TGS ASA (TGS), formerly TGS-NOPEC Geophysical Co ASA, is a provider of multi-client geoscience data to oil and gas exploration and production companies. The company offers a range of global geophysical and geological data libraries including multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys. It also offers advanced processing and imaging services, interpretation products, and data integration solutions. It invests in multi-client data projects in frontier, emerging and mature markets across the world that make up a data library of seismic imaging, well data and interpretive products and services. The company has operations in the Europe, Americas, Africa, the Middle East, and Asia-Pacific. TGS is headquartered in Oslo, Norway.

Headquarters Norway

Address Askekroken 11, Oslo, 0277


Telephone 47 2 2550400

No of Employees 471

Industry Energy and Utilities

Ticker Symbol & Exchange TGS (OSL)

Revenue (2021) $518.7M 44.1% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 54.6% (2021 vs 2020)

Market Cap* $1.6B

Net Profit Margin (2021) XXX 68.5% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products Services Brands
Geophysical Data Services: Imaging LOG-LINE Plus
Seismic data Depth and time imaging Clari-Fi
Gravity data Marine, land, ocean bottom cable and nodes (OBC & OBN) Stingray PRM system
XXX XXX
XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In November, the company announced the Beyond Far East 3D, a new onshore seismic program in the Midland Basin.
2022 Commercial Operation In November, the company commenced a 3D data reprocessing program offshore Uruguay.
2022 Contracts/Agreements In October, the company entered into a partnership with NRGX to provide an easy solution to scrutinizing well data quality when accessing TGS log subscriptions.
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Competitor Comparison

Key Parameters TGS ASA CGG SA PGS ASA Electromagnetic Geoservices ASA Dolphin Drilling A.S.A.
Headquarters Norway France Norway Norway Norway
City Oslo Paris Oslo Oslo Sandnes
No. of Employees 471 3,312 839 72 501
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Henry H. Hamilton III Chairman Executive Board 2009 -
Kristian Johansen Chief Executive Officer Senior Management 2016 -
Sven Borre Larsen Chief Financial Officer - Interim Senior Management 2021 -
David Hajovsky Executive Vice President - West Hemisphere Senior Management 2021 -
Tanya Herwanger Executive Vice President - Support and Staff Senior Management - -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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