Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Fossil Energy›More work for PGS, TGS and SLB to glean insight into oil & gas accumulations off Malaysia
Fossil Energy

June 26, 2023 · about 3 years ago

More work for PGS, TGS and SLB to glean insight into oil & gas accumulations off Malaysia

The JV has inked a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province off Malaysia.

2 minutes read
  • LinkedIn
  • X
  • Email
Ramform Sovereign seismic vessel; Source: PGS
Ramform Sovereign seismic vessel; Source: PGS

Oslo-headquartered seismic company PGS, together with JV consortium partners TGS and SLB, has inked a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia.

According to PGS, this will be achieved by reprocessing legacy datasets with Petronas Malaysia Petroleum Management’s approval to complement and merge with newly acquired phases. This enhances a multi-year contract to acquire and process up to 105,000 km² of MultiClient 3D data over a five-year period in the basin, which was initially awarded in August 2020 by Petronas.

While the first phase of the Sarawak acquisition programme was acquired in 2021 and covered 8,400 square kilometres, the second phase is currently underway in blocks ND-3 and SK-3B and will be merged with approximately 6,700 square kilometres of reprocessed data. The 2008-built Ramform Sovereign seismic acquisition vessel is scheduled to complete this in August, with final deliverables available in 2Q 2024.

Nathan Oliver , EVP Sales & Services in PGS, commented: “The Sarawak basins comprise a proven petroleum system with many producing fields already present in the Central Luconia province. Through the addition of high-quality reprocessing of legacy data on a MultiClient basis, PGS and partners will be able to high-grade areas and merge with newly acquired GeoStreamer data to improve regional understanding of the petroleum systems and leads mapping in frontier blocks. This will ultimately lead to accelerated projects and renewed phases of acquisition.”

PGS has been working on securing new deals and the latest one was revealed at the start of June 2023 with an undisclosed company. It entails a 3D exploration acquisition contract in the Mediterranean.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Fossil EnergyOil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsProject & Tenders

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Prysmian extends 30-year copper partnership with new supply agreement
  2. 2MISC and QatarEnergy name first of three new LNG vessels for greener seas era
  3. 3Baker Hughes helping chart a course for LNG and monetize Venezuela’s gas reserves
  4. 4Yinson Production and Eni amplifying African FPSO’s gas capacity

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free