PXGEO has been awarded two significant contracts from Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil. The deal further extends the business’ presence in Brazil.
The projects will run consecutively in 2026 with PXGEO deploying its proprietary MNode 4C ocean bottom node (OBN) technology as part of the scope. The company’s MNode technology delivers a 300-day battery life, enabling extended deployment time, which is well suited for larger, more complex surveys. The enhanced operating time means surveys can run uninterrupted for extended periods, reducing the need for frequent retrieval and redeployment and projects with timelines challenged by high levels of environmental standby.
Brent O’Brien, Head of Sales - Americas at PXGEO said: 'These latest contracts are a significant win for PXGEO as we consolidate our presence in Brazil with MNode technology benefiting Petrobras and its partners.
'OBN technology is widely recognized for delivering the seismic clarity needed to tackle intricate geology. Operators can better identify bypassed hydrocarbons, track fluid movement within the reservoir, and monitor compaction with confidence. Armed with these insights, our customers can make informed decisions to optimize reservoir performance and maximize recovery rates in both new and mature fields, knowing that MNode endurance allows them to design and execute projects with optimal timing and cost control.'
Charles ‘Chuck’ Davison Jr, PXGEO CEO said: 'PXGEO has been at the forefront of the transition to OBN in Brazil and these projects demonstrate the capability and innovation we continue to successfully deliver. As reservoirs grow more complex and exploration pushes into deeper waters, so does the need for high-resolution seismic surveys.
'Over the past four years, we have completed six surveys in the region, where our reputation for quality and reliable delivery is continuing to grow as operators see the value our technology unlocks. This work is a testament to the dedication and skills of our people as well as our commitment to R&D and reinforces our position as a trusted partner in safe, efficient and innovative seismic solutions for the energy sector.'
Source: PXGEO
