On 11 February, TGS hosted a Capital Markets Day where the Company presented its future strategic priorities. Organizational changes to support the strategic plan have now been implemented. The New Energy Solutions (NES) business unit, which has been established to pursue opportunities related to the Energy Transition, will be led by Jan Schoolmeesters.

Oil and Gas Insights, which consists of multi-client seismic and well data products, has been organized in two business units, Eastern Hemisphere (EH) and Western Hemisphere (WH). These two Business Units, which represent a simplification of the operating model and fewer management layers, will be led by Will Ashby and David Hajovsky, respectively.

To further enhance the company’s focus on Environmental, Social and Governance issues (ESG), Whitney Eaton has been promoted to the Executive Management team with responsibility for ESG and compliance.

As part of the reorganization, Rune Eng has stepped down from his role as EVP International and has assumed an advisory role until he will retire, effective 1 September 2021.

KeyFacts Energy Industry Directory: TGS