Press releases

16th Oct 2017

Fugro will nominate Øystein Løseth as member of the Board of Management and CEO

Fugro’s current CEO, Paul van Riel, will retire as planned at the end of his term at the Annual General Meeting on 26 April 2018. The Supervisory Board of Fugro has decided to nominate Mr. Øystein Løseth for appointment as member of the Board of Management and subsequently as CEO. For that purpose, an Extraordinary General Meeting will be held on 14 December 2017.

12th Oct 2017

Fugro divests non-core trenching and cable laying business to Global Marine Group

Fugro and Global Marine Holdings LLC have signed an agreement under which GMG will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24% in the combined business valued at US$ 65 million, and a one year secured vendor loan of US$ 7.5 million.

3rd Aug 2017

HY 2017: Slower than anticipated bottoming out of oil and gas market impacts results

Growth in building & infrastructure and power segments

26th Jun 2017

Seabed Geosolutions secures new ocean bottom node contract in Brazil

Seabed Geosolutions has been awarded a large 3D ocean bottom node (OBN) survey in the Santos Basin in Brazil. Seabed Geosolutions’ new, highly efficient Manta® node system will be used. The seven month contract is valued at around 90 million USD and is scheduled to commence at the end of the fourth quarter of 2017 or early 2018.

2nd May 2017

Fugro shareholders adopt all resolutions at AGM

Fugro’s shareholders approved all resolutions including the adoption of the company's 2016 financial statements.

2nd May 2017

Q1 2017 trading update

Results impacted by continued decline in offshore oil and gas market - Outlook 2017 unchanged

3rd Mar 2017

Publication 2016 annual report

Today Fugro published its 2016 annual report online, the print version will be available as of 17 March.

24th Feb 2017

Reappointment Maarten Schönfeld to Supervisory Board

The Supervisory Board of Fugro has decided to nominate Mr. Maarten Schönfeld for reappointment.

24th Feb 2017

Fugro Full Year Results 2016

Substantial cash flow in continuing challenging oil and gas market.

2nd Feb 2017

Fugro awarded three year contract for subsea inspection, repair and maintenance services

Fugro has been awarded a framework contract in the Asia Pacific region for inspection, repair and maintenance (IRM) services. Under this contract, IRM services can be called off as needed by the client. The total value of the contract is estimated at around EUR 80 million over the three year period.