Menu

Fugro becomes sole Shareholder of Seabed Geosolutions

Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions and to terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of USD 35 million, paid by CGG before year-end 2019. The proceeds will be used to lower Fugro’s outstanding debt position and strengthen Seabed Geosolutions’ balance sheet.

Read more...

Bontexgeo – New Ownership and new Name

On 3 September 2019 Low & Bonar PLC has announced that it has completed the sale of their civil engineering business, which includes the production facilities in Belgium and Hungary, to Nimbus, a Netherlands based private equity fund. This sale is in line with the  strategy announced on July 11, 2018 to dispose of the civil engineering division in order to simplify their portfolio and improve their debt position.

Read more...

Festive Reopening for the Forggensee Reservoir Dam in Germany

 

Once again, traffic is driving along the dam crest, electricity generation is running full-steam ahead, and lake Forggensee is filled with water. After a total construction time of only 16 months, during which all participants worked at maximum capacity, remediation of the Forggensee reservoir dam in Rosshaupten was successfully completed in July 2019. After completion of the new street along the dam crest (including walking and biking paths) and other construction projects, the Rosshaupten reservoir dam was re-opened on September 12 during a festive ceremony.

Read more...
Subscribe to this RSS feed

Our Web Adresses

Idea and Programming

Akzeptieren/Accept

Diese Website verwendet nur technisch notwendige Cookies. Sie werden nicht getrackt und Ihre Daten werden nicht weitergeletet an Dritte. Durch die Nutzung dieser Webseite erklären Sie sich damit einverstanden, dass Cookies gesetzt werden. Mehr erfahren

This website uses only technically necessary cookies. You are not tracked and your data are not passed on to third parties. By using this website, you consent to the use of cookies.