TGS-NOPEC Geophysical Company

TekBot · august 11, 2026, 5:01am

TGS Vesting Under the 2023 Long-term Incentive Plan

Oslo, Norway (11 August 2026) - In accordance with the measures approved by the
shareholders of TGS at the Annual General Meeting on 10 May 2023, the Board of
Directors of TGS ASA authorized TGS to grant Performance Stock Units (PSUs) and
…

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Restricted Stock Units (RSUs) under the 2023 Long Term Incentive Plan to key
employees of TGS on 8 August 2023. 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 measurement
period of 1 January 2023 to 31 December 2025. The granted PSUs and RSUs were
secured by free-standing warrants.

In accordance with the terms of the 2023 Long Term Incentive Plan, the PSUs and
RSUs vested on 8 August 2026, resulting in a total of 159 PSU/RSU holders having
the right to request the issuance of a total of 367,704 TGS shares at par value
NOK 0.25. The TGS Board of Directors determined that the final payout on the
PSUs is 40.0% based on achievement of performance metrics set forth in the plan,
resulting in a total of 181,204 shares issuable to 31 holders of the vested
PSUs. In addition, 186,500 shares are issuable to 128 employees for the
vesting of the RSUs.

PSU/RSU participants will have a portion of their vested shares cash settled by
TGS, using the fair market value of the shares as defined under the plan, to
cover tax withholding obligations and other necessary deductions that arise in
connection with the vest.

The following primary insiders have the right to request the issuance of the
following number of TGS shares related to the vesting of the PSUs/RSUs, a
portion of which may be cash-settled as described above:

---- Kristian Johansen - 25,292 shares

---- Sven Børre Larsen - 12,000 shares

---- William Ashby - 10,692 shares

---- Tana Pool - 10,692 shares

---- David Hajovsky - 10,692 shares

----Carel Hooijkaas - 10,692 shares

---- Whitney Eaton - 10,692 shares

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

Bård Stenberg
VP IR & Business Intelligence
investor@tgs.com

About TGS

TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com.

Kilde

TekBot · august 17, 2026, 8:59am

TGS Vesting Under the 2023 Long-term Incentive Plan

Oslo, Norway (17 August 2026) - Reference is made to the stock
exchange announcement on 11 August 2026 published by TGS regarding vesting of
Performance Stock Units (PSUs) and Restricted Stock Units (RSUs).
…

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The vesting of PSUs and RSUs granted by TGS in 2023 in accordance with the
terms of the 2023 Long Term Incentive Plan resulted in the right for a total of
160 participants to request the issuance of an aggregate of up to 371,224 shares
of TGS common stock pursuant to free-standing warrants subscribed by
the participant at the time of grant. Participants had the right to request TGS
to settle a portion of the vested units in cash to allow satisfaction of
employees’ tax withholding obligations arising as a result of the vest.

Following the vest of PSUs and RSUs, an aggregate of 253,049 new shares of
TGS common stock have been issued to the 160 employees, which amount is net of
any units that were settled in cash. The following reflects the shares issued
to the primary insiders:

---- Kristian Johansen - 19,133 shares

---- Sven Børre Larsen - 6,354 shares

---- William Ashby - 5,666 shares

---- Tana Pool - 8,088 shares

---- David Hajovsky - 8,088 shares

---- Carel Hooijkaas - 8,088 shares

---- Whitney Eaton - 8,088 shares

For more information, visit TGS.com (http://www.tgs.com) or contact:
Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com

About TGS
TGS provides advanced data and intelligence to companies active in the
energy sector. With leading-edge technology and solutions spanning the entire
energy value chain, TGS offers a comprehensive range of insights to help clients
make better decisions. Our broad range of products and advanced data
technologies, coupled with a global, extensive and diverse energy data library,
make TGS a trusted partner in supporting the exploration and production of
energy resources worldwide. For further information, please visit www.tgs.com.

