PXGEO wins two-year geophysical contract to support Malaysia Upstream Activities

PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement. This includes a minimum commitment of 365 days of acquisition activity over the contract term utilizing the PXGEO 2 seismic vessel which will mobilize this month (August).  

The campaign will play a key role in supporting Malaysia’s drive to unlock new hydrocarbon resources and accelerate upstream exploration aligning with the Malaysia Petroleum Management (MPM) aspiration.

The contract highlights PXGEO’s growing portfolio of E&P organizations 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.

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