
Fugro Q3 2025 EBITDA Drops as Offshore Wind Weakness and Project Delays Persist
Fugro’s Q3 2025 EBITDA dropped 23% to €108.6 million as offshore wind weakness and oil & gas delays pressured results.

Fugro’s Q3 2025 EBITDA dropped 23% to €108.6 million as offshore wind weakness and oil & gas delays pressured results.

GO Offshore and Dong Fang Offshore sign MoU to cooperate on offshore wind and oil & gas vessel projects in Australia and Asia-Pacific.

SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.

Saipem has strengthened its global offshore drilling orderbook with USD 135 million worth of new and extended contracts across West Africa, the Mediterranean, and the Far East.

Pharos Energy has launched a six-well offshore drilling campaign in Vietnam aimed at boosting production capacity from 2026.

Petrobras has received IBAMA’s environmental authorization to begin exploratory drilling in Brazil’s Equatorial Margin near the Amazon River’s mouth, ending a costly delay and advancing its offshore program.

ABL Group has secured a key contract to oversee rig movements and provide marine warranty services for ONGC’s offshore operations in India.

Santos announced that CFO Sherry Duhe has resigned after less than a year, appointing Lachlan Harris as Acting CFO.

Bureau Technical Services (BTS) expands into China, enhancing offshore wind and oil & gas support across Asia with a new operational base.
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