TGS-NOPEC Geophysical Company

[TekBot]

TGS - Mandatory notification of trade

OSLO, NORWAY (14 June 2024) – Christopher Finlayson, Chair of the Board of Directors, has today purchased 8,750 shares in TGS ASA at a price of NOK 121.70592. Following this, he directly and indirectly holds 29,300 shares in TGS.
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Kilde

[TekBot]

Major Shareholder Disclosure Notification - TGS ASA

Please see attachment on www.newsweb.no
…

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Kilde

[Salamis]

Kaster kortene i gamechanger

[Thomastoget]

900 000 aksjer igjen er vel ikke akkurat å kaste kortene, han er kjent for å trade ganske hardt med en del av beholdningen

[aksjewonka]

Vel, en kan jo undres over hvorfor slike formuleringer brukes…

[aksjewonka]

Skikkelig dumpestemning - så får vi se om oppgangen kommer Ila dagen.

[TekBot]

TGS and PGS - Key Dates for Completion of Merger

OSLO, Norway (20 June 2024) - Reference is made to the joint stock exchange
announcement on 18 September 2023 by TGS ASA (“TGS” or the “Company,” OSE: TGS)
and PGS ASA (“PGS,” OSE: PGS) regarding the combination of the two companies
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(the “Merger”) to establish the premier energy data company, as well as the
announcements on 25 October 2023 and 1 December 2023 regarding, respectively,
the execution of the definitive merger agreement and approval by the
extraordinary general meetings.

Reference is also made to subsequent announcements related to the regulatory
approval process, latest on 11 June 2024, where it was reported that all
conditions for completion of the Merger have been satisfied.

On this basis, it is currently expected that completion of the Merger will occur
on 1 July 2024. Key dates and information for the completion of the Merger will
then be as follows:

Last day of trading in PGS shares on |1 July 2024
OSE (and last day of trading inclusive |
of right to merger consideration) |
----------------------------------------±-------------------------------------
Effective date for completion of the |1 July 2024 (after close of trade)
Merger |
----------------------------------------±-------------------------------------
First day of trading in the combined |2 July 2024
company on OSE |
----------------------------------------±-------------------------------------
Record date for delivery of |3 July 2024
consideration shares to former PGS |
shareholders |
----------------------------------------±-------------------------------------
Record date for payment of cash |3 July 2024
consideration to former PGS |
shareholders |
----------------------------------------±-------------------------------------
Delivery of consideration shares to |4 July 2024
former PGS shareholders |
----------------------------------------±-------------------------------------
Payment of cash consideration to former|9 July 2024
PGS shareholders (paid as return on |
paid in capital) |
----------------------------------------±-------------------------------------
ISIN (TGS, unchanged) |NO 0003078800
----------------------------------------±-------------------------------------
Transferor company |PGS ASA
----------------------------------------±-------------------------------------
Transferee company |TGS Newco AS, with consideration
|shares issued by TGS ASA
----------------------------------------±-------------------------------------
Merger consideration |PGS shareholders will for each PGS
|share held per the record date
|receive:
|
|- 0.06829 shares in TGS, and
|
|- NOK 0.20419 in cash (to paid as
|return of paid-up capital without
|withholding of tax).
----------------------------------------±-------------------------------------
Date of approvals |1 December 2023 (extraordinary general
|meetings)

For further information on the Merger and the complete terms and conditions for
the Merger, please see the merger plan for the Merger available on www.tgs.com
and www.pgs.com.

For more information, contact:

TGS:
Sven Børre Larsen
Chief Financial Officer
Email: investor@tgs.com

PGS:
Gottfred Langseth
Chief Financial Officer
Email: ir@pgs.com

Disclosure:

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

About TGS:

TGS provides scientific data and intelligence to companies active in the energy
sector. In addition to a global, extensive and diverse energy data library, TGS
offers specialized services such as advanced processing and analytics alongside
cloud-based data applications and solutions.

Forward Looking Statement:

All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict and are based upon
assumptions as to future events that may not prove accurate. These factors
include volatile market conditions, investment opportunities in new and existing
markets, demand for licensing of data within the energy industry, operational
challenges, and reliance on a cyclical industry and principal customers. Actual
results may differ materially from those expected or projected in the forward-
looking statements. TGS undertakes no responsibility or obligation to update or
alter forward-looking statements for any reason.

