Search results for: Q4 2019

234983 results

A list of search results

  • 27 February 2020
    Business & Finance

    TechnipFMC has reported fourth-quarter 2019 loss of $2.4 billion or $5.40 per diluted share. The services major has seen the results affected by after-tax charges and credits totaling $2.43 billion of expense, or $5.43 per diluted share. TechnipFMC warned the market on impairment impact prior to releasing its earnings results. Impairment and other charges were […]

  • 28 February 2020
    Business & Finance

    Oslo-listed SeaBird has recognized net loss from continuing operations of $11.8 million for Q4 2019, against net loss of $3.7 million in the same period in 2018. The seismic data provider for oil and gas companies said its profitability in the quarter was negatively affected by restructuring charges of $1.2 million, decommissioning and impairment cost […]

  • 6 February 2020
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian geophysical services company EMGS has returned to profit as revenues hiked close to 180 percent for the period ended December 31, 2019. The Oslo-listed company reported profit for Q4 2019 of $18 million or 14 cents per share, versus loss of $7 million in Q4 2018. Revenues for the quarter rose at $37.2 million […]

  • 30 January 2020
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services (PGS), has bounced back in black in the fourth quarter ended December 31, 2019, as revenues hiked some 23 per cent from same time last year. The Oslo-listed seismic player reported quarterly profit of $10.7 million, or 3 cents per share on revenues of close to $333 million, against loss of $23.5 million, […]

  • 26 February 2020
    Business & Finance

    Italian offshore services player Saipem has reported fourth-quarter 2019 loss of €32 million on revenues of €2.35 billion. This result compares to net loss of €115 million on revenues of €2.47 billion in the prior-year comparable period. Adjusted result was net profit of €74 million, against €8 million profit in Q4 2018. Saipem reported Q4 […]

  • 21 February 2020
    Business & Finance, Operations & Maintenance

    DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the fourth quarter of 2019 of NOK 30 million ($3.2 million), compared to loss of NOK 458 million ($49.1 million) in the corresponding period in 2018. Full-year result for 2019 came out negative, with loss of NOK 1.13 billion ($121.4 million), against loss of […]

  • 6 January 2020

    Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization during the fourth quarter of 2019. The vessel activity also decreased on a full year basis from 87 percent in 2018 to 79 percent in 2019. Quarterly vessel utilization was at 71 percent compared to 96 percent in the fourth quarter of […]

  • 29 January 2020
    Business & Finance

    Performance Shipping reported revenue growth in Q4 2019, which was mainly driven by tanker earnings.

  • 25 February 2020
    Business & Finance, Equipment

    Oceaneering has reported a net loss of $263 million, or $2.66 per share, for the three months ended December 31, 2019, despite revenue rise. The result compares with net loss of $64 million same time last year. During the prior quarter ended September 30, 2019, Oceaneering reported a net loss of close to $26 million, […]

  • 31 January 2020
    Business & Finance

    Saudi Arabian company Bahri wrapped up Q4 2019 with a 172.48 percent net profit surge.

  • 25 February 2020
    Business & Finance, Operations & Maintenance

    Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell against prior-year comparable period. For the fourth quarter 2019, Reach booked loss of close to NOK 25 million on revenues of NOK 107 million, versus loss of NOK 6 million, on revenues of NOK 190 million in the year-ago quarter. To […]

  • 22 January 2020
    Business & Finance, Equipment

    Baker Hughes has reported profit of $48 million or 7 cents per share on GAAP basis for the quarter ended December 31, 2019. The result compares with $131 million profit in Q4 2018, and $57 million profit sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $179 million, up 49% from same time last […]

  • 7 February 2020
    Business & Finance, Operations & Maintenance, Project & Tenders

    Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of NOK 178 million in the prior-year comparable period. The result was impacted by restructuring and impairment costs as well as ‘very competitive market’ and contracts taking longer to be awarded. Loss per share was NOK 0.58. Excluding special items, […]

  • 26 February 2020
    Business & Finance

    Flex LNG announced its best-ever financial results with a net income of around USD 24 million for Q4 2019.

  • 26 February 2020
    Business & Finance

    Engineering and construction specialist Subsea 7 has seen red in the fourth quarter 2019 on activity drop in renewables and heavy lift division. The Oslo-listed firm posted quarterly loss of $129 million, or $45 cents per diluted share, on revenue of $889 million, versus profit of $32 million, or $12 cents per diluted share on […]

  • 17 March 2020
    Business & Finance

     Anders Onarheim will continue as CEO of the LPG shipping company BW LPG.

  • 17 March 2020
    Business & Finance

    Stolt-Nielsen BoD voted to withdraw the recommendation of a final dividend for 2019.

  • 30 January 2020
    Business & Finance

    Stolt-Nielsen Limited expects a gradual upturn in the chemical tanker market as the year unfolds.

  • 1 November 2018
    Operations & Maintenance, Project & Tenders

    Polarcus has received an award for a 3D marine seismic acquisition project in West Africa. The award comprises two surveys of approximately three months each, the company informed. The first survey is expected to begin in Q2 2019 and the second survey in Q4 2019. Polarcus did not reveal the name of the client nor […]

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

    Oslo-listed Polarcus has been awarded a 4D marine seismic acquisition project offshore West Africa. The project is scheduled to start in Q4 2019, following a scheduled class docking. The acquisition is estimated to last approximately two months. The client and financial details have not been disclosed.  

  • 12 May 2020
    Business & Finance

    Seabed seismic player Magseis Fairfield has slightly widened its quarterly loss despite major revenue drop against the prior-year quarter. The Oslo-listed company generated Q1 2020 revenue of $53 million, down from $120 million same time last year. Revenue was also down from Q4 2019 revenue of $ 74 million. The decline from the previous quarter […]

  • 17 October 2019
    Operations & Maintenance, Project & Tenders

    Polarcus has secured high industry prefunding for a multi-client project in Australia. The project has an approximate duration of one month, the company informed. The project will start in Q1 2020 immediately following completion of another XArray project in Australia. The previous Australian project, announced on October 01, 2019, has a duration of two months […]