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TGS-NOPEC Geophysical Company Company News
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TGS Kicks Off Timor-Leste Offshore Seismic Project
Availability is expected from July 2020, with final deliverables estimated around September 2020.
8:00 PM EST | June 17, 2020
TGS Starts Seismic Project Offshore Europe
The AM20 5,600-square kilometer survey will be undertaken over a three-month period during the summer season.
8:00 PM EST | May 31, 2020
TDI-Brooks Completes Milestone Survey Offshore the Niger Delta
The survey is Nigeria's first regional multi-client Multibeam and Seafloor Sampling Study.
8:00 PM EST | May 14, 2020
TGS Shooting 3D Seismic in Texas and Alberta
Multi-client geoscience data provider TGS reported Thursday that it has begun acquisition of a pair of 3D seismic surveys--one in West Texas and the other in Alberta.
7:00 PM EST | February 09, 2020
States Look to Block Seismic Surveys in Atlantic
Attorneys general from 9 coastal states are intervening in a lawsuit aimed at blocking seismic surveys that could help pinpoint oil under Atlantic waters.
7:00 PM EST | December 19, 2018
Trump Admin to Advance Seismic Surveys in Atlantic
The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and gas under Atlantic waters.
7:00 PM EST | November 29, 2018
TGS Expects E&P Spend to Dip by up to 10% in 2017
Seismic surveyor TGS' CEO Kristian Johansen expects the exploration and production spend of oil companies to drop by up to 10% next year.
8:00 PM EST | October 27, 2016
Schlumberger, TGS Begin 300-Block Gulf of Mexico Data Acquisition Program
TGS and Schlumberger begin a data acquisition program covering over 300 blocks in the Green Canyon, Atwater Valley and Ewing Bank protraction areas of the Central Gulf of Mexico.
8:00 PM EST | August 03, 2016
PGS: Improving Sentiment in Offshore Seismic Market
Norwegian seismic explorer Petroleum Geo-Services says it is beginning to see early signs that its market is stabilizing.
8:00 PM EST | July 20, 2016
TGS Commences the NW Shelf Renaissance 2D Seismic Survey off Australia
TGS commences the Northwest Shelf Renaissance 2D seismic survey offshore north west Australia.
8:00 PM EST | June 28, 2016
TGS to Acquire 770 Square Miles of 3D Seismic Offshore Canada
TGS plans to acquire approximately 770 square miles of 3D seismic data, in partnership with PGS, offshore Eastern Canada.
8:00 PM EST | May 23, 2016
New North Sea Beckons Oil Producers Off Canada’s East Coast
A change to an obscure shipping law is helping draw major oil companies to an area off Canada’s east coast that may rival the North Sea for its production potential.
8:00 PM EST | May 12, 2016
EMGS Confirms Staff Cuts
Norway's oil and gas survey technology firm Electromagnetic Geoservices ASA confirms that it will be laying off staff as a result of the lower oil price environment.
8:00 PM EST | April 13, 2016
TGS Expects Further Revenue Decline
TGS expects net revenues for the first quarter of 2016 to be approximately $64 million, based on preliminary reporting from operating units.
8:00 PM EST | April 07, 2016
TGS Appoints New CEO
Kristian Johansen will succeed Robert Hobbs as the company's chief executive officer, effective March 11, following Hobbs' decision to retire.
7:00 PM EST | March 08, 2016
Norwegian Oil, Gas Survey Firms Report Declining Revenues
EMGS and TGS report declining revenues in the face of a continued low oil price environment.
7:00 PM EST | January 06, 2016
TGS: $65 Million Revenue Loss in 2Q 2015
TGS reveals a net revenue loss of $65 million in the second quarter of 2015, compared to the same period last year.
8:00 PM EST | July 29, 2015
TGS to Conduct New 3D Seismic Survey Offshore Canada
TGS says it will conduct a new multi-client 3D seismic survey offshore eastern Canada this summer.
8:00 PM EST | July 12, 2015
TGS to Buy Seismic Data Library from Polarcus
TGS signs a letter of intent to acquire Polarcus's multi-client seismic data library for $27.5 million.
8:00 PM EST | June 28, 2015
TGS Cooperates With Dolphin for Monuments 3D Survey Offshore Australia
TGS will provide data processing services in the Monuments 3D survey, which is being acquired by Dolphin Geophysical in the North Carnarvon Basin offshore Australia.
8:00 PM EST | June 21, 2015
TGS, Polarcus Agree 3D Seismic Vessel Capacity Deal
Letter of intent will see Polarcus supply TGS with an estimated six months of 3D seismic vessel capacity in 2016.
8:00 PM EST | June 09, 2015
Seismic Firm TGS Appoints New CFO
Seismic survey firm TGS appoints Sven Børre Larsen as its new chief financial officer.
8:00 PM EST | May 26, 2015
TGS to Conduct New 2D Surveys Offshore Eastern Canada
TGS announces plans to conduct two new 2D surveys offshore Eastern Canada.
8:00 PM EST | May 11, 2015
TGS's Revenues Fall Due to Decline in Seismic Data Services
TGS-Nopec reports a fall in first quarter revenues, reflecting a deterioration in demand for seismic data as energy companies reduce exploration spending.
8:00 PM EST | April 22, 2015
TGS, Dolphin Agree Barents Sea 3D Seismic Survey
Norway's TGS signs a deal with Dolphin Geophysical to acquire around 1,675 square miles of 3D seismic data in the western Barents Sea.