Kilde

[aksjewonka]

Good News

[TekBot]

NOTIFICATION OF MAJOR HOLDINGS

Please see attachment on www.newsweb.no
…

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Kilde

[TekBot]

Disclosure of large Shareholdings

Please see attachment on www.newsweb.no
…

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Kilde

[TekBot]

OTC Markets Group Welcomes TGS ASA to OTCQX

OSLO, Norway (24 June 2024) - OTC Markets Group Inc.
(https://www.otcmarkets.com/stock/OTCM/quote?utm_source=Press%20Release&utm_medi
um=Press%20Release&utm_campaign=New%20OTCQX%20Company) (OTCQX: OTCM), operator
…

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of regulated markets for trading 12,000 U.S. and international securities, today
announced TGS ASA
(https://www.otcmarkets.com/stock/TGSNF/quote?utm_source=Press+Release&utm_mediu
m=Press+Release&utm_campaign=New+OTCQX+Company) (Oslo Bors: TGS; OTCQX: TGSNF,
TGSGY), a company that provides energy data and intelligence to companies and
investors across energy markets, has qualified to trade on the OTCQX® Best
Market. TGS ASA upgraded to OTCQX from the Pink® market.

TGS ASA begins trading today on OTCQX under the symbols “TGSNF” and “TGSGY.”
U.S. investors can find current financial disclosure and Real-Time Level 2
quotes for the company on www.otcmarkets.com (http://www.otcmarkets.com).

Upgrading to the OTCQX Market is an important step for companies seeking to
provide transparent trading for their U.S. investors. For companies listed on a
qualified international exchange, streamlined market standards enable them to
utilize their home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial standards, follow
best practice corporate governance and demonstrate compliance with applicable
securities laws.

Sven Borre Larsen, CFO at TGS, commented, “Entering the OTCQX Market marks an
important milestone for TGS ASA. By joining this market, we aim to enhance
recognition and engagement among a broader base of U.S. investors, also making
it easier for a larger group of U.S. investors to access our shares. This move
underscores our commitment to maintaining high financial standards and best
practice corporate governance. We are confident that cross-trading on OTCQX will
provide additional long-term value to our shareholders by increasing
transparency, accessibility and trading volumes, ultimately contributing to the
sustained growth and success of TGS ASA.”

About TGS ASA
TGS provides energy data and intelligence to companies and investors across
energy markets. We offer the world’s largest global energy data library,
including seismic data, magnetic and gravity data, multi-beam and coring,
digital well log and production data, wind energy data, data to identify CCS
opportunities, and other types of renewable data. And, with the recent
acquisition of Magseis Fairfield, we are now also the world’s leading OBN
provider. In addition, we also offer specialized services such as advanced
processing and analytics, data management and cloud-based data applications and
solutions.

Contact:
Sven Børre Larsen, Chief Financial Officer
Email: investor@tgs.com (mailto:investor@tgs.com)

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading
12,000 U.S. and international securities. Our data-driven disclosure standards
form the foundation of our three public markets: OTCQX® Best Market, OTCQB®
Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market
infrastructure that broker-dealers rely on to facilitate trading. Our
innovative model offers companies more efficient access to the U.S. financial
markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS,
operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets,
visit www.otcmarkets.com (http://www.otcmarkets.com).

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
(mailto:media@otcmarkets.com)

Kilde

[hummels]

Kan noen forklare denne?

[aksjewonka]

@TekBot

OTCQX Market

Usikker - er det snakk om dobbellisting ?

What Is OTCQX? Definition, Criteria for Stocks, and Other Tiers

[petter.wotsan]

This will offer company more exposure to investors from US.
It is not listed on any of the US exchanges yet, and listing like this is same as listing on OTC market in Oslo but here it is for US investors.

It is like now ordinary investors from US can also buy TGS. ( as I understand)

[aksjewonka]

Perhaps a step towards listing on one of the more notable exchanges…

[oddone]

AI svarer følgende på spørsmål om fordeler med listing på OTCQX før NYSE:

Listing on the OTCQX before moving to the NYSE offers several strategic benefits for companies:

1. Enhanced Liquidity: Companies often experience a significant increase in trading volume and liquidity after listing on the OTCQX. This is due to the higher number of broker-dealers and the increased trading activity by U.S. investors[1][2].

2. Increased Transparency: The OTCQX provides a fully electronic trading platform with real-time quotes, which enhances transparency and investor confidence. This can be particularly beneficial for companies looking to build a strong reputation in the U.S. market[1][2].

3. Lower Costs: Listing on the OTCQX is generally less expensive than listing on major exchanges like the NYSE. Companies can leverage their existing reporting standards and avoid the more stringent and costly requirements of the Sarbanes-Oxley Act and SEC reporting[1][4].

