US Land Office Restructure

To better align ourselves in the current environment and prevailing market TFG has taken the decision to base all of our operations for the US Land out of Houston, which will serve as the main hub for the servicing of both US Offshore and Onshore revenue streams. The aim of this physical reorganisation is not only to address costs but to take advantage of the added skills depth and scientific base in Houston and enable improved collaboration and knowledge transfer. TFG will continue to operate in both markets and will in the near future actively look to strengthen our Houston based team with expertise to cover both US Land and US Offshore work.