Kilde

TekBot · august 17, 2026, 11:30am

TGS Awards Performance Share Units and Restricted Share Units

Oslo, Norway (17 August 2026) - TGS has issued awards of Performance Share Units
(PSUs) and Restricted Share Units (RSUs) to 293 key employees of the Company, as
authorized by the shareholders of the company at its Annual General Meeting on
…

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29 April 2026. 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 stock. Each PSU
represents the right to receive a maximum of 1.5 shares, while each RSU
represents the right to receive one share.

The PSUs are granted to members of the executive and senior leadership teams and
will vest 17 August 2029, provided the employee remains employed with TGS on the
vesting date. Upon vesting, the PSUs will be converted to the right to receive
TGS shares on the terms approved by the Annual General Meeting, depending on
performance versus target metrics. The number of shares issuable upon vesting
will be determined by multiplying the number of PSUs granted by a factor of 0%
to 150%. The factor is determined by performance against three target metrics:
(i) Absolute Total Shareholder Return (TSR), (ii) Relative TSR, and (iii) HSE
and Sustainability goals. TSR performance is measured by the three-year period
commencing on the Date of Grant and ending on the Vesting Date. HSE and
Sustainability performance is measured for the period 1 January 2026 through 31
December 2028.

The RSUs are granted to executives, senior leadership teams and other certain
key employees and will also vest on 17 August 2029, provided the employee
remains employed at vesting and has achieved a satisfactory performance rating
against their goals over the three-year plan period. Upon vesting, the holder
of the RSUs will receive an equivalent number of TGS shares.

The list of the primary insiders receiving PSUs and RSUs is attached. The
maximum number of new shares to be issued under the awarded PSUs and RSUs is
1,900,000.

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

Bård Stenberg
VP IR & Business Inteligence
Mobile: +47 992 45 235
investor@tgs.com

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com.

Kilde

TekBot · august 18, 2026, 5:01am

TGS Awarded Multi-Year AI Seismic Foundation Model Contract

OSLO, Norway (18 August 2026) - TGS, a leading provider of energy data and
intelligence, has been awarded a multi-year contract by an international oil
company (IOC) for the development and delivery of AI-powered seismic foundation
…

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model capabilities and intelligent subsurface interpretation.

The multi-year contract will leverage TGS Seismic Foundation Model (TGS SFM) to
accelerate structural and stratigraphic interpretation, enhancing subsurface
evaluation and interpretation across selected exploration and development
workflows.

The TGS Seismic Foundation Model is an AI model trained on TGS’ global seismic
multi-client library to learn geological patterns directly from seismic data. It
helps interpreters work faster and more consistently by supporting a wide range
of subsurface interpretation workflows.

Kristian Johansen, CEO of TGS, commented: “We are very pleased to be awarded
this multi-year contract, which demonstrates the growing commercial adoption of
the TGS Seismic Foundation Model among international oil companies. By combining
our extensive seismic data expertise with advanced artificial intelligence, we
are enabling customers to transform how subsurface data is interpreted and how
insights are generated at scale. This contract represents a significant
commercial deployment of the TGS Seismic Foundation Model and reinforces TGS’
position at the intersection of energy data, AI and intelligence.”

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

Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · august 18, 2026, 5:01am

TGS Announces Sarawak Phase 4 Offshore Malaysia

OSLO, Norway (18 August 2026) - TGS, a global provider of energy data and
intelligence, announces the Sarawak Phase 4 multi-client program offshore
Malaysia, covering approximately 1,020 square kilometers.
…

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The Ramform Sovereign is scheduled to mobilize for the survey in the fourth
quarter and acquisition is expected to be completed in December 2026.

The survey is the fourth phase of a multi-client contract to acquire and process
up to 105,000 square kilometers of multi-client 3D seismic data in Sarawak. Over
twenty thousand square kilometers have been acquired over the first three
phases.

