TGS Q4 2024 Operational Update OSLO, Norway (9 January 2025) – TGS, a leading global provider of energy data and intelligence routinely publishes a quarterly operational update six working days after quarter-end. The table below shows TGS’s normalized Ocean Bottom Node (OBN) crew count: 202220232024Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2<td style="width:45px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ...

(6 January 2025) – TGS, a global provider of energy data and intelligence announced today the launch of the Dawson Phase III 3D multi-client seismic survey in the Western Canadian Sedimentary Basin. Spanning 141 square kilometers, this new survey will be merged with 121 square kilometers from the existing Dawson Phase II 3D. Field recording has just completed, with Fast Track data expected in the first quarter of 2025 and final delivery in the second quarter of 2025. The project utilizes advanced imaging te ...

OSLO, Norway (20th November 2024) – TGS ASA ("TGS" or the "Company"), a global leader in energy data and intelligence, today announced that it has priced its offering (the "Offering") of $550 million aggregate principal amount of 8.50% Senior Secured Notes due 2030 (the "Notes") at a price equal to 100.0% of the aggregate principal amount thereof. Interest will be payable semi-annually. In connection with the Offering, the Company has also announced that it has entered into new super senior secured credit f ...

Oslo, Norway (18th November 2024) – Following a series of fixed income investor meetings as previously communicated, TGS ASA (“TGS” or the “Company”), a global leader in energy data and intelligence, announces the launch of an offering (the “Offering”) of Senior Secured Notes with an expected aggregate principal amount of $550 million and maturity in 2030 (the “Notes”). In connection with the Offering, the Company also expects to enter into a senior secured credit facilities agreement, the proceeds from whi ...

Oslo, Norway (11th November 2024) – TGS ASA, a global leader in energy data and intelligence, is set to meet fixed income investors starting on Monday 11th of November. J.P. Morgan, Danske Bank and DNB Markets are hosting a series of fixed income investor meetings on Monday 11th, Tuesday 12th and Wednesday 13th of November. A transaction may follow, subject inter alia to market conditions. The purpose of the contemplated transaction would be to refinance and/or repurchase existing debt of the TGS group as ...

Transportadora de Gas del Sur (NYSE: TGS ) released its 3Q24 results without many changes to the situation already evidenced in 2Q24: the transportation segment's profitability has exploded, while midstream and liquids are more challenged in pesos while performing in dollars (because of FXLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, ...

OSLO, Norway (23 October 2024) – TGS ASA, a leading provider of energy data and intelligence is assigned a ‘BB-‘ rating from S&P with stable outlook. S&P’s rating on TGS ASA reflects the company’s conservative financial policies and relatively strong credit measures after the transformative acquisition of PGS. S&P is raising their issuer credit rating on TGS Newco (formerly PGS ASA) and its USD 450 million senior secured notes by three and two notches respectively, from ‘B-‘ to ‘BB-‘ and from ‘B’ to ‘BB-‘ ...

OSLO, Norway (27 September 2024) – TGS ASA, a leading provider of energy data and intelligence is assigned Ba3 rating with a stable outlook from Moody's. The USD 450 million backed senior secured notes (originally issued by Petroleum Geo-Services AS, a fully owned subsidiary of TGS) are upgraded two notches from B2 to Ba3 with a stable outlook. Moody's press release announcing the rating action is available on their home page https://www.moodys.com/. For more information, visit TGS.com or contact: Bård Sten ...

Oslo, Norway (2 September 2024) – TGS, a leading global provider of energy data and intelligence, is pleased to announce that CEO Kristian Johansen will present at the Barclays CEO Energy-Power Conference in New York City on Tuesday, 3 September, 2024, beginning at 3:00 p.m. EDT. A live audio cast of the presentation is available from the link below and on the TGS website, www.tgs.com. A replay will be available for 180 days. Audiocast link: https://gbr01.safelinks.protection.outlook.com/? url=https%3A%2F%2 ...

H 11 L B TH the E 0 the t in I t t 11 # onurdongel This article analyzes Transportadora de Gas del Sur S.A. (NYSE:TGS) 2Q24 results and earnings call. It also reviews the company's valuation compared to its future earnings potential. The main point from 2Q24 earnings is the impressive effect of the tariff adjustment of 700% (in Argentinian pesos) for the transportation segment. This segment, which was generally a breakeven business for TGS, printed close to ARS 70 billion (about $55 million depending on the ...