TGS

Oslo – October 11, 2026 -- TGS will release its third-quarter 2026 results at approximately 07:00 a.m. CEST on 22 October, with management presenting the figures two hours later in a live webcast.

CEO and CFO to present Q3 figures at 09:00 a.m. CEST

CEO Kristian Johansen and CFO Sven Børre Larsen will lead the 09:00 a.m. CEST presentation on 22 October. The session will be webcast live, and viewers can register through a link on the front page of the company's website.

Earnings release and slides to be published on two platforms

The Q3 2026 earnings release and the accompanying presentation will be available on TGS's corporate website and on the NewsWeb disclosure platform.

TGS describes itself as a global provider of energy data and intelligence. The announcement did not include preliminary financial figures or guidance for the quarter.

Investor inquiries go to Bård Stenberg, VP IR & Business Intelligence.

Oslo – October 11, 2026 -- TGS expects multi-client investment of about USD 63 million in Q3 2026, down from USD 85.9 million in Q3 2025, according to its preliminary financial review.

OBN crew count of 2.2 beats expectations

The normalized Ocean Bottom Node (OBN) crew count for the third quarter was 2.2, slightly above company expectations. TGS completed two OBN contracts during the period: one in the Gulf of America for a client with which it has a long-term capacity agreement, and a node-on-a-rope contract in Europe.

North Sea project drags down streamer utilization

Streamer 3D vessel utilization came in below expectations, even though bookings were high going into the quarter. CEO Kristian Johansen attributed the shortfall to operational challenges on a North Sea multi-client project, which was completed in September.

Oslo – October 11, 2026 -- TGS has launched two regional seismic products for Alaska, including a 2D-cubed volume that integrates roughly 667,640 square kilometers of data across the North Slope, Beaufort Sea and Chukchi Sea.

Great Bear Merge 3D stitches legacy surveys across 1,366 square miles

The Great Bear Merge 3D project combines multiple legacy seismic surveys into a single regional dataset covering approximately 1,366 square miles of Alaska's North Slope. TGS reprocessed the data with modern imaging technologies, including full-waveform inversion (FWI). The company says this improves data quality and continuity across historical survey boundaries.

The result is a consistent regional framework for evaluating exploration and development opportunities.