Fugro has extended its Memorandum of Understanding (MOU) with Underwater Survey Technology 21 (UST21) following strong demand for combined geophysical, geotechnical and metocean data services, launched 2019, to support South Korea’s ambitious expansion of wind power assets.
The two-year renewed agreement will enable Fugro, assisted by UST21’s local hydrographic expertise, to provide a comprehensive package of Geo-data collection, interpretation and advice to help a growing client base achieve successful outcomes.
Fugro has drawn on its full range of marine site characterisation services over the past three years, with UST21’s hydrographic mapping capabilities being integral in creating a unique synergy and scope of services between Fugro and UST21, along with a clear understanding of the regional market and its operational challenges. The extended MOU signals that Fugro and UST21 are committed to longevity in South Korea and inspiring client confidence that delivery excellence in the geoscience data they need is available within the fast growing offshore wind market.
Jerry Paisley, Fugro’s Regional Director for Marine Site Characterisation, said: “We are pleased to announce the extension of our Memorandum of Understanding with UST21 in South Korea. We believe it demonstrates Fugro’s commitment to this emerging market and our desire to establish long-term relationships within Korea. Our aim is to maximise the value and benefits of our innovative digital solutions, experienced personnel and regional resources in the delivery of market-leading geoscience data, precisely tailored to the needs of the client and their wind energy challenges.”
Fugro is the world’s leading Geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Adopting an integrated approach that incorporates acquisition and analysis of Geo-data and related advice, Fugro provides solutions. With expertise in site characterisation and asset integrity, clients are supported in the safe, sustainable and efficient design, construction and operation of their assets throughout the full lifecycle.
Employing approximately 9000 talented people in 59 countries, Fugro serves clients around the globe, predominantly in the energy, infrastructure and water industries, both offshore and onshore. In 2021, revenue amounted to EUR/ 1.5 billion. Fugro is listed on Euronext Amsterdam.