Bell Geospace, Onyx Engineering awarded FTG contract by Petronas

August 31, 2016

EDINBURGH, Scotland -- Bell Geospace and Onyx Engineering have been awarded a contract by multinational E&P company Petronas.

The contract, for 3D multi-client Full Tensor Gradiometry (FTG) data acquisition, processing and interpretative services, will cover approximately 198,900 km2. The provision of airborne FTG and magnetic surveys will be undertaken over offshore Peninsular Malaysia, Sarawak and Sabah and will commence subject to pre-funding requirements and approval by Petronas.

With its expertise and track record in high resolution gravity technology, Bell Geospace will provide a variety of expert services for the project. This will allow current petroleum arrangement contractors and potential bidders seeking new exploration blocks, to quickly identify prospective areas for quick and efficient understanding of complex sub-surface geology.

“We expect that this data will play a significant role in the exploration process for companies working or considering working in Malaysia, allowing for the first time ever, a rapid selection of areas of interest for bidding and for planning for subsequent seismic acquisition and interpretation work,” said John Macfarlane, executive V.P., Bell Geospace.

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