4. Market Visibility and Credibility: Being listed on the OTCQX can improve a company’s visibility and credibility among investors, which can be a stepping stone to meeting the more rigorous requirements of the NYSE. This increased visibility can attract institutional investors and enhance the company’s market profile[3].

5. Strategic Flexibility: The OTCQX allows companies to maintain their primary listing in their home market while gaining access to U.S. investors. This dual listing can enhance liquidity in both markets and provide a cost-effective way to raise capital and increase global investor awareness[4].

These benefits make the OTCQX an attractive option for companies planning to eventually uplist to the NYSE, as it provides a platform to build financial strength, market presence, and investor confidence.

[petter.wotsan]

It looks like that.

[TekBot]

TGS Announces New Wind and Metocean Measurement Campaign Offshore California

OSLO, Norway (26 June 2024) - TGS, a global provider of energy data and
intelligence, has announced a new campaign for offshore wind and metocean
measurement located in Morro Bay, off the U.S. West Coast. This initiative
…

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further expands the company’s pioneering multi-client wind and metocean
measurement initiatives in key global offshore wind regions.

The campaign seeks to greatly enhance the industry’s understanding of offshore
conditions across three wind energy lease areas in Morro Bay by calibrating TGS
proprietary wind models with observational data.

This three-year deployment in an area with an average depth of 1,000 meters will
be the first by TGS on the West Coast of the United States and will add to its
comprehensive library of wind and metocean data collected on the East Coast US,
Norway and Germany. The data gathered will offer crucial insights throughout the
floating wind farm development lifecycle. This includes environmental impact
assessments and technical decisions such as turbine selection, layout
optimization, foundation design, and operations and maintenance planning.
Additionally, it will enable more accurate modeling of capital expenditures
(CAPEX), operational expenditures (OPEX), potential energy production, and grid
requirements. High-quality ocean current measurements and tidal information
collected over this period will be valuable for grid connection planning, while
accurate atmospheric turbulence intensity observations will provide key inputs
for wind farm energy yield.

Supplied by EOLOS, the buoy is equipped with advanced sensors designed to
capture detailed measurements of wind, metocean, and environmental data. Key
metrics include wind speed and direction at turbine hub height, wave heights,
ocean current data across the full water column, and monitoring of birds, bats
and fish. Data will be continuously streamed, quality-controlled, and made
available daily to customers via Wind AXIOM, TGS’ state-of-the-art site
evaluation and wind data analytics platform. Wind AXIOM enables wind developers
and stakeholders to improve the quality and speed of their decision-making
processes by identifying the most critical factors affecting the viability of
offshore wind projects.

As with all wind and metocean campaigns conducted by TGS, the multi-client
approach will allow multiple customers to subscribe to the same floating LiDAR
data, thus reducing development costs and timelines. Similar initiatives have
already been successfully deployed on the East Coast of the United States, in
Germany, and offshore Norway, where fleet-wide LiDAR data availability averages
94% across all TGS deployments at a 140-meter measurement height.

Kristian Johansen, CEO of TGS, commented, “TGS remains committed to supporting
the growth of the global offshore wind industry. We are excited to bring our
solutions to California, where floating wind technology is gaining momentum.
With our multi-client floating LiDAR campaign, we make high-quality wind and
metocean data more accessible, enhancing investment and planning decisions and
contributing to the success of U.S. offshore wind development. This ninth LiDAR
deployment within the last two years demonstrates our commitment and the multi-
client model’s continued value to the offshore wind industry. It provides
superior data earlier to developers worldwide, helping them reduce risk
throughout the project lifecycle.”

This deployment is supported by funding from the offshore wind industry and is
expected to be launched in Q3 2024.

About TGS
TGS provides scientific data and intelligence to companies active in the energy
sector. In addition to a global, extensive and diverse energy data library, TGS
offers specialized services such as advanced processing and analytics alongside
cloud-based data applications and solutions.

Forward-Looking Statement
All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict and are based upon
assumptions as to future events that may not prove accurate. These factors
include volatile market conditions, investment opportunities in new and existing
markets, demand for licensing of data within the energy industry, operational
challenges, and reliance on a cyclical industry and principal customers. Actual
results may differ materially from those expected or projected in the forward-
looking statements. TGS undertakes no responsibility or obligation to update or
alter forward-looking statements for any reason.

For more information, visit TGS.com (http://www.tgs.com) or contact:

Sven Børre Larsen
Chief Financial Officer
investor@tgs.com (mailto:investor@tgs.com)

Kilde

[aksjewonka]

@TekBot

This deployment is supported by funding from the offshore wind industry and is
expected to be launched in Q3 2024.

Great sucess

[Basket]

Kun aksjekursen som ikke er enig…