Thursday, January 12, 2012

TGS Sees Sales Growth of 25% as Exploration Spending Expands

http://www.bloomberg.com/news/2012-01-10/tgs-sees-sales-growth-of-25-as-exploration-spending-expands-1-.html

TGS-Nopec Geophysical ASA (TGS), a Norwegian oilfield surveyor, expects sales to rise as much as 25 percent for oil and gas companies. Net revenue will reach $700 million to $760 million, up from $609 million in 2011.

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