We are pleased that the Argeo Venture project is progressing according to plan, and we would like to further share that the vessel has completed the first part of the sea trials after the upgrade last week.
The vessel is performing very well, and all maritime systems are now GO.
Later this week, the final part of the trials will commence with the Hugin Superior sea trials before the vessel goes back to the yard for final touches with its departure from Norway in the first week of April.
Asker, 15.05.2025 Revenue for Q1 amounted to USD 11.5 million, marking an increase of 21% year-over-year (YoY). EBITDA amounted to USD -0.2 million, alongside an EBIT of USD -2.0 million. Net loss for the quarter was USD 4.2 million. Key Q1 2025 highlights include:All...
Connect with us at EAGE 2025. Argeo will exhibit and be present at the EAGE Annual Conference in Toulouse, France, from 2nd of June till 5th of June 2025. Our team is ready to discuss our integrated services – complete with proven multipurpose vessels…
After another busy season of operating the Hugin Superior and Hugin 6000 AUV's in West Africa, Indian Ocean, offshore California, the Caribbean, and Northern Atlantic Ocean, Argeo is excited to share operational insights and data examples from our unique sensor...