The latest update is out from Argeo AS ( (DE:8W20) ).
Argeo ASA has appointed Jan P. Grimnes as interim CEO following the resignation of Trond F. Crantz, who has been pivotal in transforming the company into a leading global subsea service provider. This leadership change marks a new strategic phase for Argeo as it seeks to expand its asset and service offerings, necessitating new competencies to navigate future challenges. The board will begin the search for a permanent CEO to lead the company forward.
More about Argeo AS
Argeo ASA is a comprehensive subsea service provider operating in the Oil & Gas, Marine Minerals, and Renewables sectors. The company offers a unique package of services that includes robust vessels, autonomous underwater vehicles (AUVs), advanced sensors, digital imaging technology, and a digital platform for data visualization. Founded in 2020, Argeo is known for delivering fast and flexible full-lifecycle services aimed at improving efficiency and reducing carbon footprints for global clients. The company is listed on Euronext Oslo Børs under the ticker ARGEO.
YTD Price Performance: -35.32%
Average Trading Volume: 1,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: €31.96M
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