Kristian Johansen, TGS CEO, commented: “Sarawak basins are one of the most
prolific hydrocarbon-bearing basins in Southeast Asia, holding major reserves of
both oil and gas proven by numerous discoveries in recent years. TGS is pleased
to announce Phase 4 of the Sarawak multi-client program, which will support the
growing exploration interest of energy companies in this region. Malaysia
continues to form a key part of our multi-client data library and we look
forward to delivering high-quality multi-sensor Geostreamer seismic data across
the Sarawak basins.”

PETRONAS, through Malaysia Petroleum Management (MPM), is actively enhancing its
data sets that will introduce new plays to be explored, especially in imaging
the pre-Middle Miocene Unconformity (MMU) play in the deep-water area of Sarawak
Basin. This enhancement will enable clients to effectively conduct an assessment
of the potential opportunities for exploration and participate in the Malaysia
Bid Round.

The project is supported by industry funding.

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

Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS

TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · august 19, 2026, 5:01am

TGS Awarded Streamer Contract

OSLO, Norway (August 19, 2026) - TGS, a leading provider of energy data and
intelligence, is pleased to announce the award of a streamer acquisition
contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to
…

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mobilize in the fourth quarter of 2026, with the survey expected to have a
duration of approximately 110 days.

Kristian Johansen, CEO of TGS, commented: “We are very pleased to secure this
contract award, which extends our streamer acquisition backlog well into the
first quarter of 2027. The award reflects continued demand for high-quality
seismic data in support of offshore exploration activity. By combining the
industry-leading capacity of our Ramform Titan-class vessels with our
proprietary GeoStreamer technology, we are well positioned to deliver superior
data quality and help our client unlock new resource potential in the
Mediterranean.”

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

Bård Stenberg
VP IR & Business intelligence
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · august 25, 2026, 5:01am

TGS Awarded Extension to Largest Seismic Acquisition Project Offshore Indonesia

OSLO, Norway (25 August 2026) - TGS, a leading provider of energy data and
intelligence, is pleased to announce a one-month extension to the largest
seismic streamer acquisition contract offshore Indonesia. The extension is
…

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scheduled to commence in August.

Kristian Johansen, CEO of TGS, commented, “We are very pleased to secure this
contract extension, which reflects the continued confidence our client has in
the Ramform Sovereign and our GeoStreamer® technology. The project further
strengthens revenue visibility while enabling us to deliver high-quality seismic
data with industry-leading acquisition efficiency.”

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

Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · august 28, 2026, 6:13am

Major Shareholder Disclosure Notification - TGS ASA

TekBot · september 3, 2026, 6:07am

Major Shareholder Disclosure Notification - TGS ASA

TekBot · september 16, 2026, 5:02am

TGS Presentation at Pareto Securities’ 33rd Annual Energy Conference

Richardames · september 16, 2026, 9:34am

Fra Sharewater sin presentasjon på Pareto konferansen idag. Skjer noe nå…

TekBot · september 25, 2026, 12:39pm

Financial calendar

TekBot · oktober 7, 2026, 2:30pm

TGS Webcast Details for Q3 2026 Presentation

Oslo, Norway (7 October 2026) - TGS, a leading global provider of energy data
and intelligence will release its Q3 2026 results at approximately 07:00 a.m.
CEST on 22 October.
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CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at
09:00 a.m. CEST on 22 October. The presentation will be webcasted live.

Webcast access and registration are available by copying and pasting the link
below into your browser, or use the link on the front page of www.tgs.com
(http://www.tgs.com):
TGS Webcast Q3 2026

The Q3 2026 earnings release and presentation will be available on www.tgs.com
and www.newsweb.no.

