In the second quarter of 2026, TGS recorded significant growth in revenue and seismic vessel utilization, achieving its best results in 13 years. The company notes a strengthening of long-term prospects for oil and gas exploration and maintains a stable financial position.
Norwegian investment company HitecVision has fully exited its stake in SED Energy Holdings, selling its share for 1 billion Norwegian kroner. The deal attracted significant interest among investors.
The seismic research sector is showing signs of recovery, driven by growing interest from oil and gas companies in exploration and resource replenishment. This positive trend is reflected in TGS shares, which have risen by nearly 24%.
Researchers have developed detailed 3D models of temperature distributions beneath Greenland, which helps to better understand the region's formation and the ice sheet's response to climate change. This data improves predictions of ice loss and rising sea levels.