"I am looking for success in Europe as well as at home," Fergie told the club's official website.
"We have the players and the back-up to do it. We are a more mature team this season in terms of European football and we have played some successful and entertaining stuff.
"We've lost a couple of games in the league but our consistency overall has been very good.
"We are with the leaders in the league and we are through to the knockout stages of the Champions League and ready for the exciting games ahead."