TGS ASA (FRA:TGC)
€ 8.305 0.095 (1.16%) Market Cap: 1.64 Bil Enterprise Value: 2.24 Bil PE Ratio: 37.20 PB Ratio: 0.88 GF Score: 86/100

PGS ASA and TGS Combine to Establish the Premier Energy Data Company Transcript

Sep 18, 2023 / 08:00AM GMT
Release Date Price: €13.34 (+6.13%)
Kristian Kuvaas Johansen
TGS ASA - CEO

Welcome to the presentation of a very exciting combination of TGS and PGS to create the Premier Energy Data Company. It's a great and rainy day in Oslo, but today, I really feel the sunshine. And I feel the sunshine because of the announcement this morning of a combination of TGS and PGS to establish the leading global energy data company or the Premier Global Energy Data Company of the world. The combined entity will have leading technologies and a robust position in all verticals. Multi-Client, data acquisition, both streamer and ocean bottom nodes, imaging and cloud compute and last but not least, new energy with a particular focus on offshore wind and CCS. It's a great day for the 2,000 employees of both companies. Together with you, our ambition is to create the most attractive workplace, whether you're a geoscientist, technologists or other functions.

It's also a big day for our clients. You will enjoy working with a supplier that can serve all your exploration data needs backed by balance sheet, allowing continuous innovation and technology

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