Leeds-based Getech Group secures three major contract wins to support energy transition

Getech said: “These contracts represent significant additions to the group's existing orderbook, which now stands at £4.2m.”

Globe is Getech's digital platform of earth science data that supports the exploration and location of subsurface resources.

Getech said: “Two of these contracts represent a one-year extension of Globe subscriptions for our existing clients: a leading European oil and gas supermajor and a respected global energy company. The third contract marks the introduction of a new client into our portfolio, securing a three-year Globe subscription for an Asian oil and gas company.”

Richard Bennett, Getech Executive Chairman, commented: "The company continues to service and expand its long-standing oil and gas client base as these contracts show, enabling our clients to search for new resources far more efficiently and by doing so, significantly reduce their exploration costs.

“Alongside this, we are also continuing to develop new income streams from outside of the oil and gas sector. Both countries and companies alike are investing significantly to locate and secure high demand subsurface assets critical for the energy transition.”