last for 90 days and will commence in April 2015. 
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TGS Q1 2015 webcast and teleconference

20 April 2015

ASKER, NORWAY (20 April 2015) - TGS will publish its Q1 2015 results at approximately 08:00 Central European time on 23 April 2015. At the same time, a recorded presentation with audio by CEO Robert Hobbs and COO / CFO Kristian Johansen will be made available at www.tgs.com.

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TGS announces joint venture agreement to acquire new Multi-Client 3D in Barents Sea

16 April 2015
ASKER, NORWAY (16 April 2015) - TGS announces that it has signed a joint venture agreement with Dolphin Geophysical (DOLP) to acquire 4,500 km 2  3D multi-client seismic survey over the western part of the Hammerfest Basin in the Barents Sea. The survey will provide industry with broadband data over.
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TGS calls for 2015 ordinary general meeting

13 April 2015

ASKER, NORWAY (13 April 2015) - The TGS Ordinary General Meeting will be held on 6 May 2015 at Hotel Continental, Stortingsgata 24/26 in Oslo at 17:00 CET. Registration of attendees will begin at 16:30 CET.

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TGS – Q1 update

13 April 2015

ASKER, NORWAY (13 April 2015) - Today, TGS announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015.  Based on preliminary reporting from operating units, TGS management now expects net revenues for the first quarter of 2015 to.

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TGS annual report 2014

10 April 2015

ASKER, NORWAY (10 April 2015) - TGS today publishes its annual report for 2014, including a corporate sustainability section.                                                                                                                                         

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TGS announces LOA for 3D surveys in Northwest Europe

09 April 2015
ASKER, NORWAY (9 April 2015) - TGS announces that it has signed a Letter of Award (LOA) with Polarcus DMCC to acquire 3,000 km 2  of 3D seismic data in Northwest Europe with a potential extension of up to a total of 7,000 km 2 . The activity is expected to commence in April 2015 subject to the issuance.
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