- CEO
- Kristian Kuvaas Johansen
- Full Time Employees
- 1,640
- Sector
- Technology services
- Industry
- Data processing services
- Address
- Lilleakerveien 4c Oslo AK Norway 0283
- IPO Date
- Jul 9, 1998
- Business
- TGS ASA provides geoscience data and intelligence services to the global energy industry; its core offerings encompass a comprehensive multi-client seismic data library covering mature, emerging, and frontier basins worldwide; geophysical data including multi-client seismic surveys; geological data such as well data products and interpretive studies; advanced imaging services featuring 2D and 3D seismic imaging in depth and time domains, marine, land, and ocean bottom node (OBN) acquisition with GeoStreamer technology across seven Ramform vessels; data processing and analytics; cloud-based data applications and solutions; new energy solutions including digitized subsurface models for offshore wind, solar, geothermal, carbon capture and storage (CCS), and offshore minerals; high-performance computing; and integrated subsurface insights supporting exploration, production, and energy transition initiatives. TGS ASA operates globally with key offices in Oslo (Norway), Houston (Texas), London (UK), Rio de Janeiro (Brazil), Perth (Australia), Kuala Lumpur (Malaysia), and Egypt, serving oil and gas exploration companies, renewable energy developers, and national oil firms across diverse markets. Founded in 1981 and headquartered at Askekroken 11 in Oslo, Norway, the company, formerly TGS-NOPEC Geophysical Company ASA until its name change in June 2021, employs nearly 2,000 people and lists on the Oslo Stock Exchange (TGS.OL) as part of the OBX Index, with OTCQX trading under TGSNF and TGSGY. In July 2024, TGS ASA completed its $865 million merger with PGS ASA, forming an integrated energy data and services powerhouse enhancing multi-client libraries, acquisition capabilities, imaging technologies, and new energy offerings, complemented by a new executive team and strategic capital markets updates; recent developments include a three-year capacity agreement with Chevron for marine streamer and OBN services in November 2025, an OBN contract award in Europe in December 2025, extensions and new agreements with governments of Somalia and Comores for offshore data marketing in November 2025, multi-client projects in India Andaman and Brazil Pelotas Basin, a partnership with EOLOS for floating LiDAR wind data in October 2025, $550 million senior secured notes issuance and new credit facilities in November 2024, and planned 2025 multi-client investments of $425-475 million.