Overview page containing news articles

impairments

List of the highlighted articles

Posted: 9 days ago

Subsea 7 sinks to $922 million loss

Subsea 7 has booked a major loss in Q2 2020 on restructuring and impairment charges as well as activ...

Categories:
  • Business & Finance
Posted: 9 days ago
Posted: 5 months ago

Impairments Weigh on Oceaneering’s Results

Oceaneering has reported a net loss of $263 million, or $2.66 per share, for the three months ended ...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 6 months ago

Red Ink for Aker Solutions

Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of N...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 9 months ago

Forum Books $533M Loss

Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per ...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months ago

Schlumberger Takes Major Impairments Hit

Schlumberger has seen red in the third quarter 2019 on major impairments on goodwill and assets. The...

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: about 1 year ago

Subsea Setback for TechnipFMC

TechnipFMC has reported fourth-quarter 2018 loss of $2.26 billion or $5 per diluted share. The UK-ba...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Forum Sinks on Impairments

Forum Energy Technologies recorded loss in the fourth-quarter 2018 of $384 million, or $3.52 per dil...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: over 2 years ago

PGS Sinks Deeper on Impairments

Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended December 31, 2017 of $1...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 3 years ago

Eidesvik Sinks Deeper into Red

Norwegian vessel owner Eidesvik Offshore has posted quarterly loss as it recognised fleet impairment...

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

Offshore Impairments Sink Maersk Group’s Profit

Danish shipping and energy conglomerate Maersk Group reported a loss of USD 1.9 billion in 2016, neg...

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

Impairments Plunge Maersk Supply Service into Red

Offshore marine contractor Maersk Supply Service has recorded a loss (continuing operations) of USD ...

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

Impairments Sink Eidesvik

Norwegian vessel owner, Eidesvik Offshore, has posted quarterly loss as it recognised fleet impairme...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 4 years ago

McDermott Profit Beats Expectations

McDermott reported better-than-expected second-quarter and half-year 2016 earnings results, despite ...

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

Ezra Takes Q2 Loss

Ezra Holdings has booked a loss in the second quarter as the weak market drove the revenues down for...

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

Impairments Sink SapuraKencana

Malaysian oil and gas services provider, SapuraKencana Petroleum, has plunged into loss in the fourt...

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

Impairments Hit Polarcus Result

Seismic contractor, Polarcus has posted quarterly loss as it took high impairment charges and 22 per...

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

Impairments Drag Solstad into Red

Oslo-listed Solstad Offshore, has recorded a loss of NOK 1.34 billion ($155.7 million) for the fourt...

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

Helix Plunges into Red

Offshore services player, Helix Energy Solutions, has plummeted into loss as it books some $503 mill...

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

Nexans Expects EUR 150M Impairments

Nexans will book asset impairments of approximately 150 million euros due to commodities price decli...

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

Schlumberger Sees Red Ink and Axes 10,000 More Jobs

Oilfield services major, Schlumberger, has further reduced its overall workforce by some 10,000 empl...

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

SapuraKencana Takes Profit Hit

Malaysia’s SapuraKencana Petroleum has seen its profits slashed almost 63 per cent in the third quar...

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

TGS to Let Go 130 Workers

Seismic contractor TGS will reduce its global workforce capacity by some 130 people, corresponding t...

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

EMGS Looks for Cash Boost as Red Ink Flows

Norway’s Electromagnetic Geoservices (EMGS) has seen its profit slide into the red in the third quar...

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

Aker Solutions Sees Revenue Slashed by NOK 800 Mln

Aker Solutions has delivered lower third-quarter profit as its revenue dropped some NOK 800 million ...

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

SapuraKencana in Profit Slump

Malaysia’s SapuraKencana Petroleum has seen its profits slashed almost 77% in the second quart...

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

Expro Takes $344.5 Mln Non-Cash Charge in FY15

International oilfield services company, Expro, has posted headline revenue of $1.3bn for the fiscal...

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