TGS and Viridien Announce Megabar Extension Phase I Multi-client Project Offshore Brazil OSLO, Norway (4 September 2025) – TGS, a global leader in energy data and intelligence, in collaboration with joint venture partner Viridien, an advanced technology, digital and earth data company, today announced the commencement of the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil. The 5,300 sq km multi-client 3D seismic survey will be acquired by TGS and imaged by Viridien and builds on Viridien’s Megabar survey coverage. The Barreirinhas Basin features proven...
TGS Vesting Under the 2022 Long-term Incentive Plan Oslo, Norway (1 September 2025) – Reference is made to the stock exchange announcement on 11 August 2025 published by TGS regarding vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs). The vesting of PSUs and RSUs granted by TGS in 2022 in accordance with the terms of the 2022 Long Term Incentive Plan resulted in the right for a total of 83 participants to request the issuance of an aggregate of up to 288,177 shares of TGS common stock pursuant to free-standing warrants subscribed by the participant at the time of ...
TGS ASA – New Share Capital Registered Oslo, Norway (1 September 2025) - Reference is made to the stock exchange announcement by TGS ASA (OSE: TGS) (the "Company") on 11 August 2025 regarding vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs). Because of the vesting announced on 11 August 2025, TGS has issued 198,926 new shares. The share capital increase related to the vesting has today been registered with the Norwegian Register of Business Enterprises. Following the capital increase TGS' new share capital is NOK 49,149,936.50 divided into 196,599,746 shares, eac...
TGS Awarded Large Streamer Contract Offshore Indonesia OSLO, Norway (25 August 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a large streamer contract offshore Indonesia, covering approximately 10,000 square kilometers. Much of the project will focus on acquiring 3D seismic data for exploration purposes, with the final phase of approximately one month dedicated to 4D seismic data acquisition for production monitoring. The survey is scheduled to commence in Q4 2025 and will span an estimated total duration of approximately eight month...
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...
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...
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