TGS-NOPEC Geophysical Company ASA, an oil and gas service provider, completed the issuance of 105,375 shares, at a price of NOK174.4 (US$20.66) per share, for gross proceeds of NOK 18.38 million (MM) (US$2.18 MM), through exercise of options.
TGS-NOPEC provides geo science data to oil and gas exploration and production companies.