Argeo AS

M&A Activity • Jan 24, 2025

Argeo ASA: Argeo in first position after a tender competition for ROV & AUV Support Vessel (RSV) contract for a total of four years in South America

Argeo ASA: Argeo in first position after a tender competition for ROV & AUV Support Vessel (RSV) contract for a total of four years in South America

Asker, 24.01.2025 Argeo is in first position after a tender competition for the provision of ROV & AUV Support Vessel (RSV). The contract, subject to further negotiations, has a duration of four years.

Further detail and information about scheduling will be provided at a later date.

For more information, please contact:

Trond Figenschou Crantz, CEO

Email: trond.crantz@argeo.no

Phone: +47 976 37 273

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Elisabeth Andenæs, Marketing and Communications Manager at Argeo ASA, on 24 January 2025 at 08:00 CEST.

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. 

Founded in 2020, 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.