TGS has appointed Sven Børre Larsen as the company's new CFO. The effective date of Larsen's employment is yet to be determined, but will be no later than Dec. 1, and he will be based in TGS' Asker, Norway, office.
Most recently, Larsen was CFO of Prosafe Management AS in Norway, which owns and operates accommodation support vessels for the offshore oil and gas industry. Larsen also has experience as a financial analyst in a range of industries including the oil services sector. Larsen earned his undergraduate and master's degrees at the University of Tromsø and the Bodø Graduate School of Business in Norway.
Larsen replaces Kristian Johansen as CFO. Johansen's promotion to COO of TGS was announced in December 2014. Johansen will continue to also serve as interim CFO until Larsen's date of employment.
TGS provides multi-client geoscience data to oil and gas exploration and production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.