Viridien launches seismic imaging of the Langkasuka survey offshore Malaysia
The geosciences group has begun processing data from a multi-client 3D seismic campaign conducted in the Langkasuka Basin, offshore Malaysia. The operation relies on an approach combining streamers and subsea nodes, described by the company as a first in the Asia-Pacific region.
An acquisition combining streamers and subsea nodes
Viridien has begun seismic imaging of the multi-client 3D Langkasuka study, described by the company as the first multi-client 3D seismic dataset combining streamers and ocean bottom nodes (OBN) acquired in the Asia-Pacific region.
This project also marked the first deployment in the region of two Sercel TPS broadband seismic sources on a hybrid receiver campaign. The dataset will integrate 12,300 km² of streamer data and 3,300 km² of OBN data, acquired in the Strait of Malacca, offshore the west coast of the Malay Peninsula.
Imaging technologies and first results in October 2026
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Viridien states that it is applying its imaging technologies, including time-lapse full-waveform inversion (TLFWI), to low-frequency TPS data in order to image the complex pre-Tertiary sequences in the area, where the presence of a previously unexplored Paleozoic sedimentary section has been demonstrated.
The company notes that the project benefits from a high level of industry funding and that first results will be available in October 2026. According to Dechun Lin, Head of Earth Data, the study is a continuation of work carried out last year on the Langkasuka Basin and reflects the group's commitment to making data available through a multi-client framework.
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Context
Period
Period: 1T2026
Key reported figures
Revenue: 200M$
EBITDA: 63M$
Net income: -10M$
Free cash flow: 26M$
700M$
Guidance from the release
Comme anticipé, le début d’année a été lent, dans un contexte de prudence accrue.
Contexte du marché ralenti affectant plusieurs activités.
Risks mentioned
Environnement de marché incertain avec des impacts sur les activités Sensing & Monitoring.
Retards possibles dans les attributions de projets à court terme.
Opportunities identified
Le modèle asset-light a permis une gestion financière disciplinée.
Flexibilité accrue dans le processus économique.
Croissance mid-single digit des nouvelles activités.
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