Aker Solutions Sees Earnings Fall

Norwegian oil services company Aker Solutions has reported net income of NOK 62 million ($7.3 million), or NOK 0.23 ...

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Siem Offshore Sinks Deeper into Red Despite of Revenue Jump

Siem Offshore has seen its quarterly loss widened, despite revenue rise of over 50 percent, as forex gains and ...

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Polarcus Books Loss, Improves Q-on-Q

Seismic contractor, Polarcus has posted quarterly loss on 26 percent lower revenues when compared to first-quarter ...

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Dril-Quip Earnings Fall

Dril-Quip has reported net income of $94 thousand, or $0.00 per diluted share, for the three months ended March 31, ...

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TechnipFMC Posts $191M Profit

TechnipFMC has reported first-quarter 2017 net income of $190.8 million and diluted earnings per share of $0.41. ...

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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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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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Fugro Cuts Over 3000 Jobs in 2 Years

Fugro has axed over 3000 jobs in the past two years due to continuous downturn in the oil and gas services market. ...

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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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AKVA Group Slips into Red

Norwegian equipment provider for aquaculture industry, AKVA group, has completed fourth quarter in red, ...

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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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Subsea 7 Ups Q3 Result

Oslo-listed Subsea 7 has lifted its profit in the third quarter ended September 30, 2016, on high utilisation of ...

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Polarcus Slips into Red

Seismic contractor, Polarcus has posted quarterly loss as its revenues declined over 50 percent when compared to ...

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Technip Increases Q3 Profit and Full-Year Target

French oil services provider, Technip, has boosted its third quarter 2016 result as it continues its cost reduction ...

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McDermott Ups Profit Despite Revenue Drop

Houston-based McDermott posted quarterly net income of $16.1 million, or $0.06 per fully diluted share, compared to ...

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Oceanteam Back in Black, Looks for Bond Refinancing Solution

Norway-based Oceanteam has posted net profit attributable to owners of the company of close to $100 000 for the ...

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EMGS Cuts Costs to Shrink Loss

Electromagnetic Geoservices (EMGS) has narrowed its loss in the second quarter, ended June 30, 2016, as the company ...

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TGS Books Lower Quarterly Profit, Improves Sequentially

Geophysical contractor TGS has posted second-quarter 2016 net profit of $16.8 million, compared to net profit of ...

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Saipem Cuts Revenue Guidance

Saipem has lowered its full-year revenue estimates by some €500 million, reportedly due to delays in the award of ...

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Technip Swings to Profit Despite Revenue Drop

French oil services provider, Technip, has bounced back in the second quarter 2016 as its cost reduction plan moves ...

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