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Fugro NV (FUGRc.AS)

FUGRc.AS on Amsterdam Stock Exchange

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Fri, Apr 29 2016

Marine engineer Fugro retrenches in face of oil and gas rout

AMSTERDAM, April 29 Marine engineer Fugro said it was stepping up cost control efforts, cutting a further 600 jobs over coming quarters, as its oil and gas industry clients delayed contract awards and exploration budgets continued to shrink.

UPDATE 2-Boskalis sees profit fall, fleet cuts on weak oil industry

* Shares drop 10 percent on outlook (Adds material on Fugro stake, CEO comments, shares)

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