By Margaret Nongo-Okojokwu
Fugro has announced a new move to stimulate business development in Nigeria’s marine industry with a new agreement with Jagal, an established Nigerian corporation that operates leading energy businesses and manages a diverse portfolio of investments.
As a 100% Nigerian entity the new venture, Fugro Marine Nigeria Limited, is set to optimize marine site characterisation and asset integrity services in the country. Fugro’s long history of supporting the offshore oil and gas and marine construction sectors in Nigeria is built on its extensive resources and expertise in specialist areas, such as deep water. Adding its considerable experience and in-depth knowledge of the Nigerian market, Jagal is also committed to empowering people and building partnerships to achieve sustainable growth for the advancement of the Nigerian community and industry.
“The new business will leverage the strengths of both parties to undertake large, integrated marine site characterisation projects and asset integrity programmes,” said Peter Boon, Fugro’s Business Development Manager for Africa.
“Jagal’s commitment to high standards in health and safety is aligned with Fugro’s and, along with our objective to indigenize our specialist services into the local market, this co-operation will enhance our support of the offshore energy industry in Nigeria.”
Fugro is the world’s leading, independent provider of geo-intelligence and asset integrity solutions. It acquires and analyses data on topography and the subsurface, soil composition, meteorological and environmental conditions, and provides related advice. With its geo-intelligence and asset integrity solutions Fugro supports the safe, efficient and sustainable development and operation of buildings, industrial facilities and infrastructure and the exploration and development of natural resources.
The company works around the globe, predominantly in energy and infrastructure markets offshore and onshore, employing approximately 10,000 people in 65 countries. In 2017, revenue amounted to EUR 1.5 billion. The company is listed on Euronext Amsterdam.