Fugro Company News

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Fugro to Cut Hundreds of Jobs, Sell APAC Business Unit due to Oil Glut
Thursday, August 04, 2016 Following a decline of reported revenues for 1H 2016, Fugro implements more cost-cutting measures to deal with difficult oil and gas environment.

Fugro Completes Data Acquisition Program Offshore Western Ghana
Wednesday, August 03, 2016 Fugro completes a 33-month data acquisition program offshore Western Ghana for Hess Ghana Exploration Limited.

ONGC Boosts Operations Off India Via New, Expanded Deals Worth $60M
Monday, July 18, 2016 Oil and Natural Gas Corp. (ONGC) expands scope of operational activities offshore India through new and expanded contracts, worth around $60 million, with two services providers.

Fugro to Cut 600 Employees in 'Coming Quarters'
Friday, April 29, 2016 Fugro will reduce its headcount by around 600 employees in "the coming quarters" as it continues to adjust its cost base and capacity to "the market reality".

Fugro Lands ROV Services Contract from ONGC
Thursday, April 14, 2016 Fugro lands a remotely operated vehicle services contract from India's Oil and Natural Gas Corp. to work off the country's east coast.

Fugro Suffers Larger Than Expected 2015 Net Loss on Oil Downturn
Friday, February 26, 2016 Fugro reports a larger-than-expected net loss for 2015 but maintains strong cash flow.

Pemex Extends Geophysical, Geotechnical Contract for the Fugro-Diavaz JV
Wednesday, October 07, 2015 Pemex extends contract for an ongoing offshore geophysical and geotechnical campaign off Mexico undertaken by the Fugro-Diavaz joint venture.

Seabed Solutions Bags $125M Deal from ADNOC for Ghasha-Butini Field Survey
Tuesday, July 28, 2015 Seabed Geosolutions bags $125 million contract with Abu Dhabi National Oil Company for survey over the Ghasha-Butini field off the United Arab Emirates.

Searcher Seismic Completes 3D Reprocessing Project in Carnarvon Basin
Tuesday, June 02, 2015 Searcher Seismic and Fugro complete 3D seismic reprocessing project in the Carnarvon Basin, offshore Western Australia.

Fugro Shares Leap on Bid Speculation after Boskalis Stake Buy
Monday, November 10, 2014 Dutch oil services firm Fugro says it is open to joint ventures with other companies after rival Boskalis buys a stake.

Dutch Marine Services Company Fugro Warns Will Disappoint in 1H
Thursday, July 10, 2014 Dutch marines services firm Fugro blames weakness in the oil and gas sector for results that are expected to fall short of expectations.

Fugro Bags Contract from Basrah Gas for Work in Southern Iraq
Friday, May 16, 2014 Fugro bags a contract from Basrah Gas to provide geotechnical and topograhical survey investigation services in Basrah, southern Iraq.

Fugro Secures Survey Contract for Ichthys LNG Project Near Darwin
Monday, March 17, 2014 Fugro secures a survey contract from JKC Australia LNG for onshore liquefied natural gas facilities for the Ichthys project near Darwin, Australia.

Fugro Bags IMR Services Contract for Shell's Malaysia Subsea Facilities
Tuesday, February 18, 2014 Fugro bags a $250 million subsea inspection, maintenance and repair services contract for Shell's subsea infrastructure across Malaysia.

Seabed Geosolutions Secures $70M Contract from Petronas Carigali
Thursday, February 06, 2014 Seabed Geosolutions secures a $70 million contract from Petronas Carigali for work on the Temana and D18 fields in Malaysia.

Fugro to Acquire Australia's Advanced Geomechanics
Tuesday, November 26, 2013 Fugro agrees to acquire Australia-based geotechnical and geophysical engineering and consulting services company Advanced Geomechanics.

Fugro Acquires DCN to Boost Share of Middle East Offshore Market
Friday, September 13, 2013 Fugro inks agreement to acquire Abu Dhabi-based DCN Global as the firm strengthens its position in Middle East offshore oil services market.

Fugro Wins $26M Survey Contract from Total for Work off Angola
Monday, September 02, 2013 Fugro wins a three-year survey contract from Total E&P Angola to support its development programs off Angola.

Bumi Armada, Fugro Forms Well Services Joint Venture
Friday, August 30, 2013 Bumi Armada and Fugro form joint venture to target business opportunities in the Well Services industry.

Fugro Wins $80M Deal for Hydrographic Survey in the Middle East
Monday, August 26, 2013 Fugro wins an $80 million contract for a hydrographic survey project in the Middle East.

Fugro Takes Delivery of Newbuild Survey Vessel
Wednesday, July 10, 2013 Fugro takes delivery of a newbuild survey vessel which will be deployed for projects off South America.

TGS, Fugro Kick Off Summer Seismic Work in Europe
Monday, May 21, 2012 TGS has commenced the Europe 2012 summer season with two multi-client 2D surveys in cooperation with Fugro.

John Chance Land Surveys Names President
Friday, May 18, 2012 Jimmie Stoute has been named President of survey company John Chance Land Surveys, Inc. (Chance).

