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fugro nv-cva (FUR) Snapshot

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52 Week High
05/2/14 - €48.76
52 Week Low
11/4/14 - €8.67
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fugro nv-cva (FUR) Details

Fugro N.V. acquires and interprets Earth and engineering data to support the design, construction, installation, repair, and maintenance of offshore and onshore infrastructure. The company operates in four segments: Geotechnical, Survey, Subsea Services, and Geoscience. The Geotechnical segment investigates the engineering properties and geological characteristics of near-surface soils and rocks; advises on foundation design; and provides construction materials testing, pavement assessment, and installation support services. This segment provides its services for the support of infrastructure development and maintenance, large construction projects, flood protection, and support of the design and installation of oil and gas facilities and wind farms in onshore, near shore, and offshore environments. The Survey segment provides on- and offshore services to map and inspect the earth’s surface, seabed, and manmade structures; and a range of positioning, oceanographic, and environmental services. Its geospatial services encompass a range of survey and mapping capabilities using satellite, aerial, and terrestrial based sensors. The Subsea segment provides subsea services, such as the use of remotely operated vehicles (ROV) to support exploration drilling; field development, installation and construction support, long term inspection repair, and maintenance services for subsea assets; and tooling and engineering services to enable the design and build of purpose-built tools and interfaces for ROV-based activities. The Geoscience segment provides seabed geophysical solutions to the oil and gas industry; and owns and sells data from a seismic multi-client data library. The company serves oil and gas, building and infrastructure, mining, renewables, public, and other sectors worldwide. It has a strategic partnership agreement with Power Construction Corporation of China. Fugro N.V. was founded in 1962 and is headquartered in Leidschendam, the Netherlands.

13,500 Employees
Last Reported Date: 08/10/14
Founded in 1962

fugro nv-cva (FUR) Top Compensated Officers

Chief Executive Officer and Chairman of the B...
Total Annual Compensation: €780.1K
Director of Geotechnical Division and Member ...
Total Annual Compensation: €593.5K
Director of Subsea Services/Geoscience Divisi...
Total Annual Compensation: €393.3K
Compensation as of Fiscal Year 2013.

fugro nv-cva (FUR) Key Developments

Fugro To Sell Or Spin Off Some Deep-Sea Survey Operations

Fugro NV (ENXTAM:FUR) will sell or spin off some of its deep-sea survey operations, looking to refocus on sea surface and sea-bed operations that are less vulnerable to low oil prices. Fugro said it would focus on survey activities that can be carried out from vessels on the ocean surface, selling or reducing its exposure to the more expensive and volatile business of sending robots to carry out soundings deep below the seabed. It is also considering a partial or full divestment of its subsea business. Fugro said it would hold on to its survey and geotech businesses.

Fugro NV, 2014 Earnings Call, Feb 27, 2015

Fugro NV, 2014 Earnings Call, Feb 27, 2015

Power Construction Corporation of China and Fugro N.V. Sign Strategic Partnership Agreement

Power Construction Corporation of China and the Fugro N.V. signed a strategic partnership agreement at a Sino-Dutch offshore wind energy round-table meeting held by China's National Energy Administration and the Netherlands' economic affairs ministry on January 27, 2015. The two sides will cooperate in prospecting, design, consultancy, construction, EPC, operation and maintenance of offshore wind power, water conservancy and hydropower fields. Moreover, the two will share information and continue to expand cooperation scope.


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