PGS in Q1 Profit Warning

Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 ...

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Magseis Hikes Revenues

Norwegian seabed seismic services player, Magseis, has bounced back in black at the end of the fourth quarter ...

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Saipem Sinks to €2.1 Bln Loss

Saipem has plunged deeper into the red as longer-than-expected market recovery led to massive writedowns and ...

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Red Ink for SeaBird

Oslo-listed SeaBird has seen more red ink in the fourth-quarter 2016, on sharp revenue drop due to lower ...

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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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PGS Narrows Loss

Norwegian seismic player, Petroleum Geo-Services (PGS), reported a net loss for the fourth quarter of 2016 of ...

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Bourbon Continues Stacking Vessels as Weak Market Stings

Bourbon has posted lower adjusted revenues for the quarter ended December 31, 2016 as utilization and daily rates ...

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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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Kongsberg Maritime Revenues Fall on Weak Offshore Market

Kongsberg Maritime has generated Q4 revenues of NOK 2.06 billion ($247 million), down from NOK 2.7 billion ($323.5 ...

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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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Schlumberger Posts Loss

Oilfield services major Schlumberger has posted fourth-quarter 2016 net loss of $204 million, versus a loss of ...

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TGS Estimates Q4 Revenues Boost

Geophysical contractor TGS said it expects net revenues for the fourth quarter of 2016 to be approximately USD 165 ...

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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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Magseis Sees Deficit Grow

Norwegian seabed seismic services player, Magseis, has seen red ink at the end of the third quarter 2016 as it ...

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EMGS Cuts Loss by Over 50%

Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 4.5 million in the third quarter 2016, down from ...

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Helix Ups Q3 Profit by 16 Pct

Offshore services player Helix Energy Solutions has posted improved results in the third quarter of 2016, backed by ...

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TGS Expects Revenues of $113M in Q3

Geophysical contractor TGS said that, based on preliminary reports, it estimates net revenues for the third quarter ...

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More Red Ink for Bourbon

Bourbon has seen its loss widened in the first half of 2016 as revenue fell on lower utilization and daily rates ...

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Olympic Ship Writes Down Fleet Value

Norwegian provider of subsea and offshore construction vessels, Olympic Ship, has seen red at the end of second ...

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Kongsberg Maritime Slips on Offshore Division Slowdown

Kongsberg Maritime (KM) has reported operating revenues for the second quarter 2016 of NOK 2.36 billion ($287 ...

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