Fugro is a Dutch multinational public company headquartered in

Leidschendam Leidschendam () is a town and former municipality in the province of South Holland of the Netherlands. Along with Voorburg and Stompwijk, it is part of the municipality Leidschendam-Voorburg. History The town's name has been in use for centuri ...

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

, that specializes in collecting and analysing geological data, both on land and at sea. Employing approximately 9,000 people in 65 countries, Fugro serves clients around the globe, predominantly in the energy and infrastructure industries, both offshore and onshore. In 2018, revenue amounted to €1.65 billion. The company is listed on Euronext Amsterdam, Mark Heine is the CEO and Chairman of the Board of Management and Harrie L.J. Noy is Chairman of the Supervisory Board.

History

Kornelis "Kees" Joustra founded Fugro on 2 May 1962 as Ingenieursbureau voor ''Fu''nderingstechniek en ''Gro''ndmechanica,

Dutch Dutch commonly refers to: * Something of, from, or related to the Netherlands * Dutch people () * Dutch language () Dutch may also refer to: Places * Dutch, West Virginia, a community in the United States * Pennsylvania Dutch Country People E ...

for "Engineering Company for Foundation technology and Soil Mechanics". In the wake of the

1970s energy crisis The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages as well as elevated prices. The two worst crises of this period wer ...

the offshore business came to a standstill. This resulted in the acquisition of its main competitor, McClelland, into Fugro-McClelland in October 1987. Fugro has since vigorously pursued an active acquisition policy in order to obtain cutting-edge technology and increase its market share. In April 1992, Fugro went public on the

Amsterdam Stock Exchange Euronext Amsterdam is a stock exchange based in Amsterdam, the Netherlands. Formerly known as the Amsterdam Stock Exchange, it merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext. The r ...

. In 2003, Fugro bought Thales Geosolutions for €147.5 million, its largest acquisition to date. In September 2012,

CGGVeritas CGG SA (CGG) is a multinational geoscience technology services company that specializes on solving complex natural resource, environmental and infrastructure challenges. CGG is listed on Euronext Paris, and was listed on the New York Stock Exc ...

acquired Fugro's Geoscience Division for €1.2 billion. In June 2014, the

Australian Transport Safety Bureau The Australian Transport Safety Bureau (ATSB) is Australia's national transport safety investigator. The ATSB is the federal government body responsible for investigating transport-related accidents and incidents within Australia. It covers air ...

(ATSB) awarded Fugro the contract to conduct the search for Malaysia Airlines Flight 370, which disappeared on 8 March 2014. In August 2014 it awarded an additional contract for the deployment of two specialist vessels. The contract was worth AUD$39 million and lasted until August 2016. Fugro had around 200 employees and 3 search vessels dedicated to the search for MH370. Fugro purchased the Remote Observation Automated Modelling Economic Simulation (ROAMES) technology from

Ergon Energy Ergon Energy Network is a subsidiary company oEnergy Queensland Limited (EQL) a Government owned corporation owned by the Government of Queensland. It distributes electricity to around 763,000 customers across Queensland, excluding South East Qu ...

in 2014. In January 2015, Royal Boskalis Westminster increased its shareholdings in Fugro to 20.1%.

Organisation

Fugro is divided across four integrated regions with the business line structure of marine site characterisation, marine asset integrity, land site characterisation and land asset integrity.

Regions

* America * Asia, Pacific and Australia * Europe and Africa * Middle East and India

Business lines

Fugro has four business lines: * Marine site characterisation * Land site characterisation * Marine asset integrity * Land asset integrity

Notes

References