Annual Report

Overview

The report describes TGS's response to a severe downturn in the energy exploration market in 2015, when revenue fell to USD 612 million and exploration spending declined. Despite the pressure, the company invested USD 502 million in its multi-client library and maintained its global geoscience-data business. The CSR section highlights 100% completion of Code of Conduct and anti-corruption training, zero employee fatalities and zero lost-time injuries, while contractor operations recorded one lost-time injury. The report also documents workforce reductions, employee development activities and environmental monitoring across seismic operations.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2015
Period: 1 January 2015 – 31 December 2015
Publication date: 18 March 2016
Language: English
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