Fugro acquires Advanced GeomechanicsCompany News // November 28, 2013
Fugro has reached agreement to acquire Advanced Geomechanics Pty Ltd in Perth, Australia.Advanced Geomechanics is a consulting company providing highly specialised geotechnical and geophysical engineering and consulting services to the oil and gas sector in Australia and the rest of the world.
The company has a team of highly qualified and experienced consultants and, with their unique knowledge database, the company is widely acknowledged as provider of high quality, innovative design solutions and technical advice for the international offshore industry.
Avanced Geomechanics' consulting activities are complemented by laboratory and sample storage facilities. The company generated revenues of A$30 million (Euros 21 million) in 2012, has its main office in Perth and employs some 70 people.