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

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

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Santos Hires Weststar-GAP for Timor-Leste Offshore Helicopter Services

Sunda Energy Starts Environmental Survey for Timor-Leste Oil and Gas Field

China's CNOOC Aims for Record Oil and Gas Production in 2025

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Petronas to Retain National Authority After Sarawak Gas Deal

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

CNOOC’s South China Sea Oil Field Goes On Stream

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Current News

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

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