Russia Oil Gas Magazine

CGG, PGS and TGS Announce Versal, a Unified Ecosystem for Accessing Multi-Client Seismic Data across Multiple Vendors

Further to the announcement on 15 December 2020, CGG, PGS and TGS, industry leaders of multi-client geoscience data, today announce Versal – a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in. Versal is an independent, secure, cloud-based, multi-client seismic data …

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Russia Oil Gas Magazine

TGS, BGP, CGG Sign Agreement with Staatsolie for Multi-Client Programs Offshore Suriname

TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP, today announced the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the Republic of Suriname. The agreement allows the consortium to acquire, promote and …

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Russia Oil Gas Magazine

TGS Names New VP of New Energy Solutions

TGS, a global provider of energy data and intelligence, is pleased to announce the appointment of Ivar Slengesol as the Company’s new Vice President of New Energy Solutions, Eastern Hemisphere. Mr. Slengesol comes to TGS with over 20 years of international management experience from start-ups to global corporations, including 14 …

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Russia Oil Gas Magazine

TGS Announces Acquisition of Three Polcarus 3D Multi-Client Surveys

TGS ASA, a global provider of energy data and intelligence, today announced that it has acquired three 3D multi-client seismic surveys of Polarcus Plc. (‘Polarcus’) covering a total of 12,200 square kilometers offshore Australia. In addition, Polarcus has permanently waived the revenue share rights associated with the multi-client library that …

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Russia Oil Gas Magazine

TGS and Earth Science Analytics Announce Collaboration to Expand Seismic and Well Data Offerings and Expertise through Artificial Intelligence

TGS, a global provider of energy data and intelligence, has announced a collaboration agreement with analysis and machine learning company Earth Science Analytics to share expertise and promote further innovation in data-driven geoscience. This partnership has already delivered insight through a range of unique derivative datasets for the TGS Utsira …

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Russia Oil Gas Magazine

TGS-NOPEC Geophysical Company Announces Company Name Change to TGS

TGS-NOPEC Geophysical Company ASA, a global provider of energy data and intelligence, will begin operating under the new name of TGS ASA. TGS ASA reflects both the evolution of the company as well as its vision for the future. Kristian Johansen, CEO at TGS, commented, “As part of our new …

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Russia Oil Gas Magazine

TGS and Halliburton Collaborate to Advance Seismic Reservoir Monitoring

Halliburton Company and TGS-NOPEC Geophysical ASA today announced a collaboration to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP™ and Odassea™ distributed acoustic sensing solutions will …

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Russia Oil Gas Magazine

PXGEO Secures a 12 Month Vessel Commitment from TGS

PXGEO has entered into an agreement with TGS to provide 12 months of high-end towed-streamer seismic acquisition services to TGS-NOPEC Geophysical Company ASA (TGS). TGS has committed to utilising “PXGEO 2” or any other capable vessel which PXGEO introduces to its fleet for 12 months of marine seismic acquisition services …

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Russia Oil Gas Magazine

TGS Signs Memorandum of Understanding with Horisont Energi for CCS Collaboration

TGS, a global provider of energy data and intelligence, today announced it signed a Memorandum of Understanding (MOU) with carbon storage experts Horisont Energi to jointly develop new Carbon Capture and Storage (CCS) technologies. The MOU between the companies signifies a unique collaborative effort to identify and develop efficient methods …

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Russia Oil Gas Magazine

TGS Q1 2021 Earnings Update

Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the first quarter of 2021 to be approximately USD 186 million, up from USD 52 million in Q1 2020. Net segment revenues* are expected to be approximately USD 75 million, compared to USD 152 million in …

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