Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces expansion of North-West African Atlantic Margin 2D seismic survey

28 October 2016

ASKER, NORWAY (28 October 2016) - TGS announces the expansion of its NWAAM multi-client library in the MSGBC Basin with plans to acquire more than 11,500 km of long-offset broadband 2D seismic data as well as magnetic and gravity data, in the Republic of Guinea, Guinea Bissau and the AGC joint.

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TGS reports Q3 2016 results with positive cash flow development; quarterly dividend maintained

28 October 2016

ASKER, NORWAY (28 October 2016) - TGS reported net revenues of USD 113 million in Q3 2016, flat with the prior Quarter (USD 114 million in Q2 2016).  Operating profit for the quarter was USD 11 million (10% of net revenues).  With customer activity remaining stable from Q2 to Q3 2016, TGS was able.

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TGS Q3 2016 webcast and teleconference

21 October 2016

ASKER, NORWAY (21 October 2016) - TGS will release the financial statement for Q3 2016 on 28 October 2016 at approximately 7:00 am CEST.

Kristian Johansen (CEO) and Sven Børre Larsen (CFO) will present the results at 9:00 am CEST at the Hotel Continental (Teatersalen) in Oslo, Norway.  The.

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Q3 2016 Update

07 October 2016
ASKER, NORWAY (7 October 2016) - Based on preliminary reporting from operating units, TGS management expects net revenues for the third quarter of 2016 to be approximately USD 113 million, around 17% higher than the average of analyst estimates. Multi-client investments for the third quarter are.
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TGS Achieves Mexico Seismic Milestone

04 October 2016

HOUSTON (4 OCT 2016) TGS has completed acquisition of its 186,000 kilometer Gigante seismic survey in Mexico.  Acquisition of this survey began in June 2015 with five seismic vessels contracted to acquire a dense, modern, long offset regional 2D seismic grid.