The Netherlands: Fugro Reviews Options for Marine Streamer Seismic Data Acquisition

Fugro N.V. announces it is undertaking a review of all options for its marine streamer seismic data acquisition business and associated activities.

This review is initiated on the basis of Fugro’s position in the market; that Fugro has no current plans to increase the size of its high end, modern, seismic fleet as well as market developments with respect to global fleet expansion.

To explore certain options, discussions with market parties are anticipated during this review.

A further update on the review will be published if and when appropriate.

[mappress]
Subsea World News Staff , May 30, 2012