Fugro Expands Its Presence in the Middle East With New Facility in JAFZA
The leading global Geo-data solutions provider, Fugro has inaugurated a new facility in the Jebel Ali Free Zone (JAFZA) expanding its footprint in the Middle East and India region. With this new facility, Fugro reaffirms its commitment to offering expertise and advanced Geo-data solutions to the rapidly growing energy, infrastructure, …
Fugro Half-Year Financial Results 2022
The publication of this H1 2022 press release, originally planned for 28 July 2022, has been brought forward to support the launch of Fugro’s new financing package (reference is made to separate press release). Ongoing growth in revenue supported by particularly high client demand for renewables services. Overall EBIT margin …
Fugro: Joins UN Ocean Decade Alliance to Advance Global Marine Science Agenda
Fugro has accepted an invitation from the Intergovernmental Oceanographic Commission of the United Nations Educational, Scientific and Cultural Organisation (IOC-UNESCO) to join the Ocean Decade Alliance (the ‘Alliance’). Comprising an eminent network of global leaders and institutions, the Alliance aims to catalyse support for the United Nations Decade of Ocean …
Fugro Completes Divestment of Seabed Geosolutions
Today, Fugro has completed the previously announced divestment of certain assets and the related business of its non-core subsidiary Seabed Geosolutions to PXGEO Seismic Services Limited (PXGEO), for USD 16 million (approximately EUR 14 million) in cash. PXGEO has acquired Seabed’s ocean bottom node (OBN) inventory, handling equipment, related technology …
PXGEO Completes Acquisition of OBN Business from Fugro
The acquisition includes a substantial ocean bottom node inventory, handling equipment, related technology, intellectual property and project backlog. In addition, a significant number of personnel responsible for the successful delivery of over 44,000 sq.km. of OBN projects have accepted employment with PXGEO. Duncan Eley, CEO of PXGEO commented: “This is …
Fugro Nominates Barbara Geelen as New CFO
The Supervisory Board of Fugro N.V. has decided to nominate Barbara Geelen for appointment as member of the Board of Management and Chief Financial Officer per 12 May 2021. She has been Chief Financial Officer at HES International for the past seven years. Barbara Geelen will succeed Paul Verhagen, who …
Fugro’s Response to COVID-19 Pandemic
Fugro is taking appropriate measures during the COVID-19 pandemic to keep its employees, partners and clients safe and healthy while ensuring service delivery. Leidschendam, the Netherlands 06 Apr 2020 07:00 CET First priority is to protect the health and safety of employees, partners and clients The company is taking …
Fugro Partners with Sea-Kit International to Develop New Range of Uncrewed Surface Vessels
Fugro, the world’s leading Geo-data specialist, has announced a strategic partnership with SEA KIT International, winner of the Shell Ocean Discovery XPRIZE. SEA-KIT is a global provider of hi-tech solutions to maritime and research industries, to develop a new range of agile and compact uncrewed surface vessels (USVs) which can …
Fugro Appoints Erik-Jan Bijvank as Group Director Europe and Africa
Fugro’s Board of Management has appointed Erik-Jan Bijvank as Group Director for Europe and Africa. He will start at Fugro on 1 January 2020.Leidschendam, The Netherlands08 Oct 2019 Erik-Jan Bijvank worked at Stork, a Fluor company, for over 20 years, where he fulfilled several senior management roles both in the …
Fugro: Full Year Results 2018
Revenue growth of 19.2% on comparable basis, driven by Fugro’s key markets oil and gas, offshore wind and infrastructure. All divisions showed growth, in particular Marine. EBIT turned positive thanks to significantly improved profitability of the early cyclical marine site characterisation activities. Seabed results impacted by specific project execution issues …