Saipem Keeps 2017 Guidance Despite Q1 Profit Drop

Italian oilfield services player has reported net profit of €47 million for the three months ended March 31, 2017, ...

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Deep Down Eyes New Markets

Deep Down, an oilfield services company, reported net income of approximately $0.2 million, or $0.01 per diluted ...

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Subsea 7 Books $418 Million Profit in 2016

Oslo-listed Subsea 7 has substantially narrowed its loss, compared to the prior-year quarter, and bounced back in ...

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Eidesvik Sinks Deeper into Red

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

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Oceanteam Cuts Loss

Oslo-listed Oceanteam has booked net loss of some $3 million for the forth quarter of 2016. This result compares ...

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Wood Group Takes Profit Dive

Oilfield services player Wood Group has seen its profit in 2016 chopped by some 62 percent against prior comparable ...

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Helix Reduces Losses Despite Revenue Drop

Offshore services player Helix Energy Solutions has seen red in the fourth quarter of 2016 on impairment charges ...

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DOF Subsea Swings to Quarterly Loss

DOF Subsea, a subsidiary of DOF Group, reported net loss in the fourth-quarter 2016 (Q4 2016) of NOK 430 million ...

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Forum Trims Loss

Forum Energy Technologies recorded net loss in the fourth quarter of $13 million, or $0.14 per diluted share, ...

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Loss Widens for Aker Solutions

Norwegian oil services company Aker Solutions has reported net loss of NOK 268 million, or NOK 1.07 in the ...

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Oceaneering Posts Q4 Loss; Sees 90% Lower Full-Year Profit

Subsea engineering specialist Oceaneering has reported a net loss of $11.0 million, or $(0.11) per share, on ...

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Impairments Plunge Maersk Supply Service into Red

Offshore marine contractor Maersk Supply Service has recorded a loss (continuing operations) of USD 1.2 billion in ...

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NOV Reports Q4 Loss

National Oilwell Varco has reported a fourth quarter 2016 net loss of $714 million, or $1.90 per share. Excluding ...

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TGS Returns to Profit

Geophysical contractor TGS has posted fourth-quarter 2016 net profit of $24 million, compared to net loss of $121.5 ...

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SapuraKencana Books Higher Profit

SapuraKencana Petroleum has seen its profits increase some 22 percent in the third quarter ended October 31, 2016, ...

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DOF Subsea Back in Black

DOF Subsea, a subsidiary of DOF Group, reported profit for the third quarter 2016 (Q3 2016) of NOK 170 million ($20 ...

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Impairments Sink Eidesvik

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

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Deep Down Swings to Profit

Deep Down, an oilfield services company, reported net income of approximately $1.0 million, or $0.06 per diluted ...

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Oceanteam Narrows Loss

Oslo-listed Oceanteam has booked net loss of some $600K for the third quarter ended September 30, 2016. This result ...

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Aker Solutions Books Lower Quarterly Profit

Aker Solutions has reported a net income of NOK 169 million, or NOK 0.37 in the third quarter 2016 versus net ...

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Forum Swings to Quarterly Loss

Forum Energy Technologies, Houston-based oilfield products company, recorded net loss in the third quarter of $18 ...

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