Fugro Inks 3D Seismic Contract with Statoil Canada
Friday, March 16, 2012 Fugro Geoteam wins a $40 million contract with Statoil Canada for a 3-D seismic survey offshore Newfoundland.

Fugro's Field Tests Successful in Tx. County
Tuesday, November 01, 2011 Fugro's portable rock properties analyzer recently completed field tests on Forest Oil Corporation's Shannon Estate lease well in Crockett County, Texas.

Fugro Positions Jackup in Alaska's Cook Inlet
Tuesday, September 27, 2011 Fugro Chance Inc. recently expanded operations by completing positioning projects in Cook Inlet, Alaska.

Fugro Mourns Loss of Chairman Supervisory Board
Monday, September 26, 2011 With great sorrow the Supervisory Board and the Board of Management of Fugro N.V. announced the untimely passing of Mr. Herman C. Scheffer.

Fugro to Commence AUV Survey at Browse LNG Development
Friday, September 23, 2011 Fugro is shortly due to commence a deepwater AUV survey as part of the Woodside-operated Browse LNG Development.

TGS, Fugro Team Up in Greenland Survey
Tuesday, September 06, 2011 TGS has commenced a new 1,000 km multi-client 2D survey in Northeast Greenland in partnership with Fugro.

MEO Australia, Fugro Execute Zeus Survey Contract
Tuesday, August 30, 2011 MEO Australia Limited advises that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey in WA-361-P offshore Western Australia.

Field Tests Underway at Forest Oil's Shannon Estate Lease
Friday, August 12, 2011 Field tests are currently underway on Fugro's RoqSCAN on Forest Oil's Shannon Estate lease well in Crockett County.

Fugro Names International Marketing Manager
Tuesday, June 21, 2011 Ewa Ginal has been named International Marketing Manager at Fugro Multi Client Services, Rachel Masters.

Bahamas Petroleum, Fugro Sign Contract for Seabed Survey
Tuesday, May 24, 2011 Bahamas Petroleum has signed a contract with Fugro to undertake a high resolution seabed survey on the Company's license area.

Fugro Says Hello to New Chief Geophysicist
Wednesday, April 13, 2011 Fugro Multi Client Services has named Tim Addington Chief Geophysicist.

Fugro Strengthens Market Presence with TSmarine Acquisition
Tuesday, March 08, 2011 Fugro has acquired TSmarine and its subsidiaries.

Fugro Takes Reins at Riise Underwater Engineering
Thursday, March 03, 2011 Fugro has reached agreement with Riise Underwater Engineering to acquire the company.

Fugro Welcomes International Marketing Manager
Tuesday, January 25, 2011 Lucy Plant has been named International Marketing Manager at Fugro Multi Client Services.

Fugro Expects Revenue Increase in 2010
Thursday, November 18, 2010 Fugro expects to realize a revenue of more than EUR 2.2 billion over the full year 2010 (2009: EUR 2.05 billion).

Fugro Airborne Completes Airborne Acquisition for Eni Gabon
Wednesday, November 10, 2010 Fugro Airborne Surveys has completed airborne geophysical data acquisition surveys on 6 onshore and offshore licenses for Eni Gabon.

Fugro Begins Major-Client Survey in Netherlands
Monday, November 01, 2010 Fugro Multi Client Services has started the NL-DEF-3d multi-client survey in the Netherlands.

Fugro Secures ROV Support Vessel Contracts in Brazil
Monday, October 25, 2010 Fugro Brazil has been awarded 3 long-term contracts for ROV Support Vessels by Petrobras.

Fugro-Geoteam Complete 3D Survey Offshore Alaska
Wednesday, October 20, 2010 Fugro-Geoteam announced the successful completion of a large 3D survey, offshore Alaska in the Chukchi Sea.

Fugro Lands Specialist Marine Drilling Contracts
Monday, October 04, 2010 Fugro Seacore has been awarded two contracts in the marine seabed investigation and construction support service markets with a combined value of approximately USD 52 million.

Fugro Snags Woodside Contract Offshore Australia
Wednesday, September 22, 2010 Fugro has been awarded a Marine Electromagnetics contract by Woodside, offshore Australia.

Fugro Takes Delivery of Seismic Survey Vessel Geo Coral
Friday, August 27, 2010 Fugro took delivery of the seismic survey vessel M/V Geo Coral on August 26, 2010.

Fugro Bags Diving Contract in Brazil
Thursday, July 22, 2010 Fugro has been awarded a long term diving contract by Otto Candies for Petrobras in Brazil.

TGS Charters Fugro Vessel for West Africa Survey
Monday, July 12, 2010 TGS has chartered additional vessel capacity to address its multi-client opportunities in West Africa.

Fugro Awarded Pipeline Inspection Survey in India
Friday, June 25, 2010 Fugro has been awarded a pipeline inspection survey contract by ONGC.

Fugro Secures Contract for New Survey Vessels
Wednesday, June 23, 2010 Fugro and Oakwell Shipbuilding Engineering & Construction have signed a ship building contract for two Fugro Standard Survey Vessels.

TGS, Fugro Commence Data Acquisition Offshore Norway
Monday, June 14, 2010 TGS announced another season of acquisition of long offset data on the Norwegian Continental Shelf (NCS) in cooperation with Fugro.