Dutch geological data specialist Fugro said on Friday the offshore wind downturn has yet to bottom out and that a recovery was not expected before 2027, sending its shares down around 10%.The company said uncertainty remained high due to weak…
Fugro has won a contract to carry out offshore site characterization surveys supporting the Greater Sunrise and Bayu Undan energy developments offshore Timor-Leste.The program will support planning and development of offshore energy infrastructure for the two projects through geophysical…
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets…