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Fugro Lands Landmark Deepwater Gas Field Survey Deal in Southeast Asia

SINGAPORE – June 2, 2025 – Fugro has confirmed it has secured a major site characterisation contract for a deepwater gas field development in Southeast Asia, marking the largest geotechnical and geophysical survey project the company has undertaken in the Asia Pacific region to date.

The letter of award, signed earlier this week, signals growing momentum in offshore energy development across the region. The project scope covers a combination of onshore, nearshore, and offshore data acquisition services, underscoring the scale and technical complexity of the job. Fugro’s integrated approach will deliver a comprehensive ground model, giving project engineers a near real-time foundation for making time-sensitive decisions.

Geo-data collection is expected to kick off in Q3 2025, with field operations scheduled to span approximately 12 months. The technical deliverables—ranging from advanced laboratory testing to site consultancy—will continue into 2027, according to Fugro. This long-term timeline reflects both the size and importance of the gas development initiative, which remains unnamed due to commercial confidentiality.

For Fugro, this contract represents more than just another job—it demonstrates the company’s strategic positioning in the deepwater energy market. With demand rising for precise, real-time subsurface information in frontier regions, Fugro’s capabilities in high-spec geotechnical and geophysical analysis have become increasingly essential to project owners, regulators, and engineers alike.

In a statement, the company noted that this award was already reflected in its 12-month backlog as of March 2025, a sign of the contract’s anticipated impact on operations and earnings. While financial terms were not disclosed, industry insiders suggest the value is substantial, given the scope and duration of the programme.

What makes this project stand out isn’t just the scale, but the data turnaround. By delivering a digital ground model in near real-time, Fugro aims to compress planning timelines and enhance cross-functional decision-making. With site planning and engineering design heavily reliant on subsurface data, faster access could mean a competitive edge in execution.

Fugro’s role doesn’t stop with data collection either. The company is expected to support the broader design and planning phase through its consulting services, ensuring that the ground model is integrated into regulatory submissions and infrastructure layout decisions. The collaboration with local authorities and other stakeholders is likely to play a pivotal role, especially as environmental scrutiny around offshore developments continues to intensify.

As deepwater gas projects gain traction across Southeast Asia, this contract reinforces the region’s strategic importance for energy security and positions Fugro at the centre of its growth. Whether this signals a trend toward larger, multi-year site characterisation contracts remains to be seen, but one thing is clear: offshore energy development in Asia Pacific isn’t slowing down anytime soon.

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