Mark Heine News

Image Credit - Sea-Kit

Fugro, Sea-Kit in Uncrewed Surface Vessel Team-Up

for zero global emissions in the marine industry.The first USVs will be launched before the end of this year, and a larger USV model is being designed for delivery in 2021. These inspection-related USVs are being developed alongside Fugro’s range of USVs for hydrographic data acquisition.Mark Heine, Chief Executive Officer at Fugro, said: “We are excited to be partnering with SEA-KIT International to develop a range of USVs that will transform the marine industry. Together with other strategic alliances, this partnership represents a major acceleration to our strategy of leading the

Fugro CEO Mark Heine (Photo: Fugro)

Fugro Sees Margin Improvement in 2019

."Excluding the impact of increased working capital, cash flow was break-even, a significant improvement compared to 2017," the company said in a statement."We have benefited from the gradual recovery of the oil and gas market and the ongoing expansion of offshore wind," added CEO Mark Heine.As offshore wind, oil and gas and infrastructure markets continue to grow, the company expects positive cash flow from operating activities after investments in 2019.For 2019, Fugro also sees continued revenue growth and further improvement of its EBIT margin.It plans capital expenditure of around

(Photo: Fugro)

Fugro Q3 Revenue Jumps

Fugro by making it more economic to prospect for the hard-to-reach subsea deposits in which it specializes."In our early cyclical marine site characterisation activities we are experiencing sharp growth and improving prices, resulting in strongly improved profitability," Chief Executive Mark Heine said in a statement on Friday.Third-quarter revenue reached 434.7 million euros ($494 million). The company's backlog for the next 12 months was 916.8 million euros, up 8.9 percent on a comparable basis.The company confirmed its full-year outlook, targeting revenue growth on a comparable basis

Mark Heine (Photo: Fugro)

Furgo Taps Heine as New CEO

Dutch offshore services company Fugro NV has appointed longtime employee Mark Heine as its next CEO and Chairman of the Board of Management. He succeeds Øystein Løseth, who has decided to resign after only several months in the role.Heine, who most recently served as director of Fugro's marine division, began his career at Fugro in 2000 as geodesist on various onshore and offshore survey projects. By 2002 he fulfilled several management roles in the survey division with increasing responsibilities. From 2012 he served as regional director Europe-Africa for the survey division. In

(Photo: Fugro)

Fugro to Train Saudi Students in Marine Technology

our past 40 years of operations in Saudi Arabia. Our hydrographic survey teams have conducted extensive seabed mapping programmes in the Red Sea over the last decade and we look forward to training and developing more Saudi students, enabling them to enter this exciting field of discovery,” added Mark Heine, director of Fugro's Marine Division.The KAUST - Fugro alliance aims to place Saudi Arabia at the forefront of international scientific advancements in marine technology whilst the new Center of Excellence will not only benefit the KAUST academic community, but will also support the university'

Fugro Bags Australian Subsea Contract

, inspection, repair and maintenance (IRM) services and will run for five years, with options to extend. Fugro will provide all services through its office in Perth. The work will be performed under Fugro's QHSE system, which is in accordance with industry leading QHSE and operational standards. Mark Heine, Divisional Director Marine and member of the Board of Management: “We are pleased to have secured this long term contract, supporting vessel utilisation in the current challenging oil and gas market. This IRM contract fits well within our asset integrity business line, which centers around

Marine Technology Magazine Cover Mar 2020 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news