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TGS Quarterly Dividend

ASKER, Norway, Aug. 03, 2017 (GLOBE NEWSWIRE) — Following the authorization from the Annual General Meeting on 9 May 2017, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.15 per share (NOK 1.19 per share). Key information relating to the cash dividend: […]

TGS announces Q2 2017 Results

ASKER, Norway, Aug. 03, 2017 (GLOBE NEWSWIRE) — TGS reported net revenues of USD 108 million in Q2 2017, slightly below Q2 2016 but up 25% from Q1 2017. Strong cash flow from operations of USD 59 million was a significant improvement from USD 9 million in Q2 2016. Quarterly dividend will be maintained at […]

TGS and PGS Announce Fourth 3D Seismic Project Offshore Eastern Canada

ASKER, Norway, May 26, 2017 (GLOBE NEWSWIRE) — TGS and Petroleum Geo-Services (“PGS”) announce the fourth 3D seismic project offshore Eastern Canada for 2017. Long Range 3D will comprise approximately 9,100 km2 of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be included in the November 2018 licensing […]

TGS demonstrates counter-cyclical strategy as it increases 2017 Investment Guidance

ASKER, Norway, May 23, 2017 (GLOBE NEWSWIRE) — TGS demonstrates counter-cyclical strategy as it increases 2017 Investment Guidance to approximately USD 260 million.  TGS has successfully secured prefunding commitments from clients to support additional multi-client investments in 2017.  The new investment guidance represents an increase of approximately 20% over 2016 multi-client investments. “I am delighted […]

TGS announces Crean 3D multi-client project in Ireland

ASKER, Norway, April 24, 2017 (GLOBE NEWSWIRE) — TGS announces new multi-client acquisition project, Crean 3D on the Irish Atlantic Margin. A photo accompanying this announcement is available at Crean 3D (CRN 3D) is a multi-client survey of more than 5,400 km2 located in the South Porcupine Basin between the Porcupine High and the […]

TGS annual report 2016

ASKER, Norway, April 11, 2017 (GLOBE NEWSWIRE) — TGS publishes its annual report for 2016, including a Corporate Sustainability Report and Declaration of Executive Remuneration. The report can be downloaded from or by clicking here. “We are pleased to release our Annual Report for 2016 and on behalf of the TGS family, I would like to […]