Scatec awarded 846 MW Solar PV projects in government tender in South Africa Oslo, 22 July 2025: Scatec ASA has been awarded preferred bidder status for a total of 846 MW solar (the Kroonstad PV cluster), in the seventh round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) by the Department of Electricity and Energy (DEE) in South Africa. The award follows a re-allocation of MW under the seventh bid window from onshore wind to solar PV. Once operational, the projects will provide clean and reliable energy under 20-year PPAs. Located in the Free State pro...
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 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...
TGS Q2 2025 Operational and Financial Update OSLO, Norway (8 July 2025) – TGS ASA (“TGS”), a leading global provider of energy data and intelligence, routinely publishes a quarterly operational update six working days after quarter-end. For Q2 2025, it also includes a financial update. The table below shows TGS’ normalized Ocean Bottom Node (OBN) crew count¹: Q2 2025Q2 2024Normalized crew count Contract1 1.72.7Normalized crew count Multi-client11.10.0 1) The table shows the average number of crews in operation when assuming a normalized crew size. The table below shows TGS’ alloc...
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