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Fugro NV (FUGRc.AS)

FUGRc.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fugro to commence site investigation contract work for NuGen​
Tuesday, 15 Dec 2015 07:00pm EST 

Fugro NV:Fugro to commence site investigation contract work for NuGen​.‍Majority of offshore element is scheduled to begin in spring 2016​.‍Onshore investigation continues until summer 2016.  Full Article

Fugro ‍secures 500 mln euro credit facility
Thursday, 10 Dec 2015 01:00am EST 

Fugro NV:Reaches agreement with its lenders on refinancing of its current revolving credit facility.‍Secures long-term financing with new 5-year credit facility​.‍New 5-year syndicated revolving facility of 500 million euros replaces current credit facility of 775 million​ euros.  Full Article

Fugro awarded Blue Stream pipeline inspection contract
Monday, 12 Oct 2015 04:00am EDT 

Fugro NV:Blue Stream pipeline inspection contract awarded to Fugro.Fugro has been awarded a contract by Blue Stream Pipeline Company B.V. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System.  Full Article

Fugro awarded $13 million extension of contract by PEMEX
Tuesday, 6 Oct 2015 04:00am EDT 

Fugro NV:Says to have been awarded extension of geophysical and geotechnical contract by PEMEX.Value of contract extension is about $13 million.  Full Article

Fugro wins cable installation contract
Tuesday, 8 Sep 2015 01:00am EDT 

Fugro NV:Wins contract for installation and burial of array cables at Rampion Offshore Wind Farm.Says development in English Channel, 13 kilometers off the Sussex coast, is being built by E.ON alongside partners, UK Green Investment Bank plc.  Full Article

Fugro awarded £2.5 million contract by Transport Scotland
Wednesday, 26 Aug 2015 06:00am EDT 

Fugro NV:Transport Scotland awards 2.5 million pound contract for advanced ground investigation of A9 to Fugro.  Full Article

Fugro mid-term outlook for H2 is unchanged but timing is dependent on a recovery of the oil and gas market
Tuesday, 4 Aug 2015 08:00pm EDT 

Fugro NV:Expects to realize a lower EBIT in the second half of 2015, compared to the second half of 2014 (excluding exceptional items), mainly related to Subsea Services.Company expects a positive cash flow from operating activities after investments for the full year 2015, also excluding the proceeds from the sale of the multi-client data library.Mid-term outlook is unchanged but timing is dependent on a recovery of the oil and gas market.  Full Article

Fugro awarded BG contract for geochemical campaign offshore Honduras
Thursday, 30 Jul 2015 08:00pm EDT 

Fugro NV:Fugro has been awarded a contract to conduct an integrated multibeam echosounder survey and seabed coring campaign over its offshore acreage in the Honduran Caribbean.  Full Article

Fugro joint venture Seabed Geosolutions secures two new contracts
Monday, 27 Jul 2015 01:00am EDT 

Fugro NV:Joint venture Seabed Geosolutions secures two new contracts.Seabed Geosolutions has mobilised for an ocean bottom cable survey in Asia Pacific with a value of about $55 million.Seabed Geosolutions will mobilise for the variation order that was signed by Abu Dhabi National Oil Company (ADNOC) with CGG to conduct a shallow water seabed survey.The survey is over the Ghasha-Butini field, will take around 12 months and has a value of around $125 million.  Full Article

Fugro and Cross Group awarded multi well GoM contract
Friday, 26 Jun 2015 11:33am EDT 

Fugro NV:Fugro and Cross Group awarded multi well GoM contract.  Full Article

Fugro H1 earnings slide by half, hit by energy market woes

AMSTERDAM, Aug 4 Marine engineer Fugro on Thursday reported a sharp fall in core earnings in the first half that missed analysts' expectations, hit by the rout in the oil and gas market.