PGS, TGS and WesternGeco Score Multi-year Seismic Deal with Petronas

OE Staff
Monday, October 26, 2020

Malaysian oil company Petronas has awarded a multi-year offshore seismic data acquisition and processing contract to a consortium comprising TGS, PGS, and WesternGeco.

The multi-year contract is for the acquisition and processing of up to 105,000 square kilometers of multi-sensor MultiClient 3D data in the Sarawak Basin, offshore Malaysia.

The contract award follows an ongoing campaign by the consortium in the Sabah offshore region of Malaysia, awarded in 2016, in which over 50,000 square kilometers of 3D seismic data have been acquired and licensed to the oil and gas industry to support Malaysia license round and exploration activity.

"The Sarawak award will enable the consortium to position itself in Malaysian seismic exploration and allow for a multi-phase program to promote exploration efforts in the prolific Sarawak East Natuna Basin (Deepwater North Luconia and West Luconia Province)," the consortium said in a statement.

The consortium said it is planning the initial phases and is engaging with the oil and gas industry to secure prefunding ahead of the planned acquisition, covering both open blocks and areas of existing farm-in opportunities. 

Credit:TGS

Categories: Energy Geoscience Activity Asia Seismic Malaysia

Related Stories

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

EnerMech Names APAC Regional Chief

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

ADNOC Secures LNG Supply Deal with India's BPCL

Malaysia's Petronas Plans Job Cuts

EnQuest to Acquire Harbour Energy's Vietnamese Assets

US Operator Finds Oil Offshore Vietnam

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Sunda Energy Closing in on Jack-Up Deal for Chuditch-2 Appraisal Well

Current News

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com