TGS-NOPEC Geophysical Company

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TGS and WesternGeco Announce Engagement Phase 2 in the U.S. Gulf of Mexico

OSLO, Norway (3 January 2022) - TGS, a global provider of energy data and
intelligence, in a strategic collaboration with WesternGeco(®), the geophysical
services product line of Schlumberger, today announced the continuation of their
…

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ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf
of Mexico. Data processing and imaging are by WesternGeco.

The 168 OCS block survey began in August 2021 and is expected to be completed
during the first quarter of 2022. Key to this project is the uplift these data
bring to full-waveform inversion (FWI) velocity model building. The results from
this data processing are expected in mid-2022. This project is supported by
industry funding and extends the Engagement Phase 1 survey acquired to the north
in 2020.

Kristian Johansen, CEO at TGS, commented: “Starting with Amendment Phase 1 in
2019, TGS and WesternGeco have been at the forefront of ultra-long offset OBN
acquisition in the U.S. Gulf of Mexico. The success of the previous projects
drives us to continue providing this step-change in image quality to our clients
over this highly prospective area.”

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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
CFO
+47 90 94 36 73
investor@tgs.com (mailto:investor@tgs.com)

Kilde

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TGS Q4 2021 Revenue Update

OSLO, Norway (10 January 2022) - Based on preliminary reporting from operating
units, TGS management expects net segment revenues* for the fourth quarter of
2021 to be approximately USD 119 million, compared to USD 120 million Q4 2020.
…

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Net IFRS revenues* are expected to be approximately USD 105 million, compared to
USD 143 million in Q4 2020.

Kristian Johansen, CEO at TGS, commented: “We experienced a stronger than normal
seasonal uptick in sales in Q4, mainly driven by a solid performance by the U.S.
Gulf of Mexico portfolio. Together with the improved order inflow seen over the
past few months, this serves as an indication of a slowly improving market. I am
also pleased to see that the strong cash generation continues. Cash flow before
dividends, buy-backs and inorganic data purchases amounted to approximately USD
44 million in the quarter, resulting in a cash balance of approximately USD 215
million at year-end”.

TGS will release the interim Q4 2021 financial statement on 10 February 2022.

*For the purpose of Segment reporting, multiclient revenues committed prior to
completion of projects are recognized on a percentage of completion (“POC”)
basis. This differs from IFRS reporting where revenues committed prior to
completion are recognized when the customers receive access to the finished
data.

Adjustments between preliminary IFRS and Segment revenue numbers for Q4 2021:

Preliminary IFRS reported revenue: USD 105 million

• Revenue recognized from performance obligations met during Q4 for completed
  projects: USD 40 million

• Revenue recognized under POC during Q4: USD 54 million
  = Preliminary net segment reported revenue: USD 119 million

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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 further information, please contact:

Sven Børre Larsen
CFO
Tel.: +47 90 94 36 73
E-mail: investor@tgs.com

Kilde

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TGS Announces New Extensive Regional 2D-cubed Reprocessing Project in Indonesia

OSLO, Norway (10 January 2022) - TGS, a global provider of energy data and
intelligence, today announced a project designed to help drive exploration
across the South Makassar and North East Java regions. Processing has begun on
…

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the East Java Sea 2D-cubed project. This project will utilize 2D-cubed
technology to integrate all existing seismic data across a 270,000 square
kilometer area to create a one-stop tool for regional evaluation.

The dataset will combine over 120,000 kilometers of 2D seismic data from over
80 legacy surveys into a single exploration tool and create a well data package
comprising 88 wells. The final multi-client product, supported by Ditjen Migas,
Pusdatin ESDM, SKK Migas and Pertamina, will be unrivaled in its coverage. A
single conformable seismic volume will allow customers to develop structural and
geological models in their pre-study evaluation process.

This project covers significant acreage in the 2nd 2021 Indonesian License
round, including the Agung-I and Agung-II blocks. Early project deliverables are
expected from Q2 2022.

2D-cubed is a unique technology from TGS that generates a 3D seismic volume from
a set of 2D lines. It uses an advanced structurally conformable interpolation
algorithm to maximize the potential of existing 2D multi-vintage and 3D data.
The resultant volume can be used for both regional interpretation and the
optimization of subsequent 3D and 2D survey designs. TGS has undertaken similar
large-scale projects in other Asia Pacific basins in places such as Timor-Leste
and Australia to industry acclaim. This technology has also been applied
offshore Sakhalin, Russia, and throughout the Norwegian and UK North Seas.

