Argeo AS

Regulatory Filings • Jul 1, 2025

Argeo ASA: Argeo and partners qualified for four-year contract in South America

Argeo ASA: Argeo and partners qualified for four-year contract in South America

Asker, 1 July 2025: Reference is made to the stock exchange releases from Argeo ASA ("Argeo") published on 24 January 2025 and 31 March 2025. Argeo is pleased to announce that it, together with its partners, have completed the qualification process and continues the process towards contract signing.

The contract is for a ROV Support Vessel (RSV) including Autonomous Underwater Vehicle (AUV) and Remotely Operated Vehicle (ROV) services. Contract period is four years with expected commencement early Q4 2026.

Argeo will execute the contract in partnership with Compagnie Maritime Monegasque (CMM), a Brazilian offshore shipping company, and IKM Subsea, a leading independent ROV and subsea operator. Argeo will provide further updates to the market in due time.

For more information, please contact:

Joost Bakker, CEO

Email: joost.bakker@argeo.no

Phone: +47 90548930

About Argeo ASA

Argeo is a comprehensive subsea service provider, operating across three major

sectors: Oil & Gas, Marine Minerals, and Renewables. The Company offers a unique

package that integrates robust vessels, state-of-the-art autonomous underwater

vehicles (AUVs), advanced sensors, digital imaging technology, and an intuitive

digital platform designed to collect and visualize complex data. 

With their own vessels and high-performance AUVs, Argeo delivers fast and

flexible full-lifecycle services, including survey, inspection, maintenance, and

repair, aimed at improving efficiency and reducing the carbon footprint for

global, industry-leading clients. 

Argeo has established offices in Asker (Oslo), Edinburgh, Houston, and Rio de Janeiro. 

The Company is listed on Euronext Oslo Børs under the ticker: ARGEO. Please

visit www.argeo.no for more information.