Subsea 7 Eyes Fleet Reduction

Jean Cahuzac, Subsea 7 Chief Executive Officer

Oslo-listed Subsea 7 is considering a potential downsize of its fleet as it looks to cut down costs amid offshore ...

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Aquamarine to Scale Down

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Wave energy company Aquamarine Power has announced plans to downsize its business. Commenting on the news, ...

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Schlumberger Slashes Seismic Fleet to Lower Costs

Schlumberger Slashes Seismic Fleet to Lower Costs

Oilfield services major, Schlumberger, has announced plans to reduce the WesternGeco marine seismic fleet to lower ...

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CGG to Downsize Its Fleet

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CGG has announced its non-audited 2014 second quarter results. Reported revenue was at $689 million, compared to ...

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