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

Bård Stenberg, VP IR & Business Intelligence
Mobile: +47 992 45 235
E-mail: investor@tgs.com

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

Kilde

TekBot · oktober 8, 2026, 5:01am

TGS Q3 2026 Operational Update

OSLO, Norway (8 October 2026) - TGS, a leading global provider of energy data
and intelligence, routinely publishes a quarterly operational update six working
days after quarter-end.
…

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The table below shows TGS’ normalized Ocean Bottom Node (OBN) crew count1:

±--------------------------------------±--------±--------+
| | Q3 2026 | Q3 2025 |
±--------------------------------------±--------±--------+
| Normalized crew count Contract(1) | 2.2 | 1.8 |
±--------------------------------------±--------±--------+
| Normalized crew count Multi-client(1) | 0.0 | 1.0 |
±--------------------------------------±--------±--------+

(1) The table shows the average number of crews in operation when assuming a
normalized crew size. )

The table below shows TGS’ allocation of active seismic streamer 3D vessel
capacity(2).

±------------------±--------±--------+
| | Q3 2026 | Q3 2025 |
±------------------±--------±--------+
| Contract | 53% | 45% |
±------------------±--------±--------+
| Multi-client | 22% | 28% |
±------------------±--------±--------+
| Steaming | 18% | 10% |
±------------------±--------±--------+
| Yard | 7% | 8% |
±------------------±--------±--------+
| Standby | 0% | 9% |
±------------------±--------±--------+
| Number of vessels | 6 | 6 |
±------------------±--------±--------+

(2) The statistics include active seismic 3D streamer vessels (capacity working
on site characterization projects is excluded). )

Based on preliminary financial review, TGS expects multi-client investment to be
approximately USD 63 million in Q3 2026, compared to USD 85.9 million in Q3
2025.

Kristian Johansen, CEO of TGS, commented: “The normalized Ocean Bottom Node
(OBN) crew count in Q3 was 2.2, slightly above expectations. During the quarter,
TGS completed an OBN contract in the Gulf of America for a client where we have
a long-term capacity agreement and a node-on-a-rope contract in Europe. Despite
high streamer 3D vessel booking going into Q3, utilization came in lower than
expected due to operational challenges on a North Sea multi-client project that
was completed in September. Looking ahead, we expect streamer 3D vessel
utilization to remain high, with all our streamer 3D vessel capacity booked for
Q4.”

TGS will release its Q3 2026 results at 07:00 a.m. CEST on 22 October 2026. CEO
Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00
a.m. CEST, webcasted live.

The webcast can be followed live via this link:
TGS Webcast Q3 2026

For more information, visit TGS.com (http://www.tgs.com) or contact:
Bård Stenberg, VP IR & Business Intelligence
Tel.: +47 992 45 235
E-mail: investor@tgs.com (mailto:investor@tgs.com)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · oktober 13, 2026, 5:00am

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

OSLO, Norway (13 October 2026) - TGS, a global provider of energy data and
intelligence, in joint venture with SLB, announces the Pelotas Sul Phase 2
multi-client 3D survey offshore southern Brazil. The survey will cover
…

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approximately 11,200 square kilometers.

A Ramform Titan-class vessel is scheduled to commence data acquisition in
October 2026, with completion in Q2/Q3 2027.

Building on Pelotas Sul Phase 1, acquired earlier this year, the new survey will
further expand TGS’ high-quality 3D seismic coverage in a frontier basin that
continues to attract industry interest. The Pelotas Basin is supported by
geological analogs along the conjugate margin and de-risked by discoveries in
Namibia. The basin offers a broad range of underexplored play concepts,
including turbidite systems, deep-water channels, and stratigraphic and
structural traps.

Pelotas Sul Phase 2 includes a balanced mix of held and open acreage. This
provides data coverage relevant to companies evaluating existing acreage, while
also creating opportunities linked to future licensing rounds and potential
farm-in activity.

Kristian Johansen, CEO of TGS, commented: “Pelotas Sul Phase 2 builds on the
strong foundation established by Phase 1 and further expands our coverage in a
basin that is attracting growing client interest. The project will provide
additional high-quality subsurface insight across both held and open acreage,
supporting our customers as they evaluate existing positions and future
exploration opportunities in the southern Pelotas Basin.”

