Search results for: Q3 2018

235275 results

A list of search results

  • 1 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian geophysical services company EMGS has slipped deeper into the red when compared to third-quarter 2017, with revenues down some 44 percent and net loss widened by 10.8 million. The Oslo-listed company reported net loss for the quarter ended September 30, 2018 of $11.2 million or 9 cents per share, versus loss of $0.4 million […]

  • 30 October 2018
    Business & Finance, Equipment

    Baker Hughes, a GE company, (BHGE) has reported profit of $13 million or 3 cents per diluted share on GAAP basis for the quarter ended September 30, 2018. Adjusted diluted earnings per share were 19 cents per share. The company generated revenue of $5.7 billion for the quarter, up 2% sequentially and up 7% year-over-year. […]

  • 31 October 2018
    Business & Finance, Operations & Maintenance

    Houston-based McDermott has reported quarterly profit of $2 million, or $0.1 per diluted share, compared to $95 million, or $1 per diluted share in the third quarter of 2017. Adjusted net income for the third quarter 2018 was $89 million, with adjusted diluted earnings of 20 cents per share. According to McDermott, the Q3 result […]

  • 30 October 2018
    Business & Finance, Equipment

    Forum Energy Technologies recorded loss in the third-quarter 2018 of $3 million, or 3 cents per diluted share, compared to net loss of $15 million, or 14 cents per diluted share, for the prior-year comparable period. Sequentially, Forum narrowed its losses, also from loss of 15 cents per share, despite revenue drop of $7 million. […]

  • 1 November 2018
    Business & Finance, Operations & Maintenance

    Seismic player Polarcus has reduced quarterly loss when compared to third-quarter 2017 as revenues increased some 49 percent with prefunding of multiclient revenue recognized in accordance with IFRS (International Financial Reporting Standard). The Oslo-listed company reported net loss for the quarter ended September 30, 2018 of $8.4 million, versus loss of $9.1 million in Q3 […]

  • 3 October 2018
    Business & Finance

    Polarcus, a Dubai-based seismic contractor, has seen a decrease in its vessel utilization during the third quarter of 2018. Quarterly vessel utilization dropped to 86 percent from 92 percent in the third quarter of 2017. A 6 percent vessel activity drop was recorded on the contracted basis, while the multi-client basis has stayed at 0 […]

  • 6 November 2018
    Business & Finance

    Amid the improvement in the shipping market, Golar LNG closes Q3 2018 with an increase in net income.

  • 9 November 2018
    Business & Finance, Operations & Maintenance

    Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $1.9 million for the three-month period ended September 30, 2018. This result compares with quarterly loss of some $2.1 million in the corresponding period in 2017. Sequentially, net loss also narrowed from $7.7 million […]

  • 13 November 2018
    Business & Finance, Operations & Maintenance

    DOF Subsea, a subsidiary of DOF Group, reported loss in the third quarter of 2018 of NOK 98 million ($11.5 million), compared to profit of NOK 138 million ($16.2 million) in the corresponding period in 2017. Year-to-date result for 2018 also came out negative, with loss of NOK 182 million ($21.4 million), against profit of […]

  • 13 November 2018
    Business & Finance

    NAT posted a net loss of USD 38 million for Q3, 2018, widening its loss from last year’s USD 34.2 million. 

  • 7 November 2019
    Business & Finance, Operations & Maintenance

    Engineering and construction specialist Subsea 7 has seen its profit slip in the quarter ended September 30, 2019 as activity drop continues in renewables and heavy lift business units. The Oslo-listed firm posted quarterly profit of $42 million, or $15 cents per diluted share, on revenue of $951 million, versus profit of $76 million, or […]

  • 2 October 2019

    Polarcus, a Dubai-based seismic contractor, has recorded a slight decrease in its vessel utilization during the third quarter of 2019. Quarterly vessel utilization was at 83 percent compared to 86 percent in the third quarter of 2018. According to Polarcus’ update, on a contracted basis the vessel utilization has seen a slight drop to 83 […]

  • 15 November 2019
    Business & Finance, Operations & Maintenance

    Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $6.4 million for the three-month period ended September 30, 2019. This result compares with loss of some $1.9 million in the corresponding period in 2018. The Singapore-listed company generated quarterly revenue of $27 million, […]

  • 17 October 2019
    Business & Finance

    Norwegian seismic services provider Petroleum Geo-Services (PGS) returned to profit in the third quarter of the year from a loss in the corresponding quarter of 2018 as its revenues received a boost amid improving market environment. Norwegian seismic services provider Petroleum Geo-Services (PGS) returned to profit in the third quarter of the year from a […]

  • 8 November 2019
    Business & Finance, Operations & Maintenance

    Norwegian geophysical services company EMGS has returned to profit as revenues hiked more than fourfold for the period ended September 30, 2019. The Oslo-listed company reported profit for Q3 2019 of $5.1 million or 4 cents per share, versus loss of $11.2 million in Q3 2018. Revenues for the quarter rose at $26.9 million from […]

  • 8 October 2018
    Business & Finance

    Geophysical contractor TGS has said that based on preliminary reporting from its operating units, the company management expects net revenues for the third quarter of 2018 to be approximately USD 141 million. The Oslo-listed firm generated relatively flat result during the corresponding period in 2107 with USD 141.6 million. However, net late sales hiked during […]

  • 30 November 2018
    Business & Finance

    MPCC to equip additional 5 vessels with scrubbers and to charter out 6 scrubber-retrofitted vessels.

  • 28 November 2019
    Business & Finance

    Golar LNG has delayed plans to separate its tri-fuel diesel-electric (TFDE) LNG carrier business. 

  • 10 August 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Polarcus said it has received an award for a 3D marine seismic acquisition project in West Africa. The project duration is approximately three months and is expected to start in September 2018. Following this award, the Polarcus fleet is 100% booked for Q3 2018 and 85% booked for Q4 2018. The survey is for an […]

  • 2 October 2018

    Norwegian seismic player, Petroleum Geo-Services (PGS), has released vessel activity report for the third quarter of 2018. In the Q3, the vessel utilization on the contracted basis has seen a drop to 19 percent compared to 28 percent in the corresponding period in 2017. On the multi-client seismic basis, the vessel activity increased to 68 percent, […]

  • 24 October 2019
    Business & Finance, Operations & Maintenance

    Italian oilfield services player Saipem has reported third-quarter 2019 profit of €30 million on revenues of €2.23 billion. This result compares to net loss of €34 million on revenues of €2.26 billion in the prior-year comparable period. Adjusted result was net profit of €31 million, against €11 million profit in Q3 2018. Saipem reported Q3 […]

  • 24 October 2019
    Business & Finance, Operations & Maintenance

    TechnipFMC has reported third-quarter 2019 profit of $22 million or 5 cents per diluted share. The services major has seen an 84 percent decrease compared to net profit of $137 million same time last year. The results were affected by after-tax charges and credits totaling $32.6 million of expense, or $0.07 per diluted share. Other […]