Core Insights - TGS has announced the PAMA Phase II 3D multi-client survey in the Equatorial Margin area offshore Brazil, expanding its coverage significantly in a highly prospective basin [1][2][4] - The survey will cover an additional 11,500 square kilometers, including blocks nominated for upcoming license rounds in 2026 and 2027 [2] - The project is supported by industry funding and utilizes advanced TGS GeoStreamer technology for high-quality data acquisition [2][4] Industry Context - The Pará-Maranhao Basin is recognized for its functioning deepwater petroleum system, attracting interest due to discoveries in neighboring countries like Guyana and Suriname [3] - TGS aims to leverage its advanced acquisition capabilities to provide substantial value for clients' exploration activities in the basin [4] - The ongoing Megabar extension multi-client project in the Barreirinhas Basin will see two Ramform Titan-class vessels active in the Equatorial Margin through the remainder of 2025 [4]

Core Insights - Viridien and TGS have launched the Megabar Extension Phase I survey in the Barreirinhas Basin, covering 5,300 sq km, aimed at enhancing geological understanding and exploration potential in the region [1][4] - The Barreirinhas Basin is noted for its proven petroleum systems and recent licensing activities by international oil companies (IOCs), indicating a growing interest in the area [2][5] - The survey will utilize TGS's advanced GeoStreamer technology aboard the Ramform Tethys vessel, with data acquisition set to begin in early September and conclude by late November [3] Company Insights - Viridien is a technology and Earth data company focused on providing innovative solutions for natural resource challenges, employing around 3,200 people globally and listed on Euronext Paris [6] - TGS is committed to delivering high-quality data for exploration in Brazil's equatorial margin basins, leveraging its expertise to support the energy industry [5] Industry Insights - The Megabar Extension Phase I survey is positioned in a promising area with no existing 3D data, which could lead to new exploration opportunities and improved prospect evaluation [3][4] - The project is expected to generate significant interest and value for clients, providing them with an early-mover advantage in the underexplored Barreirinhas Basin [5]

Core Insights - TGS has been awarded a significant streamer contract offshore Indonesia, covering approximately 10,000 square kilometers [1] - The project will primarily focus on acquiring 3D seismic data, with a final phase dedicated to 4D seismic data acquisition for production monitoring [2] - The survey is set to commence in Q4 2025 and will last for an estimated total duration of eight months [2] Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced technology and solutions across the entire energy value chain [4] - The company utilizes proprietary GeoStreamer technology and purpose-built vessels to ensure high-quality data delivery and efficient acquisition [3] - TGS supports exploration and production of energy resources globally, backed by a comprehensive range of products and an extensive energy data library [4]

Core Points - TGS has awarded Performance Share Units (PSUs) and Restricted Share Units (RSUs) to 283 key employees, as approved by shareholders at the Annual General Meeting on 8 May 2025 [1][2] - The maximum number of new shares to be issued under the awarded PSUs and RSUs is 1,900,000 [4] Summary of PSUs - PSUs are granted to executive and senior leadership teams, vesting on 15 August 2028, contingent on continued employment [2] - Upon vesting, PSUs convert to shares based on performance against three metrics: Absolute Total Shareholder Return (TSR), Relative TSR, and HSE and Sustainability goals [2] - The number of shares issued upon vesting can range from 0% to 150% of the PSUs granted, determined by performance over a three-year period [2] Summary of RSUs - RSUs are granted to executives, senior leadership teams, and other key employees, also vesting on 15 August 2028, contingent on continued employment and satisfactory performance ratings [3] - Upon vesting, RSU holders will receive an equivalent number of TGS shares [3] Company Overview - TGS provides advanced data and intelligence to the energy sector, offering a comprehensive range of insights to support exploration and production of energy resources [4]

Core Points - TGS has secured a streamer acquisition contract in the East Mediterranean, with operations set to begin in Q3 2025 and lasting approximately 30 days [1][2] Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced data and insights to companies in the energy sector [2] - The company utilizes the Ramform acquisition platform and proprietary GeoStreamer technology to ensure high data quality for clients [2] - TGS provides a comprehensive range of products and advanced data technologies, supported by a global and diverse energy data library, making it a trusted partner in energy resource exploration and production [2]

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]

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 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]

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]

Core Points - TGS has distributed restricted shares to its Directors as part of their compensation, with the Chair receiving 4,000 shares and other Directors receiving 2,400 shares each [1] - After the issuance of restricted shares, TGS holds 141,117 shares as treasury shares [1] - TGS provides advanced data and intelligence to the energy sector, supporting exploration and production of energy resources worldwide [2] Company Overview - TGS utilizes leading-edge technology and solutions across the entire energy value chain, offering a comprehensive range of insights for better decision-making [2] - The company boasts a global, extensive, and diverse energy data library, establishing itself as a trusted partner in the energy industry [2]