Seismic survey company TGS-NOPEC Geophysical Company (TGS) said its shareholders have approved a deal to acquire rival Spectrum ASA.Kristian Johansen, Chief Executive Officer of TGS, said, “Spectrum’s portfolio will enhance TGS’ position as…
Seismic survey company TGS-NOPEC Geophysical Company (TGS) said it will acquire rival seismic survey company Spectrum ASA.The transaction is expected to be completed as a statutory merger pursuant to Norwegian corporate law between TGS and Spectrum…
Offshore survey specialist Shearwater GeoServices has been awarded a major exploration survey in Brazil by TGS, the provider of multi-client geoscience data to oil and gas exploration and production companies worldwide.The project will be executed…
TGS, a provider of seismic data for the oil industry, proposed on Thursday a higher-than-expected dividend despite lower-than-expected profits in the fourth quarter and said demand from oil companies would continue picking up this year.Seismic…
Oslo-listed seismic surveyor TGS fell more than 10 percent after reporting disappointing third-quarter results on Thursday, as oil firms were still too cautious to spend despite a raft of upbeat earnings.TGS, which maps the seabed in search of hydrocarbon deposits for oil firms…
Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2…
Geoscience firm TGS is to start a new multiclient acquisition project called Alonso 3D in the US Gulf of Mexico. Alonso 3D will cover 6172sq km in the Atwater Valley and Lloyd Ridge protraction areas of the US Gulf of Mexico. TGS says multi-level targets exist…
SeaBird Exploration signed an option agreement with TGS Nopec to provide up to 600 vessel days of seismic services. The deal offers TGS access to one or more SeaBird vessels to perform seismic services on a global basis. Call-off…
Fugro is teaming up with TGS to conduct the Otos survey in the Gulf of Mexico to pull together a complete picture of geological features, including hydrocarbon seeps. The Fugro Brasilis. Images from Fugro…
TGS expects to begin a new multi-client acquisition project, Carlsen 3D in Barents Sea, Norway, in April 2017. Carlsen 3D is a 5490sq km multi-client survey in open acreage located in the southwest Barents Sea between the Tromsø and Sørvestnaget Basins…
TGS started the Otos multibeam survey and the first stage of a seep and geochemistry program in the US Gulf of Mexico. The survey is designed to mirror the successful Gigante multibeam and seep study in the Mexican Gulf of Mexico, conducted in 2016…
Electromagnetic Geoservices (EMGS) and TGS-NOPEC Geophysical (TGS) have agreed to expand the companies' cooperation agreement in the Barents Sea. TGS will be investing in a 3D CSEM data acquisition project related to the 24th licensing round in Norway…
TGS is expanding its North West Atlantic Margin (NWAAM) multi-client library in the Mauritania, Senegal, Guinea-Bissau and Conarky Basin (MSGBC). It has plans to acquire more than 11,500km of long-offset broadband 2D seismic data as well as magnetic and gravity data…
Polarcus entered into a memorandum of understand (MoU) to collaborate with TGS-NOPEC Geophysical Co. to jointly develop selected 3D multi-client projects. New projects taken under the collaboration agreement will be announced separately as they occur…
TGS has completed the acquisition of its 186,000km Gigante seismic survey offshore Mexico. The acquisition of this survey began in June 2015 with five seismic vessels contracted to acquire a dense, modern, long offset regional 2D seismic grid…