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

Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS

TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · oktober 22, 2026, 5:02am

TGS Quarterly Dividend

OSLO, NORWAY (22 October 2026) - Following the authorization from the Annual
General Meeting on 29 April 2026, the Board of TGS ASA has resolved to
distribute a quarterly dividend of the NOK equivalent of USD 0.155 per share
…

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(NOK 1.45 per share) in Q4 2026.

Key information relating to the cash dividend:

Dividend amount and declared currency: USD 0.155 per share (equivalent to
NOK 1.45 per share)

Last trading day including right: 28 October 2026

Ex-date: 29 October 2026

Record date: 30 October 2026

Payment date: 12 November 2026

Date of approval: 21 October 2026

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

Kilde

TekBot · oktober 22, 2026, 5:02am

TGS Announces Q3 2026 Results

OSLO, Norway (22 October 2026) - TGS today reports interim financial results for
Q3 2026.

…

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Financial highlights:

Revenues of USD 397 million driven by high contract activity, compared to
USD 388 million in Q3 2025

EBITDA of USD 222 million, including USD 41 million in gain from sale of the
well data business, compared to USD 242 million in Q3 2025

EBIT of USD 86 million, including USD 41 million in gain from sale of the
well data business, compared to USD 94 million in Q3 2025

Cost impacted by operational challenges

Robust order inflow1 of USD 357 million resulting in a total order backlog1
of USD 679 million, a Y/Y increase of 52%

Dividend of USD 0.155 per share to be paid in Q4 2026

"The third quarter saw strong contract activity across both the 3D streamer
vessel fleet and the Ocean Bottom Node (OBN) operations, resulting in the
highest contract revenues since the fourth quarter of 2024. Although a higher
activity level led to year-over-year growth in revenue, margins were negatively
impacted by a combination of higher costs, driven by operational challenges, and
low contract pricing. Going forward we are pleased to see a stronger pipeline of
streamer contract opportunities, with clients competing for available capacity
on several occasions. This development gives us confidence that contract pricing
will improve from 2027. In OBN, tendering activity continues to increase,
reinforcing our expectation of higher activity levels next year.

Our order intake continues to be strong, supported by a healthy mix of new
contract awards and multi-client projects during the quarter, bringing total
backlog to USD 679 million, up 52% from Q3 last year. The streamer fleet is
fully booked for the fourth quarter, and visibility has improved significantly
compared with the same period last year, enabling us to optimize asset
allocation. Given the increased volume of contract work in the pipeline, we have
decided to defer certain multi-client projects. As a result, we now expect
multi-client investments in 2026 to be approximately USD 510 million, compared
with our previous guidance of approximately USD 550 million.

Sustained high oil prices have strengthened our customers’ cash flows, while a
marked increase in acreage awards has created a growing inventory of areas yet
to be evaluated and explored. Together, these developments are driving demand
for high-quality seismic data and reinforce our confidence in the opportunities
ahead," says Kristian Johansen, CEO of TGS.

Management presentation
CEO Kristian Johansen and CFO Sven Børre Larsen will present the results today
at 09:00 a.m. CEST. The presentation will be webcasted live.

Webcast access and registration are available by copying and pasting the link
below into your browser, or use the link on the front page of www.tgs.com
(http://www.tgs.com):
TGS Webcast Q3 2026

The Q3 2026 earnings release and presentation will be available on www.tgs.com
and www.newsweb.no.

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

Bård Stenberg, VP IR & Business Intelligence
Mobile: +47 992 45 235
E-mail: investor@tgs.com (mailto:investor@tgs.com)

(1Order inflow and backlog excludes the North American well data business, which
was sold in Q3 2026.)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · oktober 22, 2026, 6:03am

TGS Announces Q3 2026 Results - Correction

Correction: the updated Q3 2026 earnings release now includes Note 12.
Everything else unchanged.

