TGS, a major player in energy data and intelligence, has announced the completion of its merger with PGS. The merger signifies a strategic consolidation aimed at enhancing capabilities in the energy sector, providing advanced solutions for companies engaged in energy exploration and production. CEO Kristian Johansen emphasized the merger as a blend of strengths, fostering operational excellence, innovative technology, and exceptional customer service. The company introduced a new executive team combining experience from both TGS and PGS, with leaders positioned in Oslo and Houston. A Capital Markets Day is scheduled for 29 August 2024 in Oslo to detail the company’s strategic vision. TGS also unveiled a new brand identity reflecting its commitment to innovation and customer service in the evolving energy market.
Energy, Technology, Mergers and Acquisitions,Norway, United States
https://www.globenewswire.com/news-release/2024/07/01/2906891/0/en/TGS-Launches-New-Chapter-with-Announcement-of-Merger-Completion-New-Executive-Team-and-Capital-Markets-Day.html