Press Releases

Up-to-Date Business Announcements from TGS

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TGS Q2 2018 webcast and teleconference

26 July 2018

ASKER, NORWAY (26 July 2018) - TGS will release its Q2 2018 results at approximately 07:00 CEST on 2 August 2018. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CEST at the Felix Conference Center, Aker Brygge, Oslo, Norway. The presentation is open to the public.

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TGS announces expansion of onshore seismic project in North America

20 July 2018

HOUSTON, TX (20 July 2018) - TGS announces expansion of its 2018 onshore seismic survey Dawson Phase II in Canada. 

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Q2 2018 Revenue Update

09 July 2018

ASKER, NORWAY (9 July 2018) - Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2018 to be approximately USD 158 million, 47% higher than Q2 2017.

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TGS announces addition to Australian data library

02 July 2018

ASKER, NORWAY (2 July 2018) - TGS signed a sale and purchase agreement to acquire the Australian Capreolus 3D Survey from Polarcus' multi-client library. The transaction is subject to the execution of ancillary agreements typical for a transaction of this nature with target closing date on or.

TGS and PGS announce more 3D multi-client acquisition Offshore East Canada

11 June 2018

ASKER, NORWAY (11 June 2018) - TGS and Petroleum Geo-Services ("PGS") announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition program.  This vessel will acquire a minimum 2,700 km2 of 3D seismic, including additional data within the 2017 Harbour.

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TGS announces its seventh onshore seismic project for 2018

07 June 2018

ASKER, NORWAY (7 June 2018) - TGS announces its seventh onshore seismic project for 2018, Dawson Phase II 3D seismic survey in Canada.

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TGS and PGS announce new Tablelands 3D multi-client project in Offshore East Canada

01 June 2018

ASKER, NORWAY (1 June 2018) - TGS and Petroleum Geo-Services ("PGS") announce the commencement of a new 3D multi-client project in East Canada. The new Tablelands 3D Geostreamer® survey will cover approximately 8,000 km² in an active Newfoundland area of the Flemish Pass and Orphan Basins..

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TGS and PGS announce new Nansen 3D multi-client project in Norway

29 May 2018

ASKER, NORWAY (29 May 2018) - TGS and Petroleum Geo-Services ("PGS") announce a new multi-client project in the Barents Sea. The new Nansen 3D Geostreamer® survey will cover ~6,100 km² in an active APA area of the Hammerfest Basin. Acquisition is expected to commence late May and is due to be.

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TGS announces Gigante 2D offshore Mexico

18 May 2018

HOUSTON (18 May 2015) - TGS announces Gigante, a 181,500 km regional 2D seismic survey in the Gulf of Mexico.

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TGS announces Q1 2018 Results with revenues up 56%

09 May 2018

ASKER, NORWAY (9 May 2017) - TGS took advantage of improved market conditions in Q1 2018, with reported net revenues of USD 135 million, up 56% from USD 86 million in Q1 2017. Strong free cash flow of USD 71 million resulted in an increased cash balance of USD 302 million. Quarterly dividend will.

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