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Norwegian offshore seismic acquisition specialist TGS, in cooperation with its partners PGS and SLB, has announced that prefunding has been secured to expand multi-client seismic data coverage in the Sabah Basin offshore Malaysia.
The seventh phase of this multi-year project off the coast of Sabah encompasses over 5,000 kilometres of new 2D seismic data acquisition, over 2,600 kilometres of legacy seismic data processing, and 2,800 square kilometres of 2D-cubed processing as part of a multi-year contract originally awarded by Petronas in 2016.
The Eagle Explorer vessel mobilised in November 2023, with acquisition completion anticipated in February 2024. Fast-track results are anticipated to be available for evaluation during the 2024 Malaysia Bid Round.
“High-quality 2D seismic data across Sabah will be instrumental in promoting future bid rounds. It also allows E&P companies to further assess exploration opportunities in an under-explored proven petroleum system surrounded by prolific hydrocarbon provinces,” said Kristian Johansen, CEO at TGS.
According to statements made by TGS and PGS, the project is supported by industry funding. |