Kristian Johansen, CEO at TGS, said: “TGS is committed to developing multi-
client seismic projects that help drive exploration in Indonesia. This regional
product will enable exploration companies to efficiently assess hydrocarbon
prospectivity and initiate studies on vast volumes of data in unprecedented
timeframes.”

This project is supported by industry funding.

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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
CFO
+47 90 94 36 73
investor@tgs.com (mailto:investor@tgs.com)

Kilde

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TGS Announces Second Reprocessing Project Offshore Indonesia in 2022

OSLO, Norway (11 January 2022) - TGS, a global provider of energy data and
intelligence, today announced it has commenced a broadband 2D regional seismic
data reprocessing project covering the offshore Natuna Basin, Indonesia.
…

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The project encompasses both West and East Natuna, tying key wells to create a
new regional framework, including coverage of Natuna D Alpha, the largest
undeveloped gas field in Southeast Asia, and the Paus block in the current
Indonesia Petroleum Bid Round 2021.

Over 6,500 kilometers of relevant regional 2D field data will be processed
through a modern comprehensive reprocessing sequence comprising Pre-Stack Time
Migration and Pre-Stack Depth Migration with FWI, allowing customers to develop
structural and geological models in their pre-study evaluation process.

This project is complemented by TGS’ adjacent multi-client activity offshore
Malaysia.

Kristian Johansen, CEO at TGS, commented: “Through the Natuna 2D reprocessing
project, the exploration industry will greatly benefit from access to a modern
reprocessed seismic data framework with a regional overview designed to help re-
invigorate exploration across the offshore Natuna Basin”.

This project is supported by industry funding. Availability of the deliverables
is expected in late Q4 2022.

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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
CFO
+47 90 94 36 73
investor@tgs.com (mailto:investor@tgs.com)

Kilde

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TGS - Q4 2021 Earnings Webcast

OSLO, Norway (1 February 2022) - Following the pre-announcement of its Q4 2021
revenues, TGS will release its entire Q4 2021 results at 7:00 am CET on 10
February 2022.
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CEO Kristian Johansen and CFO Sven Børre Larsen will present the results and
business update during a live webcast at 09.00 am CET.

Access and registration for online attendees is available by copying and pasting
this link into your browser:
https://channel.royalcast.com/landingpage/hegnarmedia/20220210_9/
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A recorded version of the entire presentation will be available on TGS.com
(http://www.tgs.com) after the live event.

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

Sven Børre Larsen
CFO
Tel: +47 90 94 36 73
E-mail: investor@tgs.com (mailto:investor@tgs.com)

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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

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TGS Announces Q4 2021 Results

OSLO, Norway (10 February 2022) - TGS today reported interim financial results
for Q4 2021.

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Net IFRS revenues amounted to USD 105 million in Q4 2021, compared to USD 143
million in Q4 2020. EBITDA was USD 69 million, and the operating result was USD
-101 million, compared to USD 127 million and USD -25 million, respectively, in
Q4 2020.

Net segment revenues (1) amounted to USD 120 million in Q4 2021, the same as in
Q4 2020. Segment EBITDA was USD 84 million versus USD 104 million in the same
quarter of 2020, while the segment operating result amounted to USD -88 million
compared to USD -68 in Q4 2020. The results include impairments of the multi-
client library of USD 97 million.

Free cash flow (2) amounted to USD 55 million in Q4 2021, up from USD 28 million
in Q4 2020. After shareholder distribution of USD 19 million, the cash balance
totaled USD 215 million on 31 December 2021 versus USD 196 million a year
earlier. For the full year of 2021 free cash flow (2) amounted to USD 162
million, up from USD 14 million in 2020.

The solid financial position allows TGS to maintain the quarterly dividend at
USD 0.14 per share and continue its share repurchase program with a remaining
value of up to USD 4.3 million.

