Argeo has signed a contract with Woodside Energy for Calypso AUV survey

Apr 17, 2024 | News

Argeo is pleased to announce having signed a contract with Woodside Energy to execute the 2024 AUV geophysical survey for the deepwater Calypso field in Trinidad and Tobago.


The work will be carried out by Argeo Searcher with commencement in Q3 2024 and the project will occupy the vessel for approximately 60 days, not including any additional work. The Calypso field is located approximately 225 km off the East coast of Trinidad in ~2,100m water depth.

“This contract ignites our Caribbean and South American campaign to provide top-tier deep-water services within the North and South Americas (NSA) geomarket” states Argeo CEO, Trond Figenschou Crantz.

“This is an important and significant award for Argeo, and we very much look forward to demonstrating our capabilities and expertise to Woodside on this project” states Argeo VP NSA, Dave Gentle.

Argeo achieves significant growth in the second quarter

Argeo achieves significant growth in the second quarter

Asker, 29 August 2024: Argeo reports good growth performance for Q2 2024, driven by significant contract wins and strategic advancements in our technology portfolio. Revenue improved to USD 15.7 million, marking an increase of 1037% year-over-year (YoY). EBITDA rose...