Dutch geoservices firm Fugro has sealed a contract to carry out sustainable site investigations for a major offshore wind project.
Fugro is forecasting further revenue growth this year after delivering a “clear improvement” in its results.
Fugro is transforming its business through a shift to remote and autonomous vessels, with the aim of accelerating decision making – while also cutting emissions.
Deltic Energy and Shell have completed geophysical site surveying at the planned Pensacola exploration well in the southern North Sea.
Dutch geo-services firm Fugro has returned to growth for the first time since the outbreak of the pandemic last year.
Fugro has bagged a multi-million pound contract to carry out work for RWE at the planned Five Estuaries Offshore Wind Farm.
Neptune Energy has handed a subsea inspection contract for its Cygnus gas field in the UK southern North Sea to Dutch geo-data firm Fugro.
The French Ministry of Culture has awarded Fugro a further contract to complete the scanning of the astonishing Cosquer Cave, located in the Urgonian limestone at Cap Morgiou near Marseille, France.
Singapore-based energy developer Enterprize Energy is progressing its proposed 3.4 GW Thang Long wind project offshore Vietnam after hiring geo-data specialist Fugro to install floating LiDAR survey technology at the site to assess resource over its acreage.
Shell and Deltic have hired Fugro to carry out a site survey of its Pensacola prospect ahead of an exploration well being drilled.
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 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 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 has clinched a contract with Malaysian oil firm Petronas for positioning services for an exploration programme in the Guyana-Suriname Basin.
Fugro has become the latest company to try and gain a foothold in Japan’s “burgeoning” offshore wind industry.
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 is aiming to save nearly £110m (EUR120m) per year thanks to a 10% reduction in its workforce and other measures.
Fugro has begun the geophysical survey phase for a major offshore wind project as part of a £55 million site investigation contract.
Dutch services firm Fugro has begun a four-month marine site characterisation campaign at two major North Sea wind development sites.
Neptune Energy has awarded a subsea inspection contract, understood to be worth around £2million, to Fugro at its Cygnus gas field.
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”.
Dutch multinational Fugro has announced a deal to provide remotely operated vehicle (ROV) services to an offshore well decommissioning firm.
Aberdeen is at the heart of a global geo-data service firm’s major pivot towards remote and autonomous operations.
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.
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.