PXGEO has secured two major contracts from consortia led by Petrobras to provide seismic data acquisition and monitoring services in the Santos Basin, located offshore Brazil. This development marks a significant expansion of PXGEO's operations in the Brazilian market, reinforcing its commitment to supporting the region's energy sector. The contracts are expected to enhance the understanding of the geological characteristics of the Santos Basin, which is known for its rich oil reserves. The collaboration is part of Petrobras's ongoing efforts to optimize exploration and production activities in the area.
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