FUGRO GEOSPATIAL, INC.
FREDERICK, MD

We are the world’s leading, independent provider of geo-intelligence and asset integrity solutions for large constructions, infrastructure and natural resources.Our services are specifically designed to support your engineering design and large structure building projects. We create value by acquiring and interpreting earth and engineering data to assist you with the design, construction, installation, repair and maintenance of your infrastructure. Discover our values, vision and mission, operation figures and strategy. We provide the people, equipment, expertise and technology that support the exploration, development, production and transportation of our world’s natural resources. We’ll give you the technical data and information required to design, construct and maintain your structures and infrastructure in a safe, reliable and efficient manner. We are the world’s leading, independent provider of geo-intelligence and asset integrity solutions for large constructions, infrastructure and natural resources. We provide the technical data and information required to design, construct and maintain your structures and infrastructure in a safe, reliable and efficient manner. Working around the globe, predominantly in energy and infrastructure markets, we employ approximately 10,000 employees in 65 countries. With our services we provide a vital contribution to building a liveable world. Our vision and mission Our vision is to contribute to a safe and liveable world by being the world leading, independent provider of geo-intelligence and asset integrity solutions. These are critical to the sustainable development of natural resources and sustainable construction and operation of large facilities and infrastructure. Our mission is to create value for all our stakeholders. At its core is market leadership: protecting and building it out further where we are leader and achieving it where we are not yet. We do so by: Being the preferred partner for our clients by being an independent services provider which assures the integrity and confidentiality of results. A key element of the Building on Strength strategy launched in 2014 was the transformation of our organisation from local operating companies delivering separate services, into one that efficiently and cost effectively delivers on today’s client requirements for large, integrated, multi-disciplinary projects. We have successfully completed this transformation into a regionally managed organisation, offering geo-intelligence and asset integrity solutions from uniform business lines. The new organisation is also much more cost efficient, and provides the platform for driving growth in non-oil and gas related markets. In 2017, Fugro achieved its strategic objective of divesting its installation and construction related activities. On 30 November, Fugro finalised the divestment of its marine cable laying and trenching assets in exchange for a 23.6% interest in Global Marine Holdings (Global), a leading global supplier of subsea cable installation and maintenance services. Fugro now participates in a more diversified business in which cable installation services are complemented with long-term telecom cable and windfarm maintenance services and sales of subsea telecom systems. Fugro is the preferred provider of marine site characterisation and asset integrity services to Global. In addition, towards the end of the year we early terminated the long-term charter agreements for the two remaining installation and construction vessels.  We continue to be open to reducing our stake in Seabed Geosolutions or enter into an extended partnership. Seabed Geosolutions expects to benefit from a growing seabed geophysical market focused on oil and gas development and production, its new Manta data acquisition system and the synergies with Fugro’s marine division regarding the efficient deployment of nodes using remotely operated vehicles. In the offshore market, Fugro is global market leader in providing marine site characterisation services. We are particularly strong in frontier environments such as deep water. Market shares are high as we are an independent service provider and with our organisation, people and assets we can take on large, integrated projects; leverage our global footprint; and provide the full range of acquisition, analytics and advisory services. In the marine asset integrity space, Fugro holds strong regional positions in Asia-Pacific and Europe. On land, based on the same capabilities as in marine, Fugro is market leader in site characterisation on a regional and local basis, and in our ability to provide integrated services to globally operating clients anywhere in the world. In asset integrity we have leadership positions in specific market segments in selected countries. Fugro’s market leadership is predicated on being an independent services provider. Fugro provides geo-intelligence and asset integrity solutions. Data, information and advice regarding natural resource development and sites for construction of large buildings, industrial plants and infrastructure are vital to costing, design and risk mitigation during the development phase and to mitigate development risk. As independent service provider, we have no conflict of interest with respect to other parties involved in clients’ projects and results are provided impartially and confidentially. A further requirement to achieve and maintain market leadership is that we consistently meet client project requirements anywhere we operate. To achieve this we provide quality services that are delivered by well-trained people, safely, within budget, on time and meeting client specifications. In 2018 we will be paying particular attention to digitalisation of client deliverables and to introducing innovations that support our clients with solutions that deliver better results, enhance safety, and reduce overall cost of asset development and operation.