Search results for: Deep Down

71440 results

A list of search results

  • 16 April 2019
    Business & Finance

    Deep Down, a Houston-based specialist in deepwater oil and gas distribution equipment and services, has appointed new members to the company’s board of directors.

  • 28 September 2017
    Business & Finance

    Deep Down, a U.S.-based oilfield services company, has accepted the resignation of executive chairman and chief financial officer (CFO) Eugene Butler, effective September 30, 2017. Deep Down said on Wednesday that, following Butler’s resignation, the company named current Audit Committee chairman Mark Carden as the chairman of the board. The company added that the current […]

  • 10 June 2020
    Business & Finance, Equipment, Project & Tenders

    Subsea equipment specialist Deep Down has received material orders from two customers totaling approximately $2 million. The scope of work for these orders includes providing subsea controls equipment. This consist of jumpers, flying leads and also electrical/hydraulic distribution manifold. The company will make deliveries before the end of 2020. Finally, the equipment will set in […]

  • 24 January 2020
    Business & Finance

    Houston-based oilfield services company Deep Down has appointed new vice presidents of sales and business development and finance.

  • 17 September 2019
    Business & Finance

    Houston-based oilfield services company Deep Down has appointed a new chief operating officer (COO) of the company.

  • 15 August 2019
    Business & Finance

    Houston-based oilfield services company Deep Down reported a net loss for the second quarter of 2019 compared to a profit in the prior-year period despite increase in revenues driven by higher number of projects underway.

  • 10 January 2020
    Business & Finance, Equipment

    Houston-based oilfield services company Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs.

  • 29 November 2017
    Business & Finance, Equipment

    Deep Down, a U.S.-based oilfield services company, has received orders for subsea equipment from two unnamed West African operators.

  • 13 May 2016
    Equipment

    Deep Down, a US-based oilfield services company, narrowed loss in the first quarter. Namely, the company reported a net loss of $0.5 million, compared to a net loss of $1.3 million in the first quarter of 2015. Revenues fell to $4.4 million, from 5.8 million a year ago, due to, Deep Down explained, some large […]

  • 6 August 2019
    Business & Finance, Equipment

    Houston-based oilfield services company Deep Down has received an order for umbilical support services from Shell Trinidad and Tobago. The order is for the design, fabrication, project management, and installation support for an umbilical repair/replacement package to restore communications to the Poinsettia Deep Well offshore Trinidad and Tobago. The Poinsettia platform is located off the […]

  • 18 April 2018
    Business & Finance, Equipment

    Deep Down has won orders totaling over $4 million for the installation of subsea equipment.

  • 10 March 2016
    Business & Finance, Equipment

    Deep Down, an oilfield services company, has received an order from the oil and gas company Shell for an umbilical and distribution system to support a production platform mooring line control system.  Deep Down did not specify which production platform would be supplied under the contract. In addition to supporting platform positioning, the system will provide real time […]

  • 12 March 2019
    Business & Finance, Equipment

    Deep Down, a Houston-based specialist in deep water oil and gas production and distribution equipment and services, has secured $4.4 million in orders for flying leads and associated equipment, and offshore installation services for the Gulf of Mexico. The orders include over $1 million in offshore services for a new international customer, Deep Down said […]

  • 16 May 2017
    Business & Finance

    Houston-based oilfield services company Deep Down went from red to black during the first quarter of 2017 compared to the prior-year quarter boosted by increase in revenues from completed projects.  The oilfield services firm last Friday reported net income of $64,000 for the first quarter of the year compared to a net loss of $450,000 for the […]

  • 7 April 2015
    Business & Finance, Equipment

    Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, has been awarded several contracts for deepwater work in the Gulf of Mexico from “major operators”. The work will be completed over the next 12 months and includes a combination of engineering and fabrication of different […]

  • 14 August 2017
    Business & Finance

    U.S. oilfield services company Deep Down posted a profit for the second quarter of 2017 compared to a loss in the prior-year period despite decrease in revenues.  The company on Monday reported a net income of $0.5 million for the second quarter of 2017, compared to a net loss of $0.5 million for the second quarter of 2016. […]

  • 12 August 2016
    Business & Finance

    Oilfield services company Deep Down on Friday posted lower revenues for the second quarter of 2016, when compared to the prior-year quarter, due to delays in several offshore projects.  The company’s revenues for the quarter ended June 30, 2016 were almost $6 million compared to revenues of $6.5 million for the same period last year. […]

  • 24 October 2019
    Business & Finance, Equipment

    Deep Down has received orders for custom offshore equipment and services exceeding $2 million from different customers, within one week.

  • 26 July 2016
    Business & Finance, Equipment

    Deep Down, an oilfield services company, has received orders for flying leads and umbilical accessories from two operators in the Gulf of Mexico. Deep Down said on Tuesday that the total value of the orders, made by two ‘major’ operators in the Gulf, is over $3 million. The company also said that the equipment is scheduled […]

  • 11 November 2016
    Business & Finance

    Deep Down, an oilfield services company serving the offshore exploration and production industry, went from red to black and boosted its revenues during the third quarter of 2016 as a result of starting new offshore projects.  For the third quarter of 2016, Deep Down reported a net income of approximately $1 million, compared to a […]

  • 12 August 2016
    Business & Finance

    Deep Down, an oilfield services company, reported a net loss of $0.5 million, or $0.03 loss per diluted share in the second quarter of 2016, compared to a net loss of $0.03 million, or $0.0 per diluted share for the second quarter of 2015. Revenues for the quarter ended June 30, 2016 were almost $6.0 […]

  • 12 November 2015
    Business & Finance

    Deep Down reported a net loss of $0.6 million, or $0.04 loss per diluted share for the third quarter of 2015, compared to net income of $1.2 million, or $0.08 income per diluted share for the third quarter of 2014. Revenues for the quarter ended September 30, 2015 were $6.1 million compared to revenues of […]