“Although the multi-client market remains at a low level in a historical
perspective, we have seen several positive signs of improvement lately, and the
sales momentum in Q4 2021 was better than previous quarters. This is further
underlined by the strong order inflow of more than USD 160 million experienced
during the quarter,” says Kristian Johansen, CEO of TGS. “Our clients are
currently experiencing record high cash flow and have indicated significant E&P
spending increases for 2022. Recent conversations with key customers indicate
that this should impact seismic spending positively. The more positive market
outlook along with our strong balance sheet, allow us to increase our multi-
client investments for 2022.”

A live webcast of the results and business update, featuring CEO Kristian
Johansen and CFO Sven Børre Larsen, will be broadcasted today at 9:00 am CET.

Access and registration for online attendees is available by copying and pasting
this link into your browser:
https://channel.royalcast.com/landingpage/hegnarmedia/20220210_9/

A recorded version of the entire presentation will be available on TGS.com
(http://www.tgs.com) after the live event.

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

Sven Børre Larsen
CFO
Tel: +47 90 94 36 73
E-mail: investor@tgs.com

Notes
1 - IFRS versus Segment Reporting:
The main difference between IFRS and Segment reporting relates to revenue
recognition. Under IFRS revenue recognition generally is deferred until project
completion and delivery to the customer when performance obligations are met.
Under Segment reporting, net revenue from projects-in-progress is recognized
based on Percentage of Completion (POC). Revenue recognition has subsequent
effects on the recognition of amortization of the multi-client library. Please
see annual report for a complete description of the Company’s accounting
principles.

Adjustments between IFRS and Segment revenue numbers for Q4 2021:
IFRS reported revenue: USD 105 million

• Revenue recognized from performance obligations met during Q4 for completed
  projects: USD 40 million

• Revenue recognized under POC during Q4: USD 55 million
  = Preliminary net segment reported revenue: USD 120 million

Differences in EBIDTA and operating result between IFRS and segment reporting
are caused by the aggregate differences in revenues and the resulting impact on
amortization.

2 - Defined as Cash flow from operations after investments in the multi-client
library.

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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

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Ex Dividend USD 0.14 Today

The shares in TGS ASA will be traded ex dividend USD 0.14 (NOK 1.24) as from
today, 17 February 2022.

…

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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.

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)
+47 909 43 673

Kilde

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TGS Share Repurchase

Oslo, Norway (25 February 2022) - On period from 22 February 2022 to 24 February
2022, TGS ASA (TGS) purchased 65,000 own shares on the Oslo Stock Exchange at an
average price of NOK 95.9353 per share. Following the purchase TGS owns
…

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1,399,261 shares, representing 1.191% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on
11 February 2021.

±-----------------------------------------------------------------------------+
|Overview of transactions |
±---------------------±-----------------±---------------±------------------+
|Date |Aggregated daily |Weighted average|Total daily |
| |volume (number of |share price per |transaction value |
| |shares) |day (NOK) |(NOK) |
±---------------------±-----------------±---------------±------------------+
|22-Feb-22 |5,000 |96.0000 |480,000 |
±---------------------±-----------------±---------------±------------------+
|23-Feb-22 |30,000 |96.2235 |2,886,705 |
±---------------------±-----------------±---------------±------------------+
|24-Feb-22 |30,000 |95.6363 |2,869,089 |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
|Previously disclosed |1,319,261 |102.8720 |135,715,024 |
|buy-backs under the | | | |
|program (accumulated) | | | |
±---------------------±-----------------±---------------±------------------+
|Accumulated under the |1,384,261 |102.5463 |141,950,818 |
|buy-back program | | | |
±---------------------±-----------------±---------------±------------------+
| |
±-----------------------------------------------------------------------------+
|The issuer’s holding of own shares: |
| |
|Following the completion of the above transactions, TGS owns a total of |
|1,399,261 own shares, corresponding to 1.191% of TGS’ share capital. |
| |
| |
| |
|Appendix: |
| |
|An overview of all transactions made under the buy-back programme that have |
|been carried out during the above-mentioned time period is attached to this |
|report and available at www.newsweb.no. |
±-----------------------------------------------------------------------------+

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.

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

[TekBot]

Declaration of Holdings - TGS ASA

Independent Franchise Partners, LLP hereby notifies you, according to the Securities Trading Act, that Independent Franchise Partners, LLP has reduced its position below the 5% threshold of securities held on behalf of its discretionary managed clients.

