TGS ASA - Company Profile
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TGS ASA (TGS), formerly TGS-NOPEC Geophysical Co ASA, provides geo-scientific data products and services to the oil and gas industry for assisting in licensing rounds and the preparation of regional data programs. Diversified offerings, Asset-light business model, and active portfolio management are its strengths, even as increasing debt could be a cause for concern. Nevertheless, strategic acquisition, new projects and partnerships could provide adequate growth opportunities to the company. However, fluctuations in oil and gas prices, stringent regulations and rapid technological changes could affect its operations.
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