Transportadora de Gas del Sur S.A.

REG-TGS Quarterly Dividend

TGS ASA's board declared a Q4 2026 quarterly dividend of USD 0.155 per share (NOK 1.45 equivalent), under authorization from the 29 April 2026 AGM. The shares trade ex-dividend on 29 October 2026, with payment on 12 November 2026.

•18d ago

REG-TGS Announces Pelotas Sul Phase 2 Multi-client Survey Offshore Brazil

TGS, in joint venture with SLB, announced the Pelotas Sul Phase 2 multi-client 3D survey offshore southern Brazil covering approximately 11,200 square kilometers. Data acquisition begins in October 2026 with a Ramform Titan-class vessel and is expected to complete in Q2/Q3 2027, building on Phase 1 acquired earlier this year. The survey expands TGS' 3D seismic coverage in a frontier basin de-risked by Namibia discoveries, with a mix of held and open acreage positioning the data for licensing rounds and farm-in opportunities.

•27d ago

REG-TGS Awarded Extension to Largest Seismic Acquisition Project Offshore Indonesia

TGS secured a one-month extension to the largest seismic streamer acquisition project currently active offshore Indonesia. CEO Kristian Johansen noted that the extension reflects continued client confidence in the Ramform Sovereign vessel and GeoStreamer technology. The project is scheduled to commence in August, strengthening near-term revenue visibility.

•2mo ago

REG-TGS Awarded Streamer Contract

TGS was awarded a streamer acquisition contract in the Mediterranean, extending its streamer acquisition backlog into the first quarter of 2027. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026 for a survey expected to last approximately 110 days. CEO Kristian Johansen stated the award reflects continued demand for high-quality seismic data and offshore exploration activity.

•2mo ago

REG-TGS Announces Sarawak Phase 4 Offshore Malaysia

TGS announced the launch of Phase 4 of its Sarawak multi-client seismic survey program offshore Malaysia, covering approximately 1,020 square kilometers. The Ramform Sovereign is scheduled to mobilize in the fourth quarter of 2026, with acquisition expected to be completed by December, adding to the over 20,000 square kilometers already acquired in the first three phases. CEO Kristian Johansen highlighted that the Sarawak basins are prolific hydrocarbon-bearing regions, noting that this phase supports growing exploration interest in Southeast Asia.

•2mo ago

REG-TGS Awarded Multi-Year AI Seismic Foundation Model Contract

TGS was awarded a multi-year contract by an international oil company to develop and deliver AI-powered seismic foundation model capabilities. The agreement will utilize the TGS Seismic Foundation Model (TGS SFM) to accelerate structural and stratigraphic interpretation for subsurface evaluation. CEO Kristian Johansen stated the award demonstrates growing commercial adoption of the AI model among major energy players.

•2mo ago

REG-TGS Awarded 4D Streamer Contract Offshore Australia

TGS secured a 4D streamer acquisition contract offshore Australia, with operations scheduled to mobilize the Ramform Sovereign in December for a duration of approximately 50 days. CEO Kristian Johansen noted that the award from a repeat client provides visibility into the first quarter of 2027 and demonstrates confidence in TGS's differentiated acquisition capabilities. The project leverages the company's Ramform platform and GeoStreamer technology to help the client optimize field performance and enhance reservoir recovery.

•2mo ago

REG-TGS Awarded OBN Contract

TGS was awarded an OBN contract in the AMME region, with a deep-water crew scheduled to mobilize in Q4. The project has a duration of approximately 100 days and extends into 2027, serving a repeat customer in the geophysical market. Management highlighted the award as a validation of the company's integrated business model and its ability to support production optimization.

•3mo ago

REG-TGS Quarterly Dividend

TGS ASA's board declared a quarterly dividend of $0.155 per share, equivalent to NOK 1.49 per share, following authorization from the Annual General Meeting. Key dates include a last trading day with rights of July 29, an ex-date of July 30, and a payment date of August 13. The company provides advanced data and intelligence to the energy sector, supporting exploration and production worldwide.

•3mo ago

REG-TGS announces Q2 2026 results

TGS reported Q2 2026 revenue of $400 million, up 30% year-over-year, while EBITDA surged 60% to $244 million driven by high multi-client activity. Operating income swung to a $120 million profit from a $22 million loss in the prior year, supported by streamer utilization of 94%, the highest level since 2013. The company updated guidance for multi-client investments to approximately $550 million and declared a dividend of $0.155 per share.

•3mo ago

REG-TGS Commences Orphan3D PSDM Phase 2 Reprocessing Offshore Newfoundland and Labrador

TGS has commenced the Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland, targeting approximately 13,300 km² of 3D seismic data in a prospective North Atlantic region. The project will utilize Full Waveform Inversion (FWI) and proprietary imaging workflows to enhance subsurface understanding of Cretaceous and Jurassic intervals, with early products expected in 2027. Supported by industry funding, this initiative expands TGS' extensive data library and reinforces the company's long-term commitment to the region's exploration potential.

•3mo ago

REG-TGS Announces Atlantic Margin South Reprocessing Project

TGS announced the Atlantic Margin South Reprocessing project, covering more than 23,000 square kilometers of 3D data in the Norwegian Sea. The project utilizes advanced processing techniques including machine learning-based denoising and DM-eFWI to resolve imaging challenges in volcanic basins, with early products available in Q3 2026. Supported by industry funding, the initiative aims to help E&P companies derisk new prospectivity in this gas-prone region, with full volume delivery expected in Q2 2027.

