TGS-NOPEC Geophysical Company explained

TGS
Type:Public company
Foundation:1981 by Prentis Tomlinson
Location:Oslo, Norway
Key People:Kristian Johansen (CEO) Sven Bore Larsen ,(CFO), Christopher Finlayson (Chairman)
Area Served:Global
Industry:Oil & Gas
Services:Energy data and analytics, acquisition solutions, imaging services, new energy solutions, reservoir characterization, well and log data, asset management, and data management.
Revenue:US $585.6 million (2019)[1]
Net Income:US $113.111 million (2019)
Assets:US $ 2,194,889 million (2019)
Equity:US $1,292.979 million (2013)
Num Employees:2,000

TGS, formerly TGS NOPEC Geophysical Company ASA [2] is an energy data and analytics company. It gathers, interprets, and markets seismic and geophysical data regarding subsurface terrains worldwide in order to evaluate oil and gas formations for drilling operations.[3] TGS is listed on the Oslo Stock Exchange, was founded by a 1998 merger of TGS (Tomlinson Geophysical Services Inc.), Calibre Geophysical Co. Inc (founded in 1981), and NOPEC (Norwegian Petroleum Exploration Consultants) International ASA founded in 1981, with financial headquarters in Oslo, Norway and operational headquarters in Houston, Texas.[3]

The Company is led by CEO Kristian Johansen with nearly 2,000 employees around the globe with main offices located in Oslo, Houston,[3] London, Rio de Janeiro and Perth.

See also

Notes and References

  1. Web site: Annual Report 2019 . TGS-NOPEC . 22 Oct 2020.
  2. Web site: SEC Prospectus 424B3 for American Depository Shares. 11 Feb 2022.
  3. Web site: Supreme Court of Texas. GEOPHYSICAL COMPANY TGS NOPEC v. COMBS . 11 Feb 2022.