Fugro bosses predict ‘modest’ margin improvement in 2021
Fugro today reported a first quarter revenue drop, which it said was “fully driven” by Covid and a “strong” related decline in oil and gas activities.
Fugro
Fugro selling Seabed Geosolutions subsidiary for $16m
Fugro has struck a deal to sell “certain assets and the related business” of its Seabed Geosolutions subsidiary for $16 million to PXGEO Seismic Services.
Losses widen at Fugro, but offshore wind growth gives hope
Losses widened at Dutch geo-data services firm Fugro last year due to the impact of the Covid-19 pandemic and the oil and gas industry downturn.
Fugro awarded Petronas contract for positioning services in Guyana-Suriname Basin
Fugro has clinched a contract with Malaysian oil firm Petronas for positioning services for an exploration programme in the Guyana-Suriname Basin.
Fugro announces partnership to target Japan’s ‘burgeoning’ offshore wind market
Fugro has become the latest company to try and gain a foothold in Japan’s “burgeoning” offshore wind industry.
New supply chain group for floating wind formed
A new group has been set up to make sure Scotland’s energy supply chain companies benefit from new floating offshore wind projects in Scotland and the UK.
Fugro targets £100m annual savings from job cuts, other measures
Fugro is aiming to save nearly £110m (EUR120m) per year thanks to a 10% reduction in its workforce and other measures.
Fugro begins work on £55m contract for Scottish Power Renewables
Fugro has begun the geophysical survey phase for a major offshore wind project as part of a £55 million site investigation contract.
Fugro starts site investigations at two North Sea offshore wind developments
Dutch services firm Fugro has begun a four-month marine site characterisation campaign at two major North Sea wind development sites.
Neptune Energy awards Fugro multi-million pound Cygnus inspection contract
Neptune Energy has awarded a subsea inspection contract, understood to be worth around £2million, to Fugro at its Cygnus gas field.
Fugro to reduce workforce by 10%
Dutch geo-data services firm Fugro said this morning that it would reduce its headcount by up to 10% in response to the “deterioration in market circumstances”.
Fugro Aberdeen wins ROV deal for work on Well-Safe Guardian
Dutch multinational Fugro has announced a deal to provide remotely operated vehicle (ROV) services to an offshore well decommissioning firm.
If your job is to look at a screen, you should do it from shore, Fugro director says
Aberdeen is at the heart of a global geo-data service firm’s major pivot towards remote and autonomous operations.
Fugro announces ‘painful’ job cuts but ‘too soon to say’ for UK workforce
Dutch marine services firm Fugro has announced it is taking a series of “painful measures” in response to the Covid-19 outbreak, including job cuts.
Fugro sinks deeper into the red
Losses from an arbitration case in Singapore and impairments from a seismic data business saw Dutch marine firm Fugro sink to a heavy set of losses last year.
Fugro signs on to crack Aker Energy’s Pecan
Fugro has won geotechnical and geophysical survey work on Aker Energy’s Pecan field, offshore Ghana.
Fugro sells off £30m interest in UK firm
Dutch firm Fugro has announced it will sell off its interest in UK-based firm Global Marine.
EDF brings in ‘walking’ jack-up barge for North Sea wind survey work
French energy firm EDF Renewables has announced it has brought in a 'walking jack-up barge' to do North Sea survey work on its planned Neart Na Gaoithe (NnG) Offshore Wind Farm.
Low pay by Fugro ‘to be looked at’ by international policy group, union boss says
Inaccurate pay practices by an asset integrity contractor working in the North Sea are to be considered by a global policy think tank, according to a trade union boss.
Contractor in hot water for ‘mistakenly’ underpaying workers at giant Scottish wind project
An asset integrity firm with bases in Aberdeen has come under fire for claiming it “unintentionally” underpaid workers at a giant Scottish wind farm project.
Fugro lauds ‘continued recovery’ in third quarter
Dutch geo-data firm Fugro has hailed its "continued recovery" in the third quarter of 2019.
Rovco to use Aberdeen as ‘jumping off point’ for £1m Scottish energy sector expansion
A Bristol-headquartered subsea technology firm is looking to use Aberdeen as the jumping off point for a £1 million expansion into the Scottish energy sector.
Offshore wind playing big role in Fugro ‘recovery’
Dutch geo-data firm Fugro has said its “recovery” was being driven by its marine business after reporting improved first-half results.
Fugro boosts revenues off back of oil and wind energy contracts
Growth in the oil and gas and renewables sectors saw Fugro report a boost to revenues for the first quarter of the year.
2018 a ‘turning point’ for Fugro
Bosses at Fugro said 2018 was a 'turning point' for the Dutch geo-data firm.