The total number of shares held as at the 2nd March 2022 is 5,562,954 which represent 4.74% of the total number of shares in issue, namely 117,441,117.
…

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The total number of shares held with proxy voting authority as at the 2nd March 2022 is 5,177,980 which represents 4.41% of the total number of shares in issue.

This disclosure obligation was triggered by a sale of 1,183,092 shares by Independent Franchise Partners, LLP on the 2nd March 2022.

Independent Franchise Partners, LLP is a discretionary fund manager holding shares indirectly on behalf of its clients.

Kilde

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Mandatory Notification of Trades

OSLO, Norway (2 March 2022) - In February 2019, TGS implemented an
Employee Share Purchase Plan (ESPP) pursuant to which eligible employees can
purchase TGS common shares at a discount through payroll deductions. The ESPP
…

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operates in six-month periods, and at the end of each period, employees have the
option to purchase stock at a 15% discount to the market price at the time of
purchase. The plan sets a maximum purchase of 100 shares per employee per six-
month period. ESPP dividends are reinvested in shares.

On February 27, 2022, the following primary insiders received shares as
participants in the ESPP. The schedule attached reflects the holdings of the
primary insiders following the purchase.

---- Kristian Kuvaas Johansen - 100 shares
---- Tana LaDon Pool - 100 shares

Kilde

[TekBot]

TGS Share Repurchase

Oslo, Norway (03 March 2022) - On period from 25 February 2022 to 02 March
2022, TGS ASA (TGS) purchased 30,592 own shares on the Oslo Stock Exchange at an
average price of NOK 97.2599 per share. Following the purchase TGS owns
…

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1,429,853 shares, representing 1.218% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on
11 February 2021.

±-----------------------------------------------------------------------------+
|Overview of transactions |
±---------------------±-----------------±---------------±------------------+
|Date |Aggregated daily |Weighted average|Total daily |
| |volume (number of |share price per |transaction value |
| |shares) |day (NOK) |(NOK) |
±---------------------±-----------------±---------------±------------------+
|25-Feb-22 |1,000 |95.4764 |95,476 |
±---------------------±-----------------±---------------±------------------+
|28-Feb-22 |29,592 |97.3202 |2,879,899 |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
|Previously disclosed |1,384,261 |102.5463 |141,950,818 |
|buy-backs under the | | | |
|program (accumulated) | | | |
±---------------------±-----------------±---------------±------------------+
|Accumulated under the |1,414,853 |102.4320 |144,926,193 |
|buy-back program | | | |
±---------------------±-----------------±---------------±------------------+
| |
±-----------------------------------------------------------------------------+
|The issuer’s holding of own shares: |
| |
|Following the completion of the above transactions, TGS owns a total of |
|1,429,853 own shares, corresponding to 1.218% of TGS’ share capital. |
| |
| |
| |
|Appendix: |
| |
|An overview of all transactions made under the buy-back programme that have |
|been carried out during the above-mentioned time period is attached to this |
|report and available at www.newsweb.no. |
±-----------------------------------------------------------------------------+

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.

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

[TekBot]

Substantial Shareholding Disclosure

a. Name of Issuer of shares: TGS Nopec

b. Date which holding exceeded threshold: March 2, 2022
…

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c. Name of Shareholder: Sprucegrove Investment Management

d. Number of shares the notification encompasses: 5,048,939 shares (4.30%) based on TGS shares outstanding of 117,441,117 shares

e. Subsequent Situation Prior to Disclosure: 11,724,399 shares (9.98%) based on TGS shares outstanding of 117,441,117 shares

f. Percentage of the votes/shares of the company held in the form of rights to shares: 0

g. The circumstance that triggered disclosure obligation: Sale of shares for client accounts

h. Chain of controlled undertakings through which shares/rights are owned: Shares are held beneficially in client accounts which are managed by Sprucegrove Investment Management

i. Notification concerning rights to shares: Sprucegrove does not hold any rights

Kilde

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TGS Share Repurchase

Oslo, Norway (10 March 2022) - On period from 03 February 2022 to 09 March
2022, TGS ASA (TGS) purchased 60,000 own shares on the Oslo Stock Exchange at an
average price of NOK 117.8959 per share. Following the purchase TGS owns
…

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1,489,853 shares, representing 1.269% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on
11 February 2021.

