Fugro Awarded Major Contract from INPEX Operations Australia

Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometers from the coast of Western Australia. INPEX is Japan’s largest oil and gas exploration and production company.

The five-year contract encompasses field operations support, inspection, repair and maintenance (IRM) services and will run for five years, with options to extend. Fugro will provide all services through its office in Perth. The work will be performed under Fugro's QHSE system, which is in accordance with industry leading QHSE and operational standards.

Mark Heine, Divisional Director Marine and member of the Board of Management, “We are pleased to have secured this long term contract, supporting vessel utilization in the current challenging oil and gas market. This IRM contract fits well within our asset integrity business line, which centers around inspection and monitoring services, supporting optimal utilization and longevity of our clients’ infrastructure.”