Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces new Multibeam and Seep Study Project offshore Brazil

03 April 2018

ASKER, NORWAY (3 April 2018) - TGS announces the Brazil Southern Basins SeaSeep Project in the Campos and Santos Basins, offshore Brazil. The project will cover existing TGS surveys in these hydrocarbon rich basins as well as the highly prospective Pre Salt trend where many untested structures.

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TGS announces 2018 Guidance

08 February 2018

ASKER, NORWAY (8 February 2018) - During 2017 TGS acquired a record-high amount of 3D data at historical low cost. At the same time the company achieved industry-leading financial returns and strong free cash flow development, paving the way for an increase of 33% of the quarterly dividend in Q1.

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TGS announces Q4 2017 Results with Full Year revenues up 8%

08 February 2018

ASKER, NORWAY (8 February 2018) - TGS reported net revenues of USD 157 million in Q4 2017 driven by strong late sales.  Full year 2017 net revenues were USD 492 million.  Operating profit for the quarter was USD 52 million, up 23% compared to Q4 2016.  This resulted in full year operating profit of.

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TGS expands its 2018 onshore seismic activity with new project in the Anadarko Basin

07 February 2018

HOUSTON, TX (7 February 2018) - TGS announces expansion of its 2018 onshore seismic activity with the Canton 3D seismic survey in the Anadarko Basin. This project will encompass a minimum of 452 square miles north of TGS' Loyal Complex, targeting the high potential Mississippian Chester, Osage and.

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TGS announces Mexico well data award

05 February 2018

HOUSTON, TX (5 February 2017) - TGS announces that it has obtained commercial authorization from the Mexican regulator, Comisión Nacional de Hidrocarburos (CNH), to process its entire library of more than 30,000 wells in Mexico.  This award grants TGS the right to process and deliver high-quality,.

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TGS Q4 2017 Financial Results and 2018 Guidance

31 January 2018

ASKER, NORWAY (31 January 2018) - TGS will release its Q4 2017 financial results along with 2018 guidance at approximately 07:00 CET on 8 February 2018.  CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 CET at the Felix Konferansesenter, Bryggetorget 3, Oslo, Norway.

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TGS announces three new onshore seismic projects in North America

16 January 2018

ASKER, NORWAY (16 January 2018) - TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins. 

The West Hackberry 3D multi-client seismic survey is located north of TGS' Loyal 3D Complex in the Anadarko Basin. This new project will.

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TGS announces Alonso 3D multi-client project in US GOM

21 December 2017

ASKER, NORWAY (21 December, 2017) - TGS announces new multi-client acquisition project, Alonso 3D in the US Gulf of Mexico.

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TGS and Schlumberger Announce New 2D Multi-client Project in Egyptian Red Sea

20 December 2017

ASKER, NORWAY (20 December 2017) - TGS-NOPEC Geophysical Company (TGS) and Schlumberger today announced a new 2D seismic project offshore Egypt.

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TGS announces Q3 2017 Results with revenues up 25%

26 October 2017

ASKER, NORWAY (26 October 2017) - TGS reported net revenues of USD 142 million in Q3 2017, up 25% from Q3 2016. Operating profit for the quarter was USD 26 million, up from USD 11 million in Q3 2016. Cash flow from operations was USD 86 million resulting in a cash balance of USD 205 million in.

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