Russia Oil Gas Magazine

TGS Q2 2023 Revenue Update

Based on preliminary reporting from operating units, management of TGS ASA (“TGS”) expects IFRS revenues for Q2 2023 to be approximately USD 206 million, compared to USD 230 million in Q2 2022. POC revenues* are expected to be approximately USD 241 million, up from USD 136 million in Q2 2022. POC …

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Russia Oil Gas Magazine

TGS Announces Q3 2022 Results

Total revenue amounted to USD 135 million in Q3 2022 versus USD 200 million in Q3 2021.  The late sales portion of revenues was USD 65 million, representing a substantial increase compared to the USD 31 million reported for Q3 2021. EBITDA was USD 97 million, and the operating result …

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Russia Oil Gas Magazine

TGS: Appoints Sven Børre Larsen As CFO

TGS is pleased to announce the appointment of Sven Børre Larsen as the Company’s new Chief Financial Officer.  The effective date of Mr. Larsen’s employment is yet to be determined, but will be no later than December 1, 2015.  Mr. Larsen will be based in TGS’ Asker office. Most recently, …

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