PXGEO wins two-year seismic services gig in Malaysia

Marine geophysical services provider PXGEO has won its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.

The contract, confirmed on Wednesday, comprising a minimum commitment of 365 days of acquisition activity over the contract term utilising the PXGEO 2 seismic vessel which will mobilise in August.

Around 50 multi-disciplined PXGEO personnel will support the workscope, delivering multiple surveys using 2D and 3D towed streamer technology, with the flexibility to incorporate ocean bottom node solutions if required.

Without naming the client, PXGEO said the survey campaign would play a key role in supporting Malaysia’s drive to unlock new hydrocarbon resources and accelerate upstream exploration aligning with the aspiration of Petronas Malaysia Petroleum Management (MPM), which manages licensing rounds in the country.

Dubai-headquartered PXGEO said the contract highlights its growing portfolio of E&P organisations around the world. It also reflects the company’s proven track record in advancing exploration efforts and supporting strategies to boost production and ensure long-term energy resilience.

“We’re proud to play a role in Malaysia’s latest exploration campaign, where reliable high-quality seismic data is essential for guiding drilling and development decisions,” commented PXGEO chief executive Chuck Davison Jnr.

“This operator’s continued investment in international expertise reflects its commitment to driving upstream efficiency and unlocking new resource potential.”