OSLO, NORWAY (24 July 2025) – The shares in TGS ASA will be traded ex dividend NOK 1.58 (USD 0.155) as from today, 24 July 2025. ...

Core Insights - The Q2 2025 results were negatively impacted by postponed data licensing deals, challenging operational conditions on a streamer project, and lower partner participation in multi-client projects, leading to reduced revenue recognition [1][5] - Despite short-term caution from clients due to macroeconomic uncertainty and high oil price volatility, the long-term need for exploration remains strong, as large E&P companies face declining production rates without new reserves [1] Financial Performance - Order inflow for Q2 2025 was USD 133 million, resulting in a total order backlog of USD 425 million [5] - Net cash flow improved to USD 11 million in Q2 2025, compared to a negative cash flow of USD 13 million in Q2 2024 [5] - The company is maintaining a stable dividend payment of USD 0.155 per share to be paid in Q3 2025 [5] Cost Management - Gross operating costs for 2025 are expected to be approximately USD 950 million, down from previous guidance of USD 1,000 million, driven by efficiency gains and vessel scheduling [5]

OSLO, Norway (8 July 2025) – TGS ASA (“TGS”), a leading global provider of energy data and intelligence, routinely publishes a quarterly operational update six working days after quarter-end. For Q2 2025, it also includes a financial update. The table below shows TGS’ normalized Ocean Bottom Node (OBN) crew count¹: Q2 2025Q2 2024Normalized crew count Contract1 1.72.7Normalized crew count Multi-client11.10.0 1) The table shows the average number of crews in operation when assuming a normalized crew size. ...

Group 1 - TGS, a leading global provider of energy data and intelligence, will release its Q2 2025 results on July 17, 2025, at 07:00 a.m. CEST [1] - The presentation of the results will be conducted by CEO Kristian Johansen and CFO Sven Børre Larsen at 09:00 a.m. CEST, and it will be webcasted live [1] - The Q2 2025 earnings release and presentation will be accessible on TGS's official websites [1] Group 2 - TGS provides advanced data and intelligence to companies in the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [2] - The company offers a comprehensive range of insights to assist clients in making informed decisions, supported by a diverse energy data library [2] - TGS is recognized as a trusted partner in the exploration and production of energy resources globally [2]

Core Insights - TGS, in collaboration with Viridien, has launched Laconia Phase III, a significant ocean bottom node (OBN) survey program in the Gulf of America, covering approximately 150 OCS blocks [1][2] - The program aims to provide Ultra Long Offset OBN data using advanced technologies, enhancing geophysical imaging clarity and targeting the Paleogene play in the central Keathley Canyon area [2][4] - Initial products from the Laconia Phase III survey are expected to be delivered in Q1 2026, with the acquisition phase ongoing through Q3 2025 [3] Company Overview - TGS is recognized as a global leader in energy data and intelligence, offering advanced data solutions across the energy value chain [5][6] - The company emphasizes its commitment to delivering high-quality seismic solutions to support the energy industry [4] - TGS's collaboration with Viridien leverages both companies' strengths to provide high-impact datasets for offshore exploration [4]

Core Insights - TGS has formed a strategic partnership with Oseberg to enhance its Well Data Analytics (WDA) platform by integrating Oseberg's lease data attributes, which will improve analysis capabilities for energy sector companies [1][2]. Group 1: Partnership Details - The first phase of the integration allows WDA users to access lease ownership data for Texas, New Mexico, and Oklahoma, along with other subsurface well data, facilitating more efficient well planning and risk reduction [2]. - The collaboration aims to optimize development strategies by aligning drilling programs with land ownership and leasehold constraints, with applications in merger and acquisition analysis, project site planning, investment evaluation, and resource inventory management [2]. Group 2: Statements from Executives - Carl Neuhaus, VP of Well Data Products at TGS, emphasized that the partnership combines high-quality lease data with comprehensive geological and well databases, enabling users to verify land ownership quickly and improve development planning accuracy [3]. - Evan Anderson, CEO of Oseberg, highlighted the importance of structured and context-rich information for decision-making, noting that their focus is on structuring unstructured filings to provide critical insights for reserves and strategy [3][4]. Group 3: Company Backgrounds - TGS boasts the industry's most extensive well data library, with over 100 years of curated public and non-public sources, and offers a user-friendly WDA tool that integrates high-quality well data with advanced visualization and customizable dashboards [5]. - Oseberg is a next-generation data company that transforms unusable oil and gas public filings into actionable intelligence, utilizing a specialized NLP engine to handle complex data formats and provide real-time insights [6].

Core Insights - TGS has initiated a geophysical survey for the Green Volt floating offshore wind farm, which is Europe's first commercial-scale floating wind farm at 560 MW [1][2] - The project is a joint venture between Flotation Energy and Vårgrønn, aimed at developing a specialized UK floating wind supply chain [2][12] - The survey will utilize advanced technologies to enhance geological understanding and support site planning and risk assessments [3][6] Company Overview - TGS is a leading global provider of energy data and intelligence, with a significant presence in the UK, employing over 200 staff across three offices [4][9] - The company offers a comprehensive range of insights and advanced data technologies to support energy exploration and production [9] Project Details - The Green Volt project will feature up to 35 floating wind turbines, providing clean power to the UK grid and facilitating electrification of oil and gas platforms [11] - The project aims to reduce carbon emissions by one million tonnes per year, contributing to the UK's net-zero targets [12] - Green Volt has secured all necessary planning approvals and was awarded a Contract for Difference (CfD) by the UK Government in September 2024 [12] Survey Technology - The survey will employ integrated Multibeam Echo Sounder, Side Scan Sonar, Sub-bottom Profiler, and Magnetometer sensors to collect ultra-high resolution 3D seismic data [3][6] - UHR3D data will provide detailed insights into subsurface conditions, helping to identify geological hazards and improve site assessment [6][7]

Company Overview - Transportadora de Gas del Sur (TGS) is an Argentine energy company involved in the production and commercialization of natural gas, highlighting its significance in Argentina's energy sector [1]. Investment Opportunity - TGS presents a compelling investment opportunity linked to Argentina's energy potential, suggesting a favorable outlook for the company's growth and profitability [1].

Group 1 - Transportadora de Gas del Sur (NYSE: TGS) is experiencing structural changes after years of frozen rates, with a normalization of the regulated business expected to begin in 2024 [1] - Starting in May 2025, TGS will implement an automatic monthly inflation update to adjust rates [1]

Group 1 - TGS, a leading provider of energy data and intelligence, is attending investor meetings at the EAGE industry conference [1] - The company has included a new slide in its presentation that shows booked positions for streamer and OBN for the upcoming quarters [1] - The presentation is available for download on TGS's official website and news web [1] Group 2 - For further inquiries, TGS has provided contact information for Bård Stenberg, VP of IR & Communication [1]