±-----------------------------------------------------------------------------+
|Overview of transactions |
±---------------------±-----------------±---------------±------------------+
|Date |Aggregated daily |Weighted average|Total daily |
| |volume (number of |share price per |transaction value |
| |shares) |day (NOK) |(NOK) |
±---------------------±-----------------±---------------±------------------+
|3-Mar-22 |20,000 |115.5293 |2,310,586 |
±---------------------±-----------------±---------------±------------------+
|4-Mar-22 |20,000 |113.3461 |2,266,922 |
±---------------------±-----------------±---------------±------------------+
|9-Mar-22 |20,000 |124.8122 |2,496,244 |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
|Previously disclosed |1,414,853 |102.4320 |144,926,193 |
|buy-backs under the | | | |
|program (accumulated) | | | |
±---------------------±-----------------±---------------±------------------+
|Accumulated under the |1,474,853 |103.0611 |151,999,945 |
|buy-back program | | | |
±---------------------±-----------------±---------------±------------------+
| |
±-----------------------------------------------------------------------------+
|The issuer’s holding |
|of own shares: |
| |
|Following the completion of the above transactions, TGS owns a total of |
|1,489,853 own shares, corresponding to 1.269% of TGS’ share capital. |
| |
| |
| |
|Appendix: |
| |
|An overview of all transactions made under the buy-back programme that have |
|been carried out during the above-mentioned time period is attached to this |
|report and available at www.newsweb.no. |
±-----------------------------------------------------------------------------+

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.

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

[petter.wotsan]

Kan noen legge ut den siste toppaksjonærlisten for TGS?
Den på nettsiden deres er for gammel.

[Buffet]

Godt å se aktivitet her. Har ligget på kjøpern her de siste 2 ukene

[TekBot]

TGS Share Repurchase

Oslo, Norway (17 March 2022) - On period from 10 March 2022 to 16 March 2022,
TGS ASA (TGS) purchased 63,000 own shares on the Oslo Stock Exchange at an
average price of NOK 121.0414 per share. Following the purchase TGS owns
…

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1,552,853 shares, representing 1.322% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on
11 February 2021.

±-----------------------------------------------------------------------------+
|Overview of transactions |
±---------------------±-----------------±---------------±------------------+
|Date |Aggregated daily |Weighted average|Total daily |
| |volume (number of |share price per |transaction value |
| |shares) |day (NOK) |(NOK) |
±---------------------±-----------------±---------------±------------------+
|11-Mar-22 |3,000 |123.8667 |371,600 |
±---------------------±-----------------±---------------±------------------+
|14-Mar-22 |20,000 |123.0825 |2,461,650 |
±---------------------±-----------------±---------------±------------------+
|15-Mar-22 |20,000 |121.0535 |2,421,070 |
±---------------------±-----------------±---------------±------------------+
|16-Mar-22 |20,000 |118.5645 |2,371,290 |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
| | | | |
±---------------------±-----------------±---------------±------------------+
|Previously disclosed |1,474,853 |103.0611 |151,999,945 |
|buy-backs under the | | | |
|program (accumulated) | | | |
±---------------------±-----------------±---------------±------------------+
|Accumulated under the |1,537,853 |103.7977 |159,625,556 |
|buy-back program | | | |
±---------------------±-----------------±---------------±------------------+
| |
±-----------------------------------------------------------------------------+
|The issuer’s holding of own shares: |
| |
|Following the completion of the above transactions, TGS owns a total of |
|1,552,853 own shares, corresponding to 1.322% of TGS’ share capital. |
| |
| |
| |
|Appendix: |
| |
|An overview of all transactions made under the buy-back programme that have |
|been carried out during the above-mentioned time period is attached to this |
|report and available at www.newsweb.no. |
±-----------------------------------------------------------------------------+

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.

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

[TekBot]

TGS Approves 2021 Financial Results

OSLO, NORWAY (30 March 2022) - The Board of Directors of TGS ASA has today
approved the financial statements for 2021. The financial statements were
prepared in accordance with IFRS. Please see the attachment for a summary of
…

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changes from the preliminary annual accounts announced on 10 February 2022.

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

Sven Børre Larsen
CFO
Tel: +47 90 94 36 73
E-mail: investor@tgs.com (mailto:investor@tgs.com)

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.

