Helix Narrows Q1 Loss

Offshore services player Helix Energy Solutions has seen red in the first quarter of 2017, but managed to improve ...

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Schlumberger Sees Q1 EPS Halved, But Revenue Growth of 6 Pct

Oilfield services major Schlumberger has posted first-quarter 2017 profit of $279 million, or 20 cents per diluted ...

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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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Dril-Quip Axes Jobs as Profits Dip

Dril-Quip has generated net income of $1.3 million, or $0.03 per diluted share, for the three months ended December ...

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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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McDermott Narrows Q4 Loss and Delivers Profit in 2016

Houston-based McDermott posted quarterly net loss of $0.5 million, or $0.00 per fully diluted share, compared to ...

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Polarcus Shrinks Quarterly Deficit, Ends 2016 in Black

Seismic contractor Polarcus has posted quarterly loss on non-cash charges and revenues drop of some 35 percent when ...

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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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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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Renewables Push Briggs Marine’s Revenue

Briggs Marine’s accounts for the year ending March 2016 at Companies House, has shown an annual increase in ...

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ESS Enjoys Early Renewables Shift

Subsea and engineering technology company, Ecosse Subsea Systems (ESS), said it had benefited as an ‘early adopter’ ...

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Osbit Sees Rise in Revenue

The Northumberland-based offshore engineering and technology company, Osbit, has reported an increase in turnover ...

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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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