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cost cuts

List of the highlighted articles

Posted: 3 months ago

COVID-19 forces AGS to tighten its belt

Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Monday that it will reduce operat...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 5 months ago

PGS wields costs axe as market bites

PGS said it will implement further cost reductions as seismic industry takes major hit on Covid-19 a...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: over 3 years ago

Woodmac sees signs of improvement in deepwater sector

Deepwater oil and gas industry, generally considered an expensive investment, has managed to cut its...

Posted: over 3 years ago
Posted: over 4 years ago

MultiClient Geophysical’s Employees Take Pay Cut

Oslo-listed MultiClient Geophysical (MCG) said it has reduced employee compensation by close to 30% ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Polarcus Trims More Staff

Polarcus has announced additional headcount reductions and changes to the executive management team ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 5 years ago

Bourbon to Stack Up to 35 Vessels as Loss Widens

French vessel owner and provider of marine and subsea services, Bourbon, will pull out up to 35 supp...

Categories:
  • Business & Finance
Posted: over 5 years ago
Posted: over 5 years ago

SeaBird Back in Black

Oslo-listed SeaBird, a seismic data provider for oil and gas companies, has bounced back following t...

Categories:
  • Business & Finance
Posted: over 5 years ago
Posted: over 5 years ago

Dolphin Plans Cuts as Profit Slips

Norway’s Dolphin Geophysical has seen profit dip in the quarter as its 2D seismic division puts pres...

Categories:
  • Business & Finance
Posted: over 5 years ago
Posted: over 5 years ago

PGS Down in Q1, Cold-Stacks Two Vessels

Oslo-listed seismic player Petroleum Geo-Services (PGS) has booked a net loss of $19.5 million for t...

Categories:
  • Business & Finance
Posted: over 5 years ago
Posted: over 6 years ago

PGS Faces Fleet and Cost Cuts

Petroleum Geo-Services ASA has announced today that it has implemented further steps to streamline o...

Categories:
  • Business & Finance
Posted: over 6 years ago