TGS ASA - Company Profile
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TGS ASA (TGS) formerly TGS-NOPEC Geophysical Co ASA, is a company that provides advanced data and intelligence solutions to the energy sector. The company's main activities include acquiring, processing, and delivering geoscience data and insights across the energy value chain. TGS offers a range of products and services, including seismic data, digital well logs, production data, and renewable energy data. The company is known for its GeoStreamer technology and Imaging AnyWareTM software. TGS serves energy companies involved in oil and gas exploration, carbon storage, offshore wind, solar, and geothermal projects, helping them make informed, data-driven decisions. The company operates through a network of strategic partnerships and has a global presence with offices in the UK, Egypt, Brazil, Kuala Lumpur, and Perth. TGS is headquartered in Oslo, Norway, and Houston, Texas, the US.
Headquarters
Norway
Address
Lilleakerveien 4c, Oslo, 0283
Website
www.tgs.com
Telephone
47 2 2550400
No of Employees
1,640
Industry
Energy and Utilities
Ticker Symbol & Exchange
TGS (OSL)
Revenue (2024)
$1.5B
15.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-80.6%
(2024 vs 2023)
Market Cap*
$3.1B
Net Profit Margin (2024)
XYZ
-83.2%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Geophysical Data Services: | Imaging | Clari-Fi |
| Seismic data | Depth and time imaging | Stingray PRM system |
| Gravity data | Marine, land, ocean bottom cable and nodes (OBC & OBN) | Log-Line Plus |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company secured an offshore wind site characterization contract in Europe. |
| 2026 | Contracts/Agreements | In April, the company partnered with Autoridade Nacional do Petroleo to develop and deliver Facies Map Browser products to support exploration activities in Timor-Leste. |
| 2026 | Contracts/Agreements | In April, the company partnered with Danomics to provide geoscientists and engineers access to TGS-licensed well data within the Danomics platform. |
Competitor Comparison
| Key Parameters | TGS ASA | Viridien SA | Dolphin Drilling A.S.A. | Electromagnetic Geoservices ASA | Seabed Geosolutions BV |
|---|---|---|---|---|---|
| Headquarters | Norway | France | Norway | Norway | Netherlands |
| City | Oslo | Massy | Sandnes | Oslo | Leidschendam |
| State/Province | - | Ile-de-France | - | - | Zuid-Holland |
| No. of Employees | 1,640 | 3,136 | 224 | 20 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Trond Brandsrud | Chairman | Executive Board | 2024 | - |
| Kristian Johansen | Chief Executive Officer | Senior Management | 2016 | - |
| Sven Borre Larsen | Chief Financial Officer | Senior Management | 2021 | - |
| Tana Pool | Executive Vice President - Legal | Senior Management | 2013 | - |
| Kristin Omreng | Executive Vice President - People & Culture | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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