News Summary

• PXGEO Equipment Limited, a marine geophysical service provider, has secured its first offshore seismic data acquisition services deal in Malaysia.
• The company said in a media release that the campaign aims to support Malaysia’s efforts to unlock new hydrocarbon resources and speed up upstream exploration.
• Under the two-year agreement, PxGEO will deliver a minimum of 365 days of acquisition activity, utilizing its seismic vessel, which will mobilize in August.
• The contract adds to its expanding portfolio of exploration and production organizations.