TGS - Vesting of 2023 Restricted Share Unit Award and Delivery of Shares Oslo, Norway (9 March 2026) – On 1 March 2026, 15,000 Restricted Share Units (RSUs) granted to Carel Hooijkaas on 1 March 2023, in accordance with the terms of his employment agreement, as approved by the Board of Directors of TGS ASA, and TGS Remuneration Policy, approved by the shareholders of TGS ASA, vested. Each vested RSU represents the right to receive one share of the Company’s common stock, with the shares to be issued from the Company’s treasury stock. Of the 15,000 RSUs granted to Carel Hooijkaas, 12,534 TG...
TGS Reintroduces Ramform Vanguard for Offshore Wind and Site Survey OSLO, Norway (6 March 2026) – TGS, a leading provider of energy data and intelligence, is pleased to announce a new acquisition campaign for the Ramform Vanguard during the upcoming European summer season, following its winter-stack period. The campaign is scheduled to begin in mid-March with an oil and gas site survey, before continuing with two offshore wind contracts. The current plan extends acquisition activities well into the third quarter. Kristian Johansen, CEO of TGS, commented, "We are very pleased to have secure...
TGS Announces Multi-client 3D Survey Offshore Nigeria OSLO, Norway (27 February 2026) – TGS, a leading provider of energy data and intelligence, announces the Nigeria Laide multi-client 3D survey, acquired in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and SeaSeis Geophysical Limited. The survey lies within the Outer Fold & Thrust Belt of the eastern Niger Delta, one of Nigeria’s most prolific hydrocarbon regions and covers approximately 11,700 square kilometers. The Laide multi-client 3D survey design is based on the GeoStreamer dual-sensor system, long...
Borr Drilling has reported decent Q4 and FY 2025 results, which were better than consensus and came in at the top end of management's guidance. Rig utilisation levels, contract coverage and the day-rate environment were robust. Cash-flow development was positive, supported by proceeds from the share issue. We expect FY 2026 to be a year of stabilisation, with limited earnings upside mitigated by a well-managed cost structure. Liquidity is ample.
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