English firm launches new offshore division after Aberdeen acquisition
Global Marine Group (GMG), of Essex, has launched a new offshore division in Aberdeen in a further sign of growing confidence in the oil and gas industry.
Global Marine Group (GMG), of Essex, has launched a new offshore division in Aberdeen in a further sign of growing confidence in the oil and gas industry.
Fugro's earnings were battered by hurricane season, falling 19.5% as the firm was forced to make further headcount reductions.
Fugro today revealed former Statoil chairman Øystein Løseth as the preferred nominee to take over the firm's top job.
Fugro today confirmed it had sold its trenching and cable laying business to Global Marine Holding.
Fugro has pulled the plug on its subsea divestment to Shelf Subsea.
Fugro has issued EUR150million in convertible bonds with an increase option of EUR40million.
Fugro's chief the executive said the company is "coping" with a depressed oil marketplace.
Fugro has created an innovative development for its work class remotely operated vehicles.
Fugro Geoservices has strengthened its team with the appointment of a new managing director.
Fugro said it will make a further 600 job cuts to its business as well as the sale of one of its business units as it looks to cut costs in response to the lower oil price.
Fugro said it has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India.
Fugro has deployed multi-purpose offshore vessel the Fugro Gauss to join one of its other vessels in Mexico as it completes the world’s largest seep-hunting survey for TGS.
Fugro has been awarded a three-year contract for integrity management support (IMS) and intervention works for Det norske in the Norwegian sector of the North Sea.
Fugro has delivered a spectrum of services to BP Trinidad and Tobago to allow safer drilling and completion of five subsea wells in an area of strong currents.
A three-year period of metocean and ice data acquisition has begun as part of the Barents Sea Metocean and Ice Network Project.
Fugro has said it will cut up to 600 jobs in the coming quarters as oil and gas clients delay contract awards and exploration budgets continue to shrink.
Fugro has been awarded a supply arrangement by the Canadian Hydrographic Service (CHS) to provide vessel based survey services.
Fugro has been awarded a contract by Indian oil and gas company, ONGC, for the provision of ROV services on board the drillship Sagar Vijay.
Fugro has completed offshore works undertaken in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC) at Aberdeen Bay.
The captain of the Fugro ship involved in the search for missing Malaysia Airlines flight MH370 has spoken of his responsibility to help find the doomed aircraft.
Fugro will supply ROV drilling support service on board the Ocean Guardian MODU in a new contract with Dana Petroleum.
Fugro has appointed Brice Bouffard to its board to lead the company's onshore geotechnical activities.
A Fugro vessel being used in the search for missing Malaysian Airlines flight MH370 has been temporarily put out of action – after a towfish being used in the search crashed into a 2200-metre mud volcano. The company has been providing support to find the missing flight which disappeared in March 2014 with 239 people on board.
Pemex has awarded a further extension to Fugro’s contract to support its exploration drilling activities in the Bay of Campeche adding a further $20million in value.
Fugro has completed work on the burial of export cables at the Gemini offshore wind park, off the Netherlands coast.