TGS hit by Q1 loss

摘要

TGS posted a loss for Q1 2020 due to impair- ments and lower revenue amid “challenging seis- mic market conditions”. Norway’s TGS reported a net loss for Q1 2020 of US $56m, compared to a $4m profit in Q1 2019. TGS recorded revenue of $52m, down nearly 48% from Q1 2019.