FUGRO ETIVE

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Course/Position

Latest news

Fugro finalized purchase agreement for REM Etive

Fugro has secured its continued utilization of the "REM Etive", and has finalized a purchase agreement at conditions significantly more beneficial than a renewed charter agreement, with owner Solstad. The move supported a portfolio of IRM contracts being executed by Fugro in the Asia-Pacific region and was expected to strengthen the company’s position in relation to future subsea inspection business in the area. Suited to a wide range of offshore operations, the "REM Etive" has been operating in Southeast Asian waters for Fugro under a charter agreement since 2007 and was mobilized with a comprehensive range of Fugro equipment for specialized subsea inspection and field support projects. Retaining the benefits of the vessel’s assured performance and notable versatility will result in seamless project execution and provide the continuity that is essential in operational management.