8:00 PM EST | April 15, 2015
Seismic Firm TGS to Cut 10th of Workforce, Slashes Guidance
Norwegian seismic survey firm TGS to lay off a 10th of its workforce as energy companies slash spending.
8:00 PM EST | April 12, 2015
Polarcus Wins Offshore Norway Work for its Adira Seismic Vessel
Polarcus wins a contract with fellow seismic survey firm TGS-Nopec that will see its 3D seismic vessel Polarcus Adira operate offshore Norway from this month.
8:00 PM EST | April 08, 2015
TGS to Expand Declaration Survey in Gulf of Mexico
TGS-NOPEC plans to expand its Declaration Multi-WAZ survey in the Gulf of Mexico's Mississippi and DeSoto canyons.
7:00 PM EST | February 18, 2015
TGS Bucks Gloom with Record Results
TGS reports 4Q revenue up more than 10 percent, while its order backlog is 13-percent greater than three months previously.
7:00 PM EST | February 04, 2015
Norwegian Seismic Explorer TGS Expects 2015 Revenue Fall
Norwegian seismic explorer TGS posts greater-than-expect 4Q revenues but warns of energy companies curbing spending amid tumbling oil prices.
7:00 PM EST | January 12, 2015
TGS To Complete $30M Buyback Program In 2015
TGS will continue to buy back its shares on the Oslo bourse in 2015 to complete a $30 million buyback program announced last February.
7:00 PM EST | January 01, 2015
Norway's Seismic Surveyors Say Hit by Lower Oil Price
Norwegian seismic survey firms TGS and PGS report a deterioration in demand from oil companies.
8:00 PM EST | October 22, 2014
TGS Enters Anadarko Basin with Two 3D Surveys
TGS announces that it will be conducting two new multi-client surveys in Oklahoma, onshore US, later this year and during early 2015.
8:00 PM EST | October 14, 2014
TGS Commences Declaration of New Multi-WAX 3D Project in GOM
TGS announces the expansion of its Constitution group of WAZ 3D projects with the commencement of the Declaration survey.
8:00 PM EST | October 08, 2014
TGS to Conduct Three Seismic Surveys Onshore Canada
Norwegian seismic survey firm TGS is to conduct three new 3D-3C seismic surveys in West Central Alberta, onshore Canada.
8:00 PM EST | October 06, 2014
TGS Says Maintains Guidance despite Softer Market
Seismic survey firm TGS maintains its 2014 guidance even as the global exploration market softens.
8:00 PM EST | September 09, 2014
Polarcus Completes UK Seismic Program for TGS
Polarcus says its 3D seismic vessel Polarcus Naila has completed a two-month program for Norway's TGS-NOPEC off the UK's Shetland Islands.
8:00 PM EST | August 19, 2014
TGS to Start New 2D Seismic Survey in Central GOM
Norway's TGS will begin a new 2D seismic survey in the ultra-deep water part of the US central Gulf of Mexico in 3Q 2014.
8:00 PM EST | August 05, 2014
Dolphin Bags Deal from TGS for Seismic Work in Australia's Ceduna Sub-basin
Dolphin Geophysical bags a contract from TGS for seismic work in the Ceduna Sub-basin in Australia.
8:00 PM EST | July 31, 2014
TGS Boosts Order Book with New Seismic Contracts
Seismic survey firm TGS continues to build its order book, winning three new contracts for multi-client surveys.
8:00 PM EST | July 30, 2014
Norwegian Seismic Survey Firms See Mixed Picture
Petroleum Geo-Services reports a decline in second-quarter revenues and profits, while fellow Norwegian firm announces two new sampling contracts.
8:00 PM EST | July 23, 2014
Norway's TGS-Nopec Defies Seismic Industry Gloom With Profit Rise
Seismic surveyor TGS-Nopec reports better-than-expected first-quarter profits.
8:00 PM EST | April 23, 2014
SeaBird Agrees Mexico 2D Seismic Deal with TGS
SeaBird Exploration and TGS-NOPEC agree a deal to acquire up to 77,000 square miles of 2D seismic data offshore Mexico.
8:00 PM EST | April 01, 2014
Seismic Surveyor TGS-Nopec Profit Beats Forecast
Seismic survey firm TGS-Nopec posts better-than-expected fourth-quarter earnings, bucking the trend in the seismic survey sector.
7:00 PM EST | February 05, 2014
TGS Revenue Beats Guidance, Could Rise Further
Seismic survey firm TGS beats its own revenue guidance for 2013 and says it could post even greater revenue this year.
7:00 PM EST | January 08, 2014
TGS Announces 3D Multi-client Seismic Survey Offshore South Australia
TGS has announced the acquisition of a 3D multi-client seismic survey in offshore South Australia.
7:00 PM EST | December 22, 2013
Is Oil, Gas Capital Spending Really on the Wane?
As third-quarter reporting season comes to an end, some European oilfield services firms say capital spending by operators is on the slide, yet medium-term forecasts suggest it will remain strong.
7:00 PM EST | November 13, 2013
TGS Begins Seismic Surveys Offshore Madagascar
Survey firm TGS begins acquisition of 2D seismic multi-client surveys offshore Madagascar.
7:00 PM EST | November 06, 2013
TGS Awarded Three New Multi-Client Surveys
Seismic survey firm TGS announces three new multi-client surveys in North America.
8:00 PM EST | October 22, 2013
TGS Notes New Multi-Client 3D Survey in Oklahoma, Texas
TGS announces a new 3D multi-client onshore survey covering Roger Mills County and Hemphill County.
8:00 PM EST | October 14, 2013