Oct 29, 2020 / 06:00AM GMT
Presentation (Pre-Recorded)
Oct 29, 2020 / 06:00AM GMT
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Corporate Participants
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* Fredrik Amundsen
TGS-NOPEC Geophysical Company ASA - CFO
* Kristian Kuvaas Johansen
TGS-NOPEC Geophysical Company ASA - CEO
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Kristian Kuvaas Johansen - TGS-NOPEC Geophysical Company ASA - CEO
Good morning, good afternoon and good evening, depending on where in the world you're listening in from. Welcome to the presentation of TGS Q3 2020 earnings. As we indicated last quarter, Q3 turned out to be one of the most challenging quarters for the E&P industry and, in particular, companies exposed to exploration.
COVID-19, global demand for oil and gas and the consistently low oil price are all factors outside our control. That means that management needs to focus on areas we can control, and these factors would include cost discipline, cash collections and the corresponding free cash flow as well as client service and interactions. I'm therefore very pleased to report a 64% year-on-year
Q3 2020 TGS NOPEC Geophysical Company ASA Earnings Presentation (Pre-Recorded) Transcript
Feb 15, 2024
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