TGS Signs Letter of Intent for 3D Vessel

TGS Signs Letter of Intent for 3D Vessel 
ASKER, NORWAY -- (Marketwire) -- 12/17/12 --  TGS announces that it
has signed a Letter of Intent with Dolphin Geophysical AS to charter
the 16 streamer new build vessel, M/V Sanco Swift, for 3D
multi-client projects in Europe during the 2013 summer season. The
charter will begin in July and last for approximately three months.  
The details of the individual projects to be completed under this
charter will be announced separately. 
Company summary
 TGS-NOPEC Geophysical Company (TGS) provides
multi-client geoscience data to oil and gas Exploration and
Production companies worldwide. In addition to extensive global
geophysical and geological data libraries that include multi-client
seismic data, magnetic and gravity data, digital well logs,
production data and directional surveys, TGS also offers advanced
processing and imaging services, interpretation products, permanent
reservoir monitoring and data integration solutions.  
For more information visit TGS online at www.tgs.com. 
Forward-looking statements and contact information
 All statements in
this press release other than statements of historical fact are
forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove
accurate. These factors include TGS' reliance on a cyclical industry
and principal customers, TGS' ability to continue to expand markets
for licensing of data, and TGS' ability to acquire and process data
products at costs commensurate with profitability. Actual results may
differ materially from those expected or projected in the
forward-looking statements. TGS undertakes no responsibility or
obligation to update or alter forward-looking statements for any
reason. 
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock
Exchange (OSLO: TGS). 
For additional information about this press release please contact:  
Kristian Johansen
Chief Financial Officer
Office: +47 66 76 99 00
Cell: +47 47 60 33 34
Email: kristian.johansen@tgs.com 
Will Ashby 
Director Investor Relations and M&A
Office: +1 713 860 2184
Email: will.ashby@tgs.com 
 
 
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