PxGeo

PxGeo

Subsea seismic surveys with AUV fleet

Overview

PxGeo provides subsea survey services by acquiring seismic data and operating one of the world’s largest fleets of autonomous underwater vehicles (AUVs). Their proprietary Manta technology enhances survey speed, reliability, and environmental footprint, allowing fast, high-quality data collection for offshore projects. Unlike competitors, PxGeo combines extensive field experience in major basins with an in-house AUV fleet and the Manta system to deliver efficient, scalable seismic surveys. The company's goal is to deliver accurate subsea surveys quickly and with minimal environmental impact, supporting offshore exploration and development activities.

About PxGeo

Simplify's Rating
Why PxGeo is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Energy

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Dubai, United Arab Emirates

Founded

2021

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Simplify's Take

What believers are saying

  • PXGEO won two Petrobras OBN contracts for consecutive 2026 work in Santos Basin.
  • January 2026 hires of Bob Nouh and Carlos Cubeddu strengthened technical and operational leadership.
  • PXGEO's 2026 website highlights larger fleets, suggesting active commercialization and scale-up.

What critics are saying

  • Manta Systems UK entered administration on 29 April 2025, exposing PXGEO's subsea bet.
  • Former Modus employed 67 workers, then 17 at administration, signaling severe operating stress.
  • Petrobras concentration risks pricing pressure if 2026 contracts end without renewals.

What makes PxGeo unique

  • PXGEO pairs seismic acquisition with one of the largest commercial AUV fleets.
  • Its proprietary MNode 4C nodes deliver 300-day battery life for complex surveys.
  • The Modus acquisition added autonomous subsea residency expertise and Saab Sabertooth operations.

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Benefits

Training Programs

Company News

Offshore Source
Apr 22nd, 2024
PXGEO Acquires Modus for Subsea Expansion

PXGEO is set to enhance its subsea services by acquiring Modus Subsea Services, a leader in autonomous subsea operations and developer of the first UID subsea residency solution. This move aims to combine technological expertise, improving efficiency, reducing risks, and minimizing environmental impact. Modus specializes in using Saab Sabertooth platform for its operations. Financial details of the acquisition were not disclosed.

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