TGS ASA TGS

OSLO, Norway (August 19, 2026) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a streamer acquisition contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026, with the survey expected to have a duration of approximately 110 days. Kristian Johansen, CEO of TGS, commented: "We are very pleased to secure this contract award, which extends our streamer acquisition backlog well into the first qua

OSLO, Norway (18 August 2026) – TGS, a leading provider of energy data and intelligence, has been awarded a multi-year contract by an international oil company (IOC) for the development and delivery of AI-powered seismic foundation model capabilities and intelligent subsurface interpretation. The multi-year contract will leverage TGS Seismic Foundation Model (TGS SFM) to accelerate structural and stratigraphic interpretation, enhancing subsurface evaluation and interpretation across selected exp

OSLO, Norway (18 August 2026) - TGS, a global provider of energy data and intelligence, announces the Sarawak Phase 4 multi-client program offshore Malaysia, covering approximately 1,020 square kilometers. The Ramform Sovereign is scheduled to mobilize for the survey in the fourth quarter and acquisition is expected to be completed in December 2026. The survey is the fourth phase of a multi-client contract to acquire and process up to 105,000 square kilometers of multi-client 3D seismic data in

Oslo, Norway (17 August 2026) - Reference is made to the stock exchange announcement on 11 August 2026 published by TGS regarding vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs).The vesting of PSUs and RSUs granted by TGS in 2023 in accordance with the terms of the 2023 Long Term Incentive Plan resulted in the right for a total of 160 participants to request the issuance of an aggregate of up to 371,224 shares of TGS common stock pursuant to free-standing warrants sub

OSLO, Norway (10 August 2026) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a 4D streamer acquisition contract offshore Australia. The Ramform Sovereign is scheduled to mobilize in December, with the survey expected to have a duration of close to 50 days. Kristian Johansen, CEO of TGS, commented: "We are very pleased to secure this contract award, which provides visibility into the first quarter of 2027. The award from a repeat client demonstrates

This article first appeared on GuruFocus. TGS ASA (TGSGY) recently announced a total dividend of $0.16 per share, with the ex-dividend date set for 2026-08-03. This payment includes a $0.16 per share cash dividend payable on 2026-08-24.

OSLO, Norway (28 July 2026) – TGS, a leading global provider of energy data and intelligence, is pleased to announce the award of an OBN contract in the AMME region. A deep-water crew is scheduled to mobilize in Q4, and the project has a duration of approximately 100 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this OBN contract, which extends into 2027. This award from a repeat customer highlights the strength of our integrated business model and broad presence

Oslo, Norway (22 July 2026) – TGS, a leading provider of energy data and intelligence, today announced the commencement of the Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland and Labrador, Canada. The project will upgrade approximately 13,300 km² of 3D seismic data across one of the most prospective exploration regions in the North Atlantic. The project is designed to enhance imaging quality and subsurface understanding across the survey area, helping exploration companies more

OSLO, Norway (22 July 2026) – TGS, a leading provider of energy data and intelligence, is pleased to announce the Atlantic Margin South Reprocessing project, located in the Norwegian Sea. The project area covers more than 23,000 square kilometers of 3D data over this underexplored part of the Norwegian continental shelf (NCS). The data will go through a comprehensive pre-stack depth migration (PSDM) flow to resolve imaging challenges in the area related to intrusive and extrusive volcanic rocks.

TGS ASA previously guided that IFRS revenues for the second quarter of 2026 would be approximately US$373 million, compared with US$334.2 million in the same quarter of 2025, indicating a planned year-over-year increase in reported sales. This higher revenue guidance suggests stronger-than-anticipated activity in TGS’s geoscience data business, a key indicator of client demand for exploration-related services. We’ll now assess how this updated Q2 2026 revenue guidance interacts with TGS’s...

TGS (OB:TGS) recently issued new revenue guidance, stating that it expects IFRS revenues of about US$373 million for the second quarter of 2026, compared with US$334.2 million in the same quarter of 2025. See our latest analysis for TGS. The revenue guidance comes as TGS shares trade at NOK130.8, with the stock giving up 12.57% on a 30 day share price basis but still posting a 39.15% share price return year to date and a 72.66% total shareholder return over the past year. This suggests that...

Enverus today announced the acquisition of the A2D well log library and associated data products from TGS ASA, adding the world's largest commercial well log database to the Enverus platform.

OSLO, Norway (8 July 2026) – TGS, a leading global provider of energy data and intelligence, routinely publishes a quarterly operational update six working days after quarter-end. The table below shows TGS’ normalized Ocean Bottom Node (OBN) crew count¹: Q2 2026Q2 2025Normalized crew count Contract11.11.7Normalized crew count Multi-client10.61.1 1) The table shows the average number of crews in operation when assuming a normalized crew size. The table below shows TGS’ allocation of active seismi

BluEnergies Ltd. (TSXV: BLU) ("BLU" or the "Company") is pleased to provide an operations update on the work program currently being conducted on the blocks LB-26, LB-30 and LB-31 (the "Blocks") jointly with TotalEnergies (NYSE: TTE) ("TTE") in the Harper Basin, offshore Liberia.

OSLO, Norway (18 June 2026) - TGS, a global provider of energy data and intelligence, in joint venture¹ with SLB, announce the Pelotas Sul Phase 1 multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil. The survey covers approximately 13,500 square kilometers. The Ramform Tethys mobilized for the survey in December 2025, with data acquisition expected to be completed in early Q3 2026. The project marks a significant step in expanding TGS’ high‑quality seismic coverage acros

OSLO, Norway (21 May 2026) – TGS, a leading global provider of energy data and intelligence, is pleased to announce the award of an OBN contract in the Norwegian North Sea. Mobilization will start in June, and the contract has a duration of approximately 25 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure additional OBN work offshore Norway for the 2026 summer season. We already have an acquisition campaign ongoing for our node-on-a-rope crew, and this contract will

Wondering if TGS at NOK147.10 is still offering value after a strong run, or if most of the opportunity is already priced in. The stock has had a mixed short term patch, falling 7.0% over the last week, but remains up 19.6% over the last month, 56.5% year to date and 88.7% over the past year. Recent coverage of TGS has focused on its position in energy data and services, which helps explain why investors have been willing to re rate the stock over the past year. Headlines have also...