Seismic player Fugro has signed an agreement to sell its trenching and cable laying business to subsea-focused Global Marine Group (GMG). Under the deal, Fugro will acquire an equity stake of around ...

Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year ...

NEW YORK, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Global Marine Group (“GMG”), a leading provider of offshore engineering services to the telecommunications, oil & gas, and renewables industries, and an ...

Acquisition Further Positions Company For Significant Offshore Power Market Opportunities Global Marine Group ("GMG"), a leading provider of offshore engineering services to the telecommunications, ...

The Department of Information and Communications Technology (DICT) aims to complete the trenching of telco cables in Luzon before President Ferdinand R. Marcos Jr.’s term ends in 2028. In a press ...