DOF Subsea Posts Profit Drop

DOF Subsea, a subsidiary of DOF Group, reported profit for the second quarter 2016 (Q2 2016) of NOK 99 million ($12 ...

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Magseis Swings to Loss

Norwegian seabed seismic services player, Magseis, has seen red ink at the end of the second quarter 2016, on 53 ...

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Bourbon Revenues Drop

Bourbon has posted lower adjusted revenues for the quarter ended June 30, 2016 as low oil price environment keeps ...

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Baker Hughes Posts $911 Million Loss in Q2

Baker Hughes has recognized significantly wider quarterly net loss compared to the second quarter 2015 results as ...

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Subsea 7 Boosts Q2 Profit

Oslo-listed Subsea 7 has lifted its profit in the second quarter ended June 30, 2016, on nearly-halved ...

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Halliburton Takes $3.2 Billion Loss in Q2

Oilfield services major Halliburton has seen red in the second quarter, ended June 30, 2016, as it recognized ...

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Helix Posts Q2 Loss, Looks Ahead to Busier Second Half

Offshore services player, Helix Energy Solutions, has seen the weak market pull its second quarter 2016 result ...

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Akastor Sees More Red Ink

Oilfield services investment company, Akastor, has booked a second-quarter 2016 loss as revenue declines in ...

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Aker Solutions Books Lower Profit

Aker Solutions has reported net income of NOK 131 million or NOK 0.37 per share in the second quarter 2016 versus ...

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Ezra Takes Q2 Loss

Ezra Holdings has booked a loss in the second quarter as the weak market drove the revenues down forcing the ...

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SapuraKencana in Profit Slump

Malaysia’s SapuraKencana Petroleum has seen its profits slashed almost 77% in the second quarter ended July ...

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Rem Takes Profit Dive

Norway’s Rem Offshore has posted second-quarter 2015 net profit of NOK 64.3 million ($7.8 million), down from ...

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Solstad in Vessel Lay-Up, 300 Workers Must Go

Oslo-listed Solstad is looking to lay-up additional vessels as it expects a weak market in AHTS and PSV segment, ...

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Siem Offshore Stays Down

Siem Offshore has plunged deeper into the red, following a net loss in the previous quarter, as the challenging OSV ...

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DOF Subsea Hikes Q2 Profit

DOF Subsea has seen its profit rise in the second quarter 2015 despite tough market conditions. Profit for the ...

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McDermott Back in Black as Revenue Grows

Offshore EPCI player, McDermott, has reported second quarter 2015 net income of $11.5 million, or $0.04 per fully ...

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Bourbon Sees Revenue Rise 13 Pct

French vessel owner and provider of marine and subsea services, Bourbon, has seen its half-year revenue rise to a ...

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Red Ink for Polarcus

Seismic contractor, Polarcus, has recorded a net loss fourth quarter in a row on 33% lower revenues from the same ...

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Aker Solutions Posts Profit Drop

Aker Solutions has seen its profit decline in the second quarter on MMO overcapacity, lease costs and lower demand ...

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EMAS in Profit Leap

Singapore-based offshore contractor, EMAS Offshore, has reported net profit of US$9.7 million in the second quarter ...

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McDermott Cuts Losses

McDermott International, Inc. has reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted ...

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