Kilde

[TekBot]

TGS Initiates Peninsular Malaysia Regional 3D Seismic Reprocessing - Dataset Aims to Provide Enhanced Basin Insight

OSLO, Norway (5 April 2022) - TGS, a global provider of energy data and
intelligence, today announced the start of a new 3D reprocessing project
offshore Malaysia, the first stage of which will cover a 16,957 square kilometer
…

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area, integrating existing 3D seismic data offshore Peninsular Malaysia.

Thirty-six 3D seismic surveys of varying vintages covering a key part of the
Malay Basin will be processed through a high-end comprehensive broadband
workflow by TGS’ consortium partner DownUnder GeoSolutions (DUG) in their Kuala
Lumpur processing center. The workflow, which includes FWI, Q-Migration, and Q-
Tomo, will create a single contiguous 3D volume and represents the only way oil
and gas companies can access a modern regional scale dataset to evaluate the
Malay Basin.

This new dataset will allow for improved play mapping and structural
understanding, identification of new exploration and CCS opportunities, and re-
valuation of reserve estimates in late-life assets.

This initial phase is part of a multi-year basin revitalization initiative
awarded by PETRONAS. Stage 1 notably includes acreage in the 2022 Malaysia Bid
Round, such as the exploration block of PM428 and the Abu Cluster identified as
a late-life asset (LLA) prime for re-evaluation, and numerous other oil and gas
clusters tied regionally for the first time in modern processed 3D seismic data.

Kristian Johansen, CEO at TGS, commented, “This is our fifth reprocessing
project announced in Asia Pacific in Q1 2022, demonstrating the demand for
modern data to help address the acute energy supply challenge in this region. In
addition to the Peninsular Malaysia Regional 3D Seismic Reprocessing, TGS, as
part of the Sarawak Multi-Client consortium, is actively acquiring 3D seismic
data offshore Sarawak and is committed to supporting Petronas and other E&P
companies across Malaysia.”

TGS anticipates that the results of this project will encourage renewed
exploration interest in the Malay Basin, enabling project expansion with further
stages up to a total potential project area of over 40,000 square kilometers.

The project is supported by industry funding. Final time and depth migrated
products are expected during Q2 and Q3 2023, although interim products will be
available earlier.

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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

[TekBot]

TGS Announces a Second 3D Multi-Client Seismic Survey in the Egyptian Red Sea

OSLO, Norway (28 February 2022) - TGS, a global provider of energy data and
intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in
partnership with Schlumberger.
…

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This survey represents the second phase of new acquisition for the partners in
this region and will encompass a minimum of 5,000 square kilometers. Data will
be acquired with long offsets and processed using a Pre-Stack Depth Migration
(PSDM) workflow to enable subsalt imaging. The acquisition is expected to start
in April 2022, with final products anticipated in mid-2023 to ensure
availability ahead of future license rounds in the region.

Egypt’s attractive, stable investment climate, enhanced by established
exploration infrastructure and complemented by regular, transparent, and well-
managed licensing rounds, has helped bolster interest in the Red Sea. The region
is considered to hold significant hydrocarbon potential characterized by a wide
range of prospective hydrocarbon systems comprising large, untested structures.

Kristian Johansen, CEO at TGS, commented, “TGS has a strong track record of
success in enhancing exploration efforts in the region. We are committed to our
goal of improving subsurface understanding for our clients in the Egyptian Red
Sea. Through modern acquisition and imaging technologies, we aim to further
increase exploration potential in a country that continues to attract investment
from E&P companies.”

TGS and Schlumberger have a long-term commitment with the Egypt Ministry of
Petroleum and South Valley Egyptian Petroleum Holding Company (GANOPE) to
promote the prospectivity of the Egyptian Red Sea. Through the acquisition and
processing of seismic data. GANOPE is responsible for managing Egypt’s
hydrocarbon resource potential under latitude line 28°.

The survey is supported by industry funding.

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 TGS’ reliance on a cyclical industry and principal customers, TGS’
ability to continue to expand markets for licensing of data, and TGS’ ability to
acquire and process data product at costs commensurate with profitability, as
well as volatile market conditions, which have been exacerbated by the COVID-19
pandemic and the severe drop in oil prices. 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

[petter.wotsan]

Can someone post the latest top Shareholders’ list of TGS here?
The one on their website is very old and they do not reply to an email about the updated list.
It will be much appreciated.