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Argeo ASA Announces Completion of TotalEnergies Venus Namibia Project

Argeo ASA announced the completion of the TotalEnergies Venus project on March 14, 2025. The project, which began on May 20, 2024, faced delays due to weather and yard issues. Argeo Venture delivered extensive geophysical data and geotechnical samples. The company operates in multiple subsea sectors and is committed to advancing efficiency and sustainability.

Argeo ASA has announced the successful completion of the TotalEnergies Venus project in Namibia on March 14, 2025. This operation, which began on May 20, 2024, required the Argeo Venture vessel’s demobilization, currently taking place in Walvis Bay and expected to conclude by March 23, 2025. The project experienced delays due to an extended yard-stay and adverse weather conditions.

Throughout the 10-month project duration, the Venture has provided over 7,000 line kilometers of Autonomous Underwater Vehicle (AUV) geophysical data and approximately 200 geotechnical samples from depths exceeding 3,000 meters. This accomplishment reinforces Argeo’s status as a provider of high-quality deep-water services and demonstrates their capacity to efficiently conduct integrated geophysical and geotechnical operations.

Argeo ASA operates in the subsea service sector, focusing on Oil & Gas, Marine Minerals, and Renewables. With a combination of advanced vessels, state-of-the-art AUVs, and innovative digital platforms, the company delivers efficient services aimed at improving sustainability and performance for its clientele. Established in 2020, Argeo maintains offices in Asker, Edinburgh, Houston, and Rio de Janeiro, and is publicly traded on Euronext Oslo Børs under the ticker ARGEO.

In conclusion, Argeo ASA’s completion of the Venus project for TotalEnergies exemplifies their competence in providing advanced geophysical and geotechnical services. The successful execution of this project not only highlights their operational capabilities but also reinforces their commitment to sustainability and innovation in the subsea service domain. With a focus on efficiency and advanced technology, Argeo continues to set industry standards.

Original Source: www.tradingview.com

Amelia Caldwell

Amelia Caldwell is a seasoned journalist with over a decade of experience reporting on social justice issues and investigative news. An award-winning writer, she began her career at a small local newspaper before moving on to work for several major news outlets. Amelia has a knack for uncovering hidden truths and telling compelling stories that challenge the status quo. Her passion for human rights activism informs her work, making her a respected voice in the field.

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