List of the highlighted articles
Mermaid books $84 million loss in Q3
Subsea services provider Mermaid has reported net loss of $84.1 million for the three-month period e...
Subsea 7 drops to loss against a backdrop of sluggish activity
Subsea 7 slipped into the red in the third quarter 2020 on decline in activity in the sector and cos...
DOF Subsea cuts third quarter loss
DOF Subsea has reported NOK 133 million loss in the third quarter of 2020, against NOK 1.1 billion i...
CGG narrows loss despite revenues drop
French seismic player CGG has narrowed its quarterly loss despite revenues falling some 26 per cent ...
Seismic drags GC Rieber into the red
Norwegian shipowner GC Rieber Shipping has slipped into the red in the third quarter of 2020 on its ...
Oceaneering loss widens on impairment
Oceaneering has reported a net loss of $79.4 million on revenue of $440 million for the third quarte...
TGS drops to quarterly loss
TGS has seen red numbers in the third-quarter 2020 with revenues down some 64 per cent amid challeng...
Red numbers for PGS
PGS has seen red in the third quarter of 2020 as revenues fell close to 70 per cent. The Oslo-listed...
TechnipFMC Q3 loss narrows
UK-based TechnipFMC has reported third-quarter 2020 loss of $3.9 million or 1 cent per diluted share...
Third loss in a row for Baker Hughes
Oilfield services major Baker Hughes has booked $170 million loss in the third quarter of 2020, agai...
Atlantis slashes losses; Meygen clocks in 33GWh
UK-based Simec Atlantis Energy has seen its loss cut almost by half for the six months ended 30 June...
Faccin Wind Towers Division: a reliable partner for your wind energy project
Faccin Group created a Wind Towers Division within the company. Why? Eng. Andrea Comparin: “Ac...
Maritime Insurance Market Update, Q3 2020
‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep ri...
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...
Charges and revenue drop drag Schlumberger into the red
Oilfield services major Schlumberger recognised a $3.34 billion loss in the second quarter on $3.7 b...
More red ink for PGS
PGS has seen its Q2 2020 loss widened, as revenues fell more than 50 percent. The Oslo-listed seismi...
It’s all about power flow
Integration of renewable energies on a ship – and in other island networks Interview with Jero...
Red quarter for Polarcus as revenues sink
Marine seismic player Polarcus has slipped deeper into the red in Q2 2020 as revenues dropped close ...
Aker Solutions remains positive despite loss
Aker Solutions has seen red in the second-quarter 2020, as revenue dropped some 29 per cent and rest...
TGS sinks on bottom line, cuts costs and investing
TGS saw profits slashed in the third quarter due to lower revenue amid challenging seismic market co...
“ETICA IP” ROV & USV a staunch green ally for the blue economy indystry & ocean sustainability
By Ioana Laura Grigore. Our concept of blue economy & ocean sustainability in offshore industry ...
OPT Boosts Revenue
Ocean Power Technologies (OPT) has reported revenue for the third quarter of fiscal 2020 of $725,000...
More Red Ink for SeaBird
Oslo-listed SeaBird has recognized net loss from continuing operations of $11.8 million for Q4 2019,...
TechnipFMC Books $2.4B Loss
TechnipFMC has reported fourth-quarter 2019 loss of $2.4 billion or $5.40 per diluted share. The ser...
Subsea 7 Hit by Offshore Wind
Engineering and construction specialist Subsea 7 has seen red in the fourth quarter 2019 on activity...
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 ...
Reach Subsea Sinks Deeper in Red
Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell again...
DOF Subsea Shrinks Quarterly Loss
DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the fourth quarter of 2019 of N...
Red Ink for Aker Solutions
Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of N...