Fugro’s Group Director for Europe and Africa Resigns
Bijvank has announced his decision to step down form the position to pursue opportunities outside the company.Effective immediately, the recruitment process for Erik-Jan’s replacement has already been initiated, with a successor expected to be announced soon.In the meantime, Fugro’s CEO Mark Heine will take responsibility for the region, supported by the regional leadership team.“Erik-Jan joined Fugro in 2020 and has been a great contributor to transforming the company into the resilient business it is today. His hard work and dedication over the past five years have been greatly appreciate
Fugro Cuts More Jobs, Shifts Focus to Different Business Segments
in the first quarter, in line with a earnings warning it issued earlier this month."We expect ongoing impacts of these market uncertainties into the second quarter. Our immediate priority is the continued implementation of measures to safeguard profitability and cash flow," group CEO Mark Heine said in a statement.Fugro, which provides geotechnical, survey, subsea and geosciences services, reported first-quarter earnings growth of 0.2% before interest, taxes (EBIT) margin, while analysts had expected 5.8%, according to a company-compiled consensus prior to the profit warning.The group
Fugro Cuts Jobs and Scales Back US Operations
forecasts because of volatile markets and lack of new U.S offshore wind projects.The company, which provides geotechnical, survey, subsea and geosciences services, said it has already divested assets and cut more than 100 jobs in the United States because of deteriorating market environment, group CEO Mark Heine told reporters."The shift in the U.S. political landscape has led to a pause in new offshore wind projects. Furthermore, the highly volatile market environment is now impacting Fugro’s business in other regions as well," the company said in a statement."We see some scope reductions
Fugro Restarts US Hydrocarbon, LNG Projects After Trump Win
Dutch geological data specialist Fugro has restarted multiple projects in the U.S. hydrocarbon and LNG sectors since Donald Trump's election and is optimistic about offshore wind development in Asia and Europe, its CEO told Reuters on Friday.Mark Heine said the U.S. government had issued licenses put on hold by the former administration of Joe Biden, without giving any further details on the U.S. projects.U.S. renewables projects that had not yet secured permits or power purchase agreements were now in doubt, he said, predicting that operators would move to Europe. Offshore wind represents 7% of
Fugro Names Annabelle Vos Director for Middle East & India
, in their M&A and corporate litigation practice groups. Vos holds a Master of Law degree from Leiden University and a Master of Arts degree in International Relations and International Economics from Johns Hopkins University SAIS. She is a member of the Supervisory Board of SIF Group N.V.Mark Heine, CEO of Fugro, said, “Annabelle has been instrumental in driving Fugro’s growth and success, all while being a strong promoter of company values and showcasing great personal leadership. Her extensive international background and keen eye for business success and excellence make her
Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme
, where overcoming engineering challenges including slope stability, regional seismicity, subsea faulting and carbonate sediments will require a collaborative and informed approach.“With our expertise and solutions, we will be able to contribute to energy security in the region,” said Mark Heine, CEO of Fugro.The Abadi LNG project is based on an onshore LNG development scheme that INPEX is developing in partnership with PT Pertamina Hulu Energi Masela and PETRONAS Masela in Masela block.The project’s annual LNG production is expected to reach 9.5 million tons, equivalent to over
Fugro On Call for Italy’s Ecosystem Restoration Project
.“Our Geo-data for this transformative project will support the conservation and restoration of Italy's coastal and marine ecosystems for generations to come spearheading the drive towards a sustainable future for Italy's marine heritage, for a safer and more liveable world,” said Mark Heine, Fugro’s CEO
Fugro to Map Seabed Off Curaçao for Future Offshore Wind Farms
an existential reality. We are particularly happy to work closely with the Government of Curaçao to support their vision to lead in the production and export of green energy. Their ambition aligns strongly with our mission to contribute to a safe and liveable world”, said Fugro CEO Mark Heine. The long-term investment is partly financed by the Sustainable Energy Generation and Climate Transition Incentive fund from the Government of the Netherlands
New Working Group Aims to Unlock Private Sector Ocean Data
to developing the long-term sustainable solutions that we need to return to the clean, healthy, productive and resilient ocean. I am very grateful to the founding members of this group for engaging proactively with us in this movement and I know they will inspire many others to join.”Fugro CEO Mark Heine said, “It is heartening to have such high-calibre businesses answer the call to join this critical working group. As companies who actively collect and own a wide range of ocean data useful for the global science community, we have a unique opportunity to contribute to the Ocean Decade movement
February 2025
