OSLO, NORWAY (19 February 2026) – The shares in TGS ASA will be traded ex dividend NOK 1.47 (USD 0.155) as from today, 19 February 2026. ...

Core Viewpoint - BluEnergies Ltd. has entered into a joint study and application agreement with TotalEnergies SE to explore the Harper Basin's deep water fan play offshore Liberia, aiming to unlock its prospective potential [1][2]. Group 1: Joint Study and Application Agreement (JSAA) - The JSAA aims to establish economically viable drillable prospects within blocks LB-26, LB-30, and LB-31, with plans to apply for production sharing contracts [2]. - A budget has been committed for an 18-month work program that includes advanced seismic reprocessing and sea bottom data acquisition to evaluate hydrocarbon potential [2][6]. Group 2: New Reconnaissance License - A new Reconnaissance License LPRA-003 has been established, covering 8,924 km² (~2.2 million acres) of contiguous blocks [3]. - The license replaces the previous RL-002 and allows for recoverable reconnaissance expenditures under future production sharing contracts [6]. Group 3: Financial Commitments and Historical Context - Under RL-002, the company spent US$1,862,000 (CA$2,570,000) against a minimum expenditure requirement of US$1,600,000 [6]. - The company has delineated seven large-scale discrete Cretaceous aged basin floor fans based on a 3-D seismic survey acquired from TGS [3][5].

Core Viewpoint - TGS ASA has reported significant changes in its operational metrics for Q4 2025, indicating a shift in its seismic vessel utilization and multi-client investment, which reflects a strong market position and operational efficiency [1][3]. Operational Metrics - The normalized Ocean Bottom Node (OBN) crew count for Q4 2025 was 0.7 for contracts and 1.0 for multi-client projects, compared to 3.5 and 0.0 respectively in Q4 2024 [1]. - The allocation of active seismic streamer 3D vessel capacity showed a decrease in contract work from 35% in Q4 2024 to 31% in Q4 2025, while multi-client work increased from 31% to 48% [2]. Financial Overview - TGS expects multi-client investment to reach approximately USD 120 million in Q4 2025, up from USD 100.4 million in Q4 2024 [2]. - The company reported a seismic vessel utilization rate of 79% in Q4 2025, an increase from 73% in the previous quarter [3]. - TGS has reduced its net interest-bearing debt to approximately USD 430 million, indicating a stronger balance sheet [3]. Future Outlook - The company has established a portfolio of multi-client projects offshore Brazil, with plans to maintain half of its streamer fleet in the region into 2026 [3]. - TGS will release its Q4 2025 results on February 12, 2026, with a live presentation by the CEO and CFO [3].

Group 1 - TGS ASA shares will be traded ex dividend at NOK 1.56 (USD 0.155) starting from 30 October 2025 [1]

Core Insights - TGS ASA reported a significant increase in asset utilization for Q3 2025, with a normalized Ocean Bottom Node (OBN) crew count of 2.8 and streamer vessel utilization at 73%, surpassing previous expectations of 2.5 and 65% respectively [2] Group 1: Operational Performance - The normalized OBN crew count for TGS in Q3 2025 was 1.8 for contracts and 1.0 for multi-client projects, compared to 3.8 and 0.0 in Q3 2024 [1] - The allocation of active seismic streamer 3D vessel capacity showed a notable increase in contract utilization to 45% in Q3 2025 from 20% in Q3 2024, while multi-client utilization decreased to 28% from 57% [1] - TGS maintained a consistent number of vessels at 6 for both Q3 2025 and Q3 2024 [1] Group 2: Financial Expectations - TGS anticipates a multi-client investment of approximately USD 86 million in Q3 2025, a decrease from USD 129.4 million in Q3 2024 [1] - The company will release its Q3 2025 results on 23 October 2025, with a presentation by CEO Kristian Johansen and CFO Sven Børre Larsen [2]

Group 1 - TGS ASA has issued 198,926 new shares due to the vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) announced on 11 August 2025 [2] - The capital increase has been registered with the Norwegian Register of Business Enterprises, resulting in a new share capital of NOK 49,149,936.50 [2] - The total number of shares outstanding after the capital increase is 196,599,746, with each share having a par value of NOK 0.25 [2]

Core Points - TGS ASA has authorized the granting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) to key employees as part of the 2022 Long Term Incentive Plan, with the measurement period set from January 1, 2022, to December 31, 2024 [1][2] - The PSUs vested at a final payout of 60.0% based on performance metrics, resulting in 180,810 shares issuable to sixteen holders, while 107,367 shares are issuable to sixty-seven employees for the RSUs [2] - A total of 288,177 shares at par value NOK 0.25 are available for issuance to 83 PSU/RSU holders [2] Company Information - 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] - The company utilizes leading-edge technology and solutions across the entire energy value chain, backed by a global and diverse energy data library [4]

Core Viewpoint - TGS ASA shares will be traded ex-dividend at NOK 1.58 (USD 0.155) starting from 24 July 2025 [1] Company Summary - TGS ASA is set to have its shares traded ex-dividend, indicating a distribution of profits to shareholders [1] - The dividend amount is NOK 1.58, which is equivalent to USD 0.155 [1] Industry Summary - The announcement reflects the company's ongoing commitment to returning value to its shareholders through dividends [1] - The ex-dividend date is a significant event in the financial calendar, impacting share prices and investor decisions [1]

Core Insights - TGS ASA reported a financial update for Q2 2025, indicating a significant increase in revenues compared to Q2 2024, with IFRS revenues expected to be approximately USD 332 million, up from USD 224 million [1][4] - The company faced challenges in Q2 2025, including lower-than-expected data licensing, operational difficulties, and reduced participation from joint venture partners, which impacted revenue recognition [4] Revenue Breakdown - Produced revenues are projected to be around USD 306 million in Q2 2025, compared to USD 215 million in Q2 2024 [2][6] - Contract revenues for Q2 2025 are estimated at USD 171 million, an increase from USD 100 million in Q2 2024 [3] Multi-client Insights - Multi-client revenues are expected to reach approximately USD 135 million in Q2 2025, compared to USD 115 million in Q2 2024 [2] - Multi-client investment is anticipated to be around USD 120 million in Q2 2025, significantly higher than USD 52 million in Q2 2024 [2] Operational Metrics - The normalized Ocean Bottom Node (OBN) crew count for Q2 2025 was 1.7 for contracts and 1.1 for multi-client, compared to 2.7 and 0.0 respectively in Q2 2024 [1] - The allocation of active seismic streamer 3D vessel capacity showed a shift, with contract capacity increasing to 55% from 28% year-over-year [1] Future Outlook - CEO Kristian Johansen expressed optimism about future exploration activity, citing positive developments in Brazil and the US Gulf of America as drivers for increased seismic activity [4]

Group 1 - TGS ASA shares will be traded ex dividend at NOK 1.59 (USD 0.155) starting from 16 May 2025 [1]