News
Argeo LISTEN- Electromagnetic Subsea Cathodic Protection Measurement
Autonomous Underwater Vehicles (AUV’s) have been introduced as efficient tools for subsea pipeline inspections. It has also been demonstrated that AUVs can be used to perform contactless and continuous electric field measurements of the Cathodic Protection (CP)...
Argeo Q3: Continued growth and a proven strategy deliver strong results across all key financial figures
Asker, 21 November 2024: Argeo ASA sustains its continued momentum in the third quarter, driven by solid project performance, coupled with strong operational utilization and the uplisting to the Oslo Stock Exchange. Revenue improved to USD 23 million, marking an...
Argeo Successfully Uplisted to Euronext Oslo Stock Exchange
We are proud to announce that Argeo has been successfully uplisted to the Euronext Oslo Stock Exchange from Euronext Growth. This important achievement reflects the dedication and hard work we’ve invested in our journey of consistent growth. "We are very pleased...
Insights from Wall Street Journal into the Marine Minerals industry
The Wall Street Journal has recently published an interesting video-article with some insights into potential marine mining technologies and industry valuation estimates. To fully unlock the potential of this emerging sector, including a comprehensive understanding of...
Argeo presents at the Pareto Securities’ Annual Energy Conference 2024
Trond Crantz, CEO of Argeo, is presenting today at Pareto Securities' Energy Conference in Oslo. Presentation highlights – a strong H1’ 2024 Revenues: USD 25.1 million, up 561% from H1 2023EBITDA: USD 7.1 million, up 384% from H1 2023Profit: USD 1.1 million, up 128%...
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...
We’re proud to recognize the incredible efforts behind Argeo’s granted patents
As our CTO, Thorbjørn Rekdal, perfectly captures, "Argeo has successfully secured six patents in the field of subsea electromagnetic and acoustic sensor technologies, demonstrating our commitment to innovation. This week, we had the pleasure of celebrating the...
Half-year operational update
Below are highlights from our half-year operational update from Argeo. You can download the full update presentation here: Download Full Operational Update (PDF) Vessel Inspection: Completed intermediate planned vessel inspection in Durban Docking &...
Argeo is granted new patent for acoustic tracking of buried subsea objects
Argeo Robotics AS, a wholly owned subsidiary of Argeo AS, has been granted a new patent from the Norwegian Industrial Patent office (Patentstyret) using acoustic sensors for tracking buried pipelines/objects below the seafloor. The patent protects an innovative use of...
