Asker,02.04.2024 Reference is made to stock exchange announcement fromArgeo AS ("Argeo" or the "Company") published on12 March 2024 "Argeo has signed aUSD 39 million contract with an international energy company". Argeo is pleased to confirm the customer for the project is international energy companyTotalEnergies . The work will be carried out byArgeo Venture with commencement described in earlier announcement and occupy the vessel for the remainder of 2024. More details will be provided at a later date. "This contract affirms our capability to provide top-tier deep-water services and highlights our strong presence within the industry" stated Argeo CEO,Trond Figenschou Crantz . For more information, please contact:Trond Figenschou Crantz , CEO Email: trond.crantz@argeo.no Phone: +47 976 37 273 About Argeo Argeo is an Offshore Service company with a mission to transform the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. Equipped with unique sensors and advanced digital imaging technology, the Autonomous Underwater Vehicles (AUV's) will significantly increase efficiency and imaging quality in addition to contributing to significant reduction in CO2 emissions from operations for the global industry in which the Company operates. The Company's highly accurate digital models and digital twin solutions are based on geophysical, hydrographic, and geological methods from shallow waters to the deepest oceans for the market segments Oil & Gas, Renewables, Marine Minerals and Offshore Installations. Argeo was established in 2017 and has offices in Asker (Oslo ), Tromsø,Stockholm ,Edinburgh ,Houston ,Rio de Janeiro , andSingapore . Since its incorporation, Argeo has carried out complex projects for some ofNorway's largest companies in the field. The company is listed on The Euronext Growth inOslo under the ticker: ARGEO. Please visit www.argeo.no for more information.
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