reports
TGS Awards Performance Share Units and Restricted Share Units
TGS Awards Performance Share Units and Restricted Share Units Oslo, Norway (15 August 2025) – TGS has issued awards of Performance Share Units (PSUs) and Restricted Share Units (RSUs) to 283 key employees of the Company, as authorized by the shareholders of the company at its Annual General Meeting on 8 May 2025. With the exception of certain PSUs and RSUs, which may be secured by the Company’s treasury stock, the PSUs and RSUs are secured by free-standing warrants that, upon vesting of the PSUs and RSUs in accordance with their terms, are convertible to shares of the Company’s common stoc...
EMGS reports second quarter 2025 results
EMGS reports second quarter 2025 results Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2025 are attached. Summary: * The Company recorded revenues of USD 9.6 million, down from USD 13.8 million in the second quarter of 2024 and down from USD 10.0 million in the first quarter of 2025. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.1 million, down from USD 7.0 million in the second quarter of 2024.* Free cash decreased with USD 2.5 million during t...
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Lars Trongaard Brattli
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
TGS Vesting Under the 2022 Long-term Incentive Plan
TGS Vesting Under the 2022 Long-term Incentive Plan Oslo, Norway (11 August 2025) – In accordance with the measures approved by the shareholders of TGS at the Annual General Meeting on 11 May 2022, the Board of Directors of TGS ASA authorized TGS to grant Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) under the 2022 Long Term Incentive Plan to key employees of TGS on 9 August 2022. Each RSU represented the right to receive one share, while each PSU represented the right to receive a maximum of one share depending on performance against target metrics during the measuremen...
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Lars Trongaard Brattli
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- ABGSC Energy Research
- Åsne Holsen
- Daniel Vårdal Haugland
- John Olaisen
- Stian Wibstad
TGS Awarded Streamer Acquisition Contract
TGS Awarded Streamer Acquisition Contract OSLO, Norway (8 August 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a streamer acquisition contract in the East Mediterranean. Acquisition is scheduled to commence in Q3 this year and the contract has a duration of approximately 30 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this additional streamer contract. By leveraging the Ramform acquisition platform, coupled with our proprietary GeoStreamer technology we are well equipped to deliver the highest data qu...
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- Filipe Botelho
- Haidje Rustau
- Jayanth Kandalam
- Peter Low
- Si Yong Ng
- ABGSC Oil & Oil Services Research
- John Olaisen
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- ABGSC Oil & Oil Services Research
- John Olaisen
TGS Quarterly Dividend
TGS Quarterly Dividend OSLO, NORWAY (17 July 2025) – Following the authorization from the Annual General Meeting on 8 May 2025, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.155 per share (NOK 1.58 per share) in Q3 2025. Key information relating to the cash dividend: Dividend amount and declared currency: USD 0.155 per share (equivalent to NOK 1.58 per share)Last trading day including right: 23 July 2025 Ex-date: 24 July 2025Record date: 25 July 2025Payment date: 7 August 2025 Date of approval: 16 July 2025 About TGS TGS ...
TGS announces Q2 2025 results
TGS announces Q2 2025 results Financial highlights: Multi-client revenues impacted by several library data purchases being postponed and low client commitment to ongoing projectsChallenging operational conditions for a large contract project and lower than expected JV partner participation for certain multi-client programs negatively affected contract revenuesOrder inflow of USD 133 million during Q2 2025 – total order backlog of USD 425 millionNet cash flow of USD 11 million in Q2 2025, compared to USD -13 million in Q2 2024Maintaining a stable dividend payment of USD 0.155 per share to b...
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- ABGSC Energy Research
- Daniel Vårdal Haugland
- John Olaisen
- Njål Kleiven
- Oliver Dunvold
- Stian Wibstad
- Felix Fischer
- Peter Low
- Si Yong Ng
- Trung Nguyen
- ABGSC Oil & Oil Services Research
- John Olaisen
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