TGS reaches 50% acquisition progress mark on Gigante seismic program Jan 29, 2016TGS has acquired 93,000 kilometers (50%) of the 186,000 km 2D seismic project, Gigante. Gigante covers the entire offshore sector of Mexico and ties into TGS' regional 2D seismic
TGS acquires Chickadee 3C-3D multi-client survey Jan 21, 2016TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, has acquired the Chickadee 3C-3D multi-client survey covering 190 km2. The survey, located in West Central Alberta
TGS issues guidlinees for 2016 Jan 8, 2016Based on a preliminary review of sales and investments, TGS provides the following update on Q4 2015: The weak market conditions are expected to continue in 2016.
TGS changes to multi-client library amortization from 1 January 2016 Dec 7, 2015Due to an amendment to IAS 38 Intangible assets, the amortization method for the seismic multi-client libraries will have to change with effect from 1 January 2016.
TGS broadband reprocessing to cover the entire offshore Portuguese shelf Nov 24, 2015TGS is pleased to announce the broadband reprocessing of 22,847 km 2D seismic offshore Portugal. This project, which utilizes TGS' broadband solution Clari-Fi, is now
TGS announces restructuring to adapt to prevailing market conditions Nov 18, 2015In order to further improve organizational efficiency and competitiveness TGS is implementing global cost reduction and efficiency plan. Furthermore, the value of selected
TGS completes acquisition season offshore Newfoundland Labrador Nov 13, 2015TGS has completed the fifth consecutive acquisition season offshore Newfoundland Labrador in partnership with PGS. The successful 2015 season was the biggest yet with the acquisition of over
TGS acquires Digital Petrodata Oct 26, 2015TGS announced that its Geological Products division purchased all the outstanding shares of Digital Petrodata LLC. Digital Petrodata, established in 2005, is a small GIS technology company based
TGS and APPA sign Africa stratigraphic harmonization project Sep 21, 2015TGS and the African Petroleum Producers' Association (APPA) have signed a Letter of Intent to harmonize the stratigraphic nomenclature
TGS completes acquisition of Polarcus’ library Aug 26, 2015TGS provides update regarding the acquisition of Polarcus' multi-client library. As of today, the parties have completed the main component of the transaction.
TGS announces its Gigante multibeam, coring and geochemical analysis project Aug 25, 2015TGS has received authorization from Mexico's Comisión Nacional de Hidrocarburos (CNH) for the acquisition of multibeam, coring and geochemical
TGS to conduct new multi-client 3D seismic survey Offshore Canada Jul 14, 2015TGS announces a new multi-client 3D survey offshore Eastern Canada with plans to acquire approximately 4,300 km² of seismic data. This survey
TGS signs Letter of Intent to acquire Polarcus' multi-client library Jun 30, 2015TGS has entered into a Letter of Intent to acquire Polarcus' multi-client library, with the exception of Australia, for a price of USD 27.5 million
TGS announces participation in Monuments 3D survey, offshore Australia Jun 23, 2015TGS announces its participation in the 2,500 km² Monuments 3D survey. This survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
TGS announces first multi-client 3D program in Newfoundland-Labrador Jun 16, 2015TGS announces a new multi-client 3D survey offshore Eastern Canada, with plans to acquire approximately 6,000 sq. km of seismic data.