In today's Morning Views publication we comment on developments of the following high yield issuers: Eircom, EVOCA, Altice France (SFR), Stada, TGS ASA, EnQuest Plc, Crown Holdings, Alain Afflelou, Manuchar, Asmodee, Novelis, Arxada, Ahlstrom, AMS Osram, Ardagh Metal Beverage Packaging, Odigeo, Motel One
TGS Awarded Reservoir Monitoring and Source Contract Offshore Norway OSLO, Norway (18 November 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce that a major international energy company has extended its current contracts for the provision of reservoir monitoring and source services related to Permanent Reservoir Monitoring (PRM) and 4D Ocean Bottom Node (OBN) surveys on the Norwegian continental shelf. Both extensions have a nominal five-year duration, until 2030, with options to extend for a further five-year period. Kristian Johansen, CEO of TGS, c...
TGS Announces Pelotas Norte Phase I Multi-client Survey Offshore Brazil OSLO, Norway (17 November 2025) – TGS, a global leader in energy data and intelligence, is pleased to announce Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil. Phase I will encompass approximately 14,800 square kilometers across 21 exploration blocks, the majority of which lie in un-held acreage expected to be included in upcoming bid rounds. A Ramform Titan-class vessel is scheduled to mobilize for the survey later in Q4, with project duration running into Q3 2026. The ve...
TGS and Chevon Enter into a Long-term Deep Water Seismic Capacity Agreement OSLO, Norway (5 November 2025) – TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services. The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services. The parties plan to collaborate on seismic acquisition projects utilizing TGS streamer and OBN crews for exploration and development projects. The CA will also deepen the relationship between Chevron and TGS and drive collabor...
The Europe HY Trade Book - Commercial & Professional Services, Information Technology includes current trade recommendations drawn from our European HY commercial & professional services and information technology coverage universe, along with relative-value scatter plots and a peer table.
TGS announces Q3 2025 results OSLO, Norway (23 October 2025) - TGS today reports interim financial results for Q3 2025. Financial highlights: Recovery after weak second quarter - Q3 revenues of USD 388 million, a 26% sequential growthSolid multi-client performance with sales-to-investment of 1.9x year-to-dateOrder inflow of USD 436 million during Q3 2025 – total order backlog of USD 473 millionStrong cash flow reducing net debt to USD 432 million, compared to USD 479 million at the end of Q2 2025Solid balance sheet allows for stable dividend payment of USD 0.155 per share to be paid in Q4...
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