Search results for: offshore revenues

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  • 15 November 2012

    SBM Offshore announced consolidated revenues up almost 13% for the nine months to 30 September. Since the start of the third quarter, the Company secured financing for two large scale FPSOs for a total of over US$ 1.5 billion. The Company also announced the sale of GustoMSC, a non-core design and engineering subsidiary, as well […]

  • 9 November 2017
    Business & Finance, Exploration & Production

    Songa Offshore’s revenues dropped due to lack of contribution from two stacked rigs. 

  • 29 May 2017
    Business & Finance

    Norwegian shipping company Island Offshore posted a loss for the first quarter of the year and reduced revenues which were impacted by vessel lay-up.  In its first quarter 2017 report on Monday, Island Offshore posted fleet revenues of NOK 259 million for 1Q 2017, down from NOK 363 million in 4Q 2016, and lower than […]

  • 11 November 2015

    SBM Offshore, a Dutch provider of floaters for the offshore oil and gas industry, has reported a fall in its directional revenue. In its third quarter 2015 update, the company said that year-to-date directional revenue came in lower at $2.1 billion versus $2.5 billion in the year-ago period. This was driven by a decrease in […]

  • 21 March 2013
    Authorities & Government

    Senator Lisa Murkowski introduced major bipartisan legislation with Senator Mary Landrieu (D-LA) to ensure that all states receive a fair and equitable share of the revenues from energy production on federal lands and waters. The Fixing America’s Inequities with Revenues (FAIR) Actwould give 27.5 percent of revenue from offshore energy development, including oil, gas, wind […]

  • 16 March 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    The Canadian province of Nova Scotia has announced investments in research related to oceans and clean technologies which was made possible by the funding generated from offshore revenues.

  • 14 February 2012
    Business & Finance

    BW Offshore, the world’s second largest Floating Production Storage and Offloading (FPSO) owner and operator, reports an EBITDA of USD 72.8 million in the fourth quarter of 2011 compared to USD 76.7 million in the previous quarter. The decrease resulted mainly from the lower revenues from the OSX project as the project is completed. BW […]

  • 24 July 2013
    Business & Finance

    The U.S. Senate Energy and Natural Resources Committee heard testimony on bipartisan legislation by Sens. Lisa Murkowski (R-Alaska) and Mary Landrieu (D-La.) that would expand the federal revenue sharing program to ensure all energy producing states receive a fair share of the revenues they help generate. The Fixing America’s Inequities with Revenues (FAIR) Act (S.1273) […]

  • 21 March 2013

    Senator Lisa Murkowski introduced major bipartisan legislation today with Senator Mary Landrieu (D-LA) to ensure that all states receive a fair and equitable share of the revenues from energy production on federal lands and waters. The Fixing America’s Inequities with Revenues (FAIR) Actwould give 27.5 percent of revenue from offshore energy development, including oil, gas, […]

  • 10 November 2017
    Business & Finance

    Senvion posted an increase in revenues at its offshore segment for the first nine months of 2017, however, the third quarter itself saw a decline compared to Q3 2016. The offshore revenues are driven by the completion of wind turbine installation at Nordsee One, which especially reflected on the results for the first half of the year and only to some extent on those for the third quarter.

  • 26 February 2016
    Exploration & Production, Project & Tenders

    Songa Offshore, an international midwater drilling contractor, has returned to profit and doubled its revenues in the fourth quarter of 2015 when compared to the same period the year before.  The drilling contractor came back from a loss of $51 million in the 4Q 2014 to a $34 million profit in the fourth quarter of […]

  • 5 November 2015

    U.S. offshore drilling contractor Hercules Offshore has reported a deeper net loss and lower revenues for the third quarter of 2015 compared to those posted same time last year.  The offshore drilling contractor posted on Thursday a net loss of $95.4 million, compared to a net loss of $88.6 million in the corresponding period last year. Hercules’ […]

  • 11 January 2016

    Singapore’s offshore services provider Emas Offshore has reported a net loss of $3.2 million for the three months ended November 30 2015, (“1QFY2016”). Emas Offshore’s revenue for the quarter was $49.8 million. The company said the result was a consequence of the challenging operating conditions underpinned by a volatile oil price environment, leading to softer demand for its offshore support vesels. During […]

  • 8 April 2015
    Business & Finance, Operations & Maintenance

    Singapore-listed offshore O&G contractor, Ezra, saw its second quarter 2015 (2Q2015) profit after tax (PAT) drop 79% from $22.1 million in the corresponding period of 2014 to $4.7 million, after three months ended February 28, 2015. Revenue for the quarter increased slightly (1%) to $302 million, compared to $300.4 million in 2Q2014. However, for the six months […]

  • 31 October 2013

    Technip said its revenue in the third quarter of 2013 rose 15.6% to €2.4 billion, compared to the same period a year ago. THIRD QUARTER 2013 RESULTS Order intake of €3.1 billion Backlog increased to €15.9 billion, of which €8.0 billion in Subsea Revenue of €2.4 billion Operating margin1 of 9.2% Net income of €150 million FULL YEAR […]

  • 6 May 2015
    Business & Finance

    In the first quarter of 2015, Vestas generated revenue of EUR 1,519m – an increase of 18 percent compared to the year-earlier period.  At the end of March 2015, Vestas had service agreements with contractual future revenue of EUR 7.5bn – an increase of 9 percent compared to the end of March 2014. Service revenue […]

  • 26 July 2018
    Business & Finance

    Oilfield services provider TechnipFMC recorded a decrease in both profit and revenues during the second quarter of 2018 compared to the last year’s quarter while at the same time recording the largest quarterly inbound to date for the company.  TechnipFMC informed on Wednesday that the total company net income was $105.7 million in 2Q 2018, a decrease […]

  • 2 August 2018

    Gulf of Mexico operator W&T Offshore has said its 2Q 2018 production came at the mid-range of guidance, impacted by well maintenance, weather, pipeline outages, and platform maintenance.

  • 30 October 2015
    Business & Finance

    Fugro’s Q3 results have shown that the offshore wind industry has provided a steady business area for the company under continuing challenging market conditions in the oil and gas industry.  The company’s offshore revenue dropped 18.2% to EUR 83.9 million related to the overall lack of deepwater projects. However, the margin was significantly higher compared to […]

  • 7 August 2018

    LNG engineer TechnipFMC reported an increase in profit for the first six months of the year reaching $189.1 million, 26 percent up from $150.1 million in the corresponding period in 2017. 

  • 9 August 2019

    LNG engineer TechnipFMC reported an increase in half-year revenue as its project activity picked up. 

  • 24 February 2017
    Business & Finance

    Fugro today reported a net loss of EUR 309 million and 1,430 jobs lost in 2016, due to low activity in the oil and gas sector. The company’s revenue amounted to EUR 1.8 billion, a 22.7% decline from the EUR 2.4 billion reported for 2015. However, offshore wind has brought several projects to the company last year.