PXGEO: Signs Agreement for Real-Time Data Acquisition QC and Onboard Processing
PXGEO has signed an agreement with DUG, a technology company at the forefront of high-performance computing, for the provision of its DUG Insight software for real-time data acquisition quality control and onboard data processing and visualisation onboard PXGEO 2. PXGEO Chief Executive Officer, Duncan Eley, said: “We look forward to …
Fugro Completes Divestment of Seabed Geosolutions
Today, Fugro has completed the previously announced divestment of certain assets and the related business of its non-core subsidiary Seabed Geosolutions to PXGEO Seismic Services Limited (PXGEO), for USD 16 million (approximately EUR 14 million) in cash. PXGEO has acquired Seabed’s ocean bottom node (OBN) inventory, handling equipment, related technology …
PXGEO Completes Acquisition of OBN Business from Fugro
The acquisition includes a substantial ocean bottom node inventory, handling equipment, related technology, intellectual property and project backlog. In addition, a significant number of personnel responsible for the successful delivery of over 44,000 sq.km. of OBN projects have accepted employment with PXGEO. Duncan Eley, CEO of PXGEO commented: “This is …
PXGEO Secures a 12 Month Vessel Commitment from TGS
PXGEO has entered into an agreement with TGS to provide 12 months of high-end towed-streamer seismic acquisition services to TGS-NOPEC Geophysical Company ASA (TGS). TGS has committed to utilising “PXGEO 2” or any other capable vessel which PXGEO introduces to its fleet for 12 months of marine seismic acquisition services …