Search results for: Q3 2019

235234 results

A list of search results

  • 31 October 2019
    Business & Finance, Equipment, Operations & Maintenance

    Oceaneering has reported a net loss of $25.5 million, or 26 cents per share, for the three months ended September 30, 2019. The result compares with net loss of $66 million same time last year. During the prior quarter ended June 30, 2019, Oceaneering reported a net loss of $35 million, or 36 cents per […]

  • 17 October 2019
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services (PGS), has bounced back in black in the third quarter ended September 30, 2019, as revenues hiked close to 70 per cent from same time last year. The Oslo-listed seismic player reported quarterly profit of $31.5 million, or 9 cents per share on revenues of $276.5 million, against loss of $35.4 million, or […]

  • 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, […]

  • 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 […]

  • 25 October 2019
    Business & Finance, Equipment, Operations & Maintenance

    Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, compared to loss of $3 million, or $3 cents per diluted share, for the prior-year comparable period. Sequentially, Forum widened its loss from $12 cents per diluted share, with revenue decrease of $6 million. For the third […]

  • 5 November 2019
    Business & Finance, Operations & Maintenance

    McDermott has reported quarterly loss of $1.9 billion, or $10.37 per diluted share, compared to profit of $2 million, or 1 cent per diluted share in the third quarter of 2018. According to the the company, the result was due primarily to $1.5 billion goodwill and intangible assets impairments and $256 million of changes in […]

  • 22 October 2019
    Business & Finance, Operations & Maintenance

    Helix Energy Solutions has reported net income of $31.6 million, or 21 cents per diluted share, for the third quarter of 2019 compared to $27.1 million or 18 cents for the same period in 2018. Sequentially, profit almost doubled from $16.8 million of 11 cents per diluted share. Third quarter revenues were in line with […]

  • 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 […]

  • 18 November 2019
    Business & Finance

    Sovcomflot closed Q3 2019 with a significant increase in net profit year over year.

  • 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 […]

  • 30 October 2019
    Business & Finance, Equipment, Operations & Maintenance

    Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019. The result compares with $13 million profit in Q3 2018, and $9 million loss sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $114 million, up 46% from same time last […]

  • 30 October 2019
    Business & Finance

    Ocean schedule reliability for third quarter was 75.7%, slightly higher than in the second quarter of 2019.

  • 15 November 2019
    Business & Finance

    Yang Ming plunged deeper into the red in Q3 2019 after returning several high-cost chartered vessels.

  • 28 November 2019
    Business & Finance, Operations & Maintenance

    DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the third quarter of 2019 of NOK 1.09 billion ($119 million), compared to loss of NOK 98 million ($10.7 million) in the corresponding period in 2018. Year-to-date result for 2019 came out negative, with loss of NOK 1.1 billion ($120 million), against loss of […]

  • 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 […]

  • 5 April 2019
    Infrastructure

    Australian oil and gas company Karoon has yet to find a farm-in partner for its Neon oil field offshore Brazil and is in talks with potential FPSO suppliers. The company might drill another well to derisk the development further.

  • 8 November 2019

    The global oil and gas industry has seen a substantial boost from contract activity in the Middle East resulting in contract value of $44.4 billion in Q3 2019, according to data and analytics company GlobalData.

  • 30 July 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Oslo-listed seismic player SeaBird said it will experience delays on two surveys previously secured in West Africa and the Americas. Namely, the 3D survey in West Africa was initially expected to be completed early in Q3 2019 utilizing the Nordic Explorer and is now estimated to be completed in the latter part of Q3. The […]

  • 1 October 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Benthic, part of Acteon, has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique. Golfinho will be developed as a subsea system tied back to an onshore liquefied natural gas facility. For the first time in its history, Benthic will utilize two portable […]

  • 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 […]

  • 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

    Oslo-listed SeaBird said it will focus on a more asset-light and flexible business model after recognizing a continuous widened quarterly loss. For the period ended September 30, 2019, seismic player booked loss of around $5.1 million, compared to loss of $4.6 million in the corresponding period in 2018. SeaBird generated Q3-2019 revenues of $16 million, […]