Where is TGS located?

TGS is headquartered in Oslo, Norway.

Who is the current CEO of TGS?

Jon Erik Reinhardsen of TGS. They are also an angel investors in 1 startup.

How many employees does TGS have?

As of Mar 31, 2026, the latest employee count at TGS is 1659.

Is TGS a funded company?

TGS is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on May 15, 2013.

When was the latest funding round of TGS?

TGS's latest funding was a $***** Post IPO round on Sep 18, 2023, with participation from 0 investor.

Where does TGS rank among its competitors?

TGS ranks 3rd amongst 114 active competitors, of which 13 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Acceleware, which secured $1.1M in Jun, 2025.

Who are the top competitors of TGS?

TGS's top competitors include Electromagnetic Geoservices, Acceleware and DUG. Among them, Acceleware secured the most recent funding round in June, 2025.

TGS - 2026 Company Profile, Team, Funding, Competitors & Financials

TGS is a public company based in Oslo (Norway). It operates as a Provider of subsurface data and intelligence for the energy industry. TGS has raised an undisclosed amount in funding. The company has 114 active competitors, including 13 funded and 27 that have exited. Its top competitors include companies like Electromagnetic Geoservices, Acceleware and DUG.

Company Details

Provider of subsurface data and intelligence for the energy industry. The company offers advanced technology and solutions across the energy value chain. It delivers insights through its energy data library, covering basins and renewable energy data. The company provides data processing, imaging technologies, and cloud-based data solutions.

Website: pgs.com
Social

Key Metrics

Location

Oslo, Norway

Stage

Public

Latest Funding Round

Post IPO, Sep 18, 2023, $*****

Investors

Point Financial & 2 more

Ranked

3^rd among 114 active competitors

Employee Count

1,659 as on Mar 31, 2026

Investment & Acquisitions

Mtem

Similar Companies

Acceleware & 107 more

Exit Details

Public

View TGS's full profile

TGS is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Pgs Geophysical As CIN: 960563085 , Norway, Active	Apr 09, 1991	-	354 (As on Dec 31, 2022)
PGS ASA CIN: 916235291 , United States, Active	Jun 18, 1962	-	915 (As on Dec 31, 2021)	-
PETROLEUM GEO-SERVICES, INC CIN: 911589192 , Norway, Active	Feb 05, 1991	-	-

TGS got listed on Aug 26, 1992.

Click here to take a look at TGS's IPO in detail

TGS has raised funding over 5 rounds. Its first funding round was on May 15, 2013. TGS has 3 institutional investors.

Here is the list of recent funding rounds of TGS:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 18, 2023	9684973	Post IPO	3642197	2121382	8253418	1779192
Nov 01, 2022	5723278	Post IPO	2192559	4785320	6684034	2718050
May 03, 2022	2693740	Post IPO	5748991	9091754	1920523	3805228

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View details of TGS's funding rounds and investors

TGS's employee count trend

TGS has 1,659 employees as of Mar 26. Here is TGS's employee count trend over the years:

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Top competitors of TGS include Electromagnetic Geoservices, Acceleware and DUG. Here is the list of Top 10 competitors of TGS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Electromagnetic Geoservices 2002, Trondheim (Norway), Public	3D electromagnetic data provider for offshore oil and gas exploration	$30M	-	55/100
2nd	Acceleware 2004, Calgary (Canada), Public	Provider of seismic imaging software and enhanced oil recovery technology solutions	-	Deep Learning, Nvidia & 3 others	53/100
3rd	TGS Oslo (Norway), Public	Provider of subsurface data and intelligence for the energy industry	-	Point Financial, HitecVision & 1 others	47/100
4th	DUG 2003, Perth (Australia), Public	Provider of cloud and AI-based seismic processing, depth imaging solutions & services	-	-	48/100
5th	PanGeo Subsea 2006, United Kingdom, Acquired	Offering risk mitigation services for offshore installations	$11M	Chevron, Lime Rock Partners & 1 others	47/100
6th	3D Energi 2003, Australia, Public	Platform of oil and gas exploration and development	-	-	45/100
7th	Searcher Seismic 2005, Perth (Australia), Unfunded	Seismic data sets provider for oil & gas industry	-	-	44/100
8th	Sourcenergy 2014, Houston (United States), Series A	Provider of AI and satellite-based imaging solutions for the oil and gas industry	$7.7M	Bison, Imagine H2O & 2 others	44/100
9th	Wireless Seismic 2006, Stafford (United States), Series D	Developers of wireless seismic recording systems	$78M	Total, EV Private Equity & 1 others	43/100
10th	LGX 2021, Walla Walla (United States), Seed	Provider of 3D seismic solutions for oil exploration	$2.17M	-	43/100