•3mo ago

REG-TGS Sells North American Well Data Products Business to Enverus

TGS has closed the sale of its North American well data products business (A2D) to Enverus for $100 million upfront, with a potential $15 million earn-out. The divested unit generated $27 million in revenue in 2025, accounting for 2.9% of TGS's multi-client revenues, and is considered less strategic as TGS focuses on offshore basins. Proceeds from the transaction will be used to reduce net debt, enhancing flexibility for shareholder capital allocation.

•4mo ago

REG-TGS Q2 2026 Operational and Financial Update

TGS released preliminary Q2 2026 figures, expecting produced revenues of $400 million, which beats the consensus estimate of $359 million and represents 30% year-over-year growth. Operational performance was robust, with 3D streamer utilization reaching 94% and multi-client investment increasing to $168 million from $114 million in the prior year. Management attributes the growth to solid multi-client performance in Latin America and Africa and remains confident in long-term exploration activity despite lower oil prices.

•4mo ago

REG-TGS Announces Pelotas Sul Phase 1 Multi-client Survey Offshore Brazil

TGS and joint venture partner SLB have launched the Pelotas Sul Phase 1 multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil. The project covers approximately 13,500 square kilometers using the Ramform Tethys vessel, with data acquisition expected to finish in early Q3 2026. Management noted the survey expands high-quality coverage in a promising frontier region, with contract revenues from joint arrangements in Q2 expected to align with Q1 levels of $32.5 million.

•4mo ago

TGS Prediktor Delivers PowerView™ Plant SCADA for Scatec’s Grootfontein Solar Power Project, South Africa

TGS announced that its Prediktor division will deliver the PowerView™ Plant SCADA solution for Scatec’s Grootfontein solar project in South Africa. The project consists of three photovoltaic plants with a combined capacity of 225 MWAC (273 MWp), connected to the Eskom national grid. The software provides real-time monitoring, control, and performance management, supporting Scatec’s broader 6.2 GW renewable energy portfolio.

•4mo ago

REG-TGS Awarded Streamer 3D Contract in the Africa & Middle East Region

TGS has been awarded a streamer acquisition contract in the Africa & Middle East region. The project utilizes a 3D Ramform vessel and is scheduled to commence in early September 2026, with a duration of approximately 55 days. CEO Kristian Johansen noted that the award builds visibility into the winter season and highlights the value of the company's proprietary GeoStreamer technology for oil and gas exploration.

•4mo ago

TGS Begins First Phase of Major Offshore Seismic Dataset in Equatorial Guinea

TGS has signed an agreement with Equatorial Guinea’s Ministry of Hydrocarbon and Mining Development to begin the first phase of a major offshore MegaSurvey. Phase 1 involves reprocessing approximately 27,273 kilometers of 2D seismic data and 35,000 square kilometers of 3D seismic data, with completion expected in Q3 2026. The project aims to create a harmonized regional dataset to reduce exploration uncertainty and support prospect identification in the Rio del Rey and Rio Muni basins.

•4mo ago

REG-TGS Awarded Offshore Wind Site Characterization Contract in Europe

TGS has been awarded an offshore wind site characterization contract in Europe, with data acquisition scheduled to begin in early August. The contract has a duration of approximately three weeks and will utilize the Ramform Vanguard vessel and Ultra High Resolution 3D streamer technology. CEO Kristian Johansen noted that the company is actively pursuing further tenders to extend its 2026 acquisition campaign into the fourth quarter.

•5mo ago

TGS Acquires Apparition Geoservices to Deliver a Step-Change in Seismic Efficiency and Subsurface Imaging

TGS has acquired Apparition Geoservices GmbH to secure exclusive access to its proprietary simultaneous source acquisition and separation technology. The integration of Apparition with TGS' existing Gemini EFS technology is expected to deliver operational efficiency gains of up to 30% and improve subsurface imaging clarity. This acquisition strengthens TGS's technology portfolio, enabling scalable multi-source seismic programs across OBN, towed streamer, and UHR3D surveys, thereby reducing project timelines and costs for clients.

•5mo ago

REG-TGS Awarded Streamer 4D Contract Offshore Norway

TGS has been awarded a 4D streamer contract for seismic monitoring in the Norwegian North Sea. A Ramform Titan-class vessel will mobilize in late July for a 45-day survey, utilizing the company's proprietary GeoStreamer technology. CEO Kristian Johansen highlighted the win as evidence of the strength of their acquisition platform and its ability to support clients in optimizing oil and gas production.

•5mo ago

REG-TGS Awarded OBN Contract Offshore Norway

TGS has been awarded a new Ocean Bottom Node (OBN) contract in the Norwegian North Sea, with mobilization scheduled to begin in June 2026. The contract has a duration of approximately 25 days and will be executed in parallel with an existing acquisition campaign using a ROV-based solution. CEO Kristian Johansen highlighted the company's strong track record in project execution and ability to deliver high-quality data on time as key factors in securing the award.

•5mo ago

REG-TGS announces a new multi-client 3D survey in the Norwegian North Sea

TGS announced a new multi-client 3D streamer acquisition and processing project in the Åsta Graben area of the Norwegian North Sea, expanding on existing data coverage. The project is supported by industry funding and is scheduled to start imminently with an expected duration of approximately 75 days. CEO Kristian Johansen noted that securing support for the acquisition underscores continued industry confidence in the region.

•6mo ago