…

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OSLO, Norway (22 October 2026) - TGS today reports interim financial results for
Q3 2026.

Financial highlights:

Revenues of USD 397 million driven by high contract activity, compared to
USD 388 million in Q3 2025

EBITDA of USD 222 million, including USD 41 million in gain from sale of the
well data business, compared to USD 242 million in Q3 2025

EBIT of USD 86 million, including USD 41 million in gain from sale of the
well data business, compared to USD 94 million in Q3 2025

Cost impacted by operational challenges

Robust order inflow1 of USD 357 million resulting in a total order backlog1
of USD 679 million, a Y/Y increase of 52%

Dividend of USD 0.155 per share to be paid in Q4 2026

"The third quarter saw strong contract activity across both the 3D streamer
vessel fleet and the Ocean Bottom Node (OBN) operations, resulting in the
highest contract revenues since the fourth quarter of 2024. Although a higher
activity level led to year-over-year growth in revenue, margins were negatively
impacted by a combination of higher costs, driven by operational challenges, and
low contract pricing. Going forward we are pleased to see a stronger pipeline of
streamer contract opportunities, with clients competing for available capacity
on several occasions. This development gives us confidence that contract pricing
will improve from 2027. In OBN, tendering activity continues to increase,
reinforcing our expectation of higher activity levels next year.

Our order intake continues to be strong, supported by a healthy mix of new
contract awards and multi-client projects during the quarter, bringing total
backlog to USD 679 million, up 52% from Q3 last year. The streamer fleet is
fully booked for the fourth quarter, and visibility has improved significantly
compared with the same period last year, enabling us to optimize asset
allocation. Given the increased volume of contract work in the pipeline, we have
decided to defer certain multi-client projects. As a result, we now expect
multi-client investments in 2026 to be approximately USD 510 million, compared
with our previous guidance of approximately USD 550 million.

Sustained high oil prices have strengthened our customers’ cash flows, while a
marked increase in acreage awards has created a growing inventory of areas yet
to be evaluated and explored. Together, these developments are driving demand
for high-quality seismic data and reinforce our confidence in the opportunities
ahead," says Kristian Johansen, CEO of TGS.

Management presentation
CEO Kristian Johansen and CFO Sven Børre Larsen will present the results today
at 09:00 a.m. CEST. The presentation will be webcasted live.

Webcast access and registration are available by copying and pasting the link
below into your browser, or use the link on the front page of www.tgs.com
(http://www.tgs.com):
TGS Webcast Q3 2026

The Q3 2026 earnings release and presentation will be available on www.tgs.com
and www.newsweb.no.

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

Bård Stenberg, VP IR & Business Intelligence
Mobile: +47 992 45 235
E-mail: investor@tgs.com (mailto:investor@tgs.com)

1Order inflow and backlog excludes the North American well data business, which
was sold in Q3 2026.

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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

TekBot · oktober 29, 2026, 6:00am

TGS - Ex dividend of NOK 1.45 per share today

TekBot · november 12, 2026, 6:01am

TGS Awarded OBN Contract offshore Namibia

OSLO, Norway (12 November 2026) - TGS, a leading global provider of energy data
and intelligence, is pleased to announce the award of an OBN contract offshore
Namibia. A deep-water crew is scheduled to mobilize in Q4, with the contract
…

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expected to have a duration of approximately 120 days.
?
Kristian Johansen, CEO of TGS, commented, " We are very pleased to secure this
OBN contract offshore Namibia for a repeat customer, providing visibility for
one of our OBN crews into Q2 next year. There is an improving pipeline of OBN
opportunities for 2027, with activity predominantly centered around the South
Atlantic basins. We look forward to leveraging our acquisition capabilities to
deliver timely, high-quality data to support the client in making informed
decisions for further field development."

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

Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com (mailto:investor@tgs.com)

About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).

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