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11 hours ago

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Marine seismic industry in numbers after exploration capex slash

The low oil price has led energy companies to scale back near-term investment plans significantly, a...

11 hours ago

8 days ago

TechnipFMC quarterly earnings dip

TechnipFMC has reported second-quarter 2020 profit of $12 million or 3 cents per diluted share again...

8 days ago

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...

9 days ago

14 days ago

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...

14 days ago

15 days ago

Helix Energy Solutions earnings drop in Q2

Houston-based offshore services and robotics specialist Helix Energy Solutions has reported profit o...

15 days ago

23 days ago

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...

23 days ago

2 months ago

GC Rieber takes impairment dive

GC Rieber Shipping has seen its quarterly loss widened on Subsea & Renewables fleet impairment a...

2 months ago

SeaBird stays in red despite revenue boost

Oslo-listed SeaBird has recognized net loss of $0.3 million for Q1 2020, against net loss of $0.4 mi...

2 months ago

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...

2 months ago

Magseis Fairfield posts quarterly loss

Seabed seismic player Magseis Fairfield has slightly widened its quarterly loss despite major revenu...

2 months ago

3 months ago

Subsea 7 plans cost cuts as loss doubles

A comprehensive cost reduction programme is being developed and will be announced in the second quar...

3 months ago

Seismic industry braces for major revenue drop

Seismic industry will suffer the most as a result of the Covid-19 pandemic and the low oil price. Ac...

3 months ago

4 months ago

Minesto Reports Early Tech Writedowns; But Strong Cash Position

Swedish marine energy developer Minesto has reported net loss for 2019 of close to SEK 126 million (...

4 months ago

OPT Boosts Revenue

Ocean Power Technologies (OPT) has reported revenue for the third quarter of fiscal 2020 of $725,000...

4 months ago

5 months ago

TechnipFMC Books $2.4B Loss

TechnipFMC has reported fourth-quarter 2019 loss of $2.4 billion or $5.40 per diluted share. The ser...

5 months ago

Saipem Reduces Q4 Deficit; Books €12M Profit in 2019

Italian offshore services player Saipem has reported fourth-quarter 2019 loss of €32 million on reve...

5 months ago

Subsea 7 Hit by Offshore Wind

Engineering and construction specialist Subsea 7 has seen red in the fourth quarter 2019 on activity...

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 ...

5 months ago

Reach Subsea Sinks Deeper in Red

Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell again...

5 months ago

DOF Subsea Shrinks Quarterly Loss

DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the fourth quarter of 2019 of N...

5 months ago

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...

6 months ago

PGS Reports Q4 Profit

Petroleum Geo-Services (PGS), has bounced back in black in the fourth quarter ended December 31, 201...

6 months ago

Baker Hughes Ups Q4 Adjusted Earnings, But Misses Forecast

Baker Hughes has reported profit of $48 million or 7 cents per share on GAAP basis for the quarter e...

6 months ago

Schlumberger Posts $10.1Bln Loss in 2019

Schlumberger has booked some $10.1 billion loss for 2019, despite relatively flat revenues, recogniz...

6 months ago

8 months ago

Red Ink for DOF Subsea

DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the third quarter of 2019 of NO...

8 months ago

Mermaid Loss Widens

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, h...

8 months ago

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