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| Large contract for Fugro in Brazil The in 2005 established joint venture Fugro OceansatPEG SA (in which Fugro has an interest of 62%) has been awarded a contract with a total value of USD 25.4 million by the Brazilian oil company Petrobras. Fugro will equip a chartered vessel with two Remotely Operated Vehicle (ROV) systems, of which one will be a new purchase. The project comprises a variety of inspection and construction support services in Brazilian waters over a period of two years. The contract includes an option for a two year extension. The work will start in June 2006. Fugro also announces that its US operating company Fugro West, based in Ventura, California, has acquired España Geotechnical Consulting (EGC), a 20-person firm based in the Sacramento Valley city of Roseville, California. write your comments about the article :: © 2006 Construction News :: home page |