TGS ASA - Company Profile
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TGS ASA (TGS), formerly TGS-NOPEC Geophysical Co ASA, provides geo-scientific data products and services to the oil and gas industry for assisting in licensing rounds and the preparation of regional data programs. Diversified offerings, comprehensive multi-client data library, and improved business performance are its strengths, even as high debt levels could be a cause for concern. Nevertheless, strategic initiatives, new product launches, and partnerships and agreements could provide adequate growth opportunities to the company. However, fluctuations in oil and gas prices, stringent regulations and rapid technological changes could affect its operations.
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