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The energy transition is one of the greatest challenges of our time.

Red Ink for Aker Solutions

Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of NOK 178 million ...

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PGS Reports Q4 Profit

Petroleum Geo-Services (PGS), has bounced back in black in the fourth quarter ended December 31, 2019, as revenues ...

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EMGS Cuts Losses

Norwegian geophysical services company EMGS has halved its quarterly loss as revenues more than doubled for the ...

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Subsea 7 Stays in Red

Engineering and construction specialist Subsea 7 has seen recognised loss in the quarter ended March 31, 2019 on ...

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BHGE Reports $32M Profit

Baker Hughes, a GE company, (BHGE) has reported profit of $32 million or 6 cents per diluted share on GAAP basis ...

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McDermott Sinks on Restructuring Costs

Houston-based McDermott has reported quarterly loss of $70 million, or 39 cents per diluted share, compared to ...

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Polarcus Slips into the Red Despite Strong Q1 Revenue Gains

Seismic player Polarcus has booked quarterly loss when compared to first-quarter 2018, despite major revenue boost ...

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TechnipFMC Earnings Drop, Orders Jump

TechnipFMC has reported first-quarter 2019 profit of $20.9 million or 5 cents per diluted share. The services major ...

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Red Ink for Forum

Forum Energy Technologies recorded loss in the first-quarter 2019 of $8 million, or 7 cents per diluted share, ...

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PGS Q1 Loss Widens

Petroleum Geo-Services (PGS), reported loss for the first quarter ended March 31, 2019 of $65 million versus loss ...

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Schlumberger Profit Slips 20 Percent

Schlumberger has seen its quarterly profit fall some 20 per cent against last year’s Q1 result despite relatively ...

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Saipem Swings to Profit

Italian oilfield services player Saipem has reported first-quarter 2019 profit of €21 million ($23.6 million), on ...

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Mermaid Slips to Loss

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net ...

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Saipem Beats Guidance But Sinks Deeper on Writedowns

Italian oilfield services player Saipem has reported loss in 2018 of €472 million ($538 million), on revenues of ...

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Subsea 7 Takes Profit Hit

Engineering and construction specialist Subsea 7 has seen profit cut by some 37 percent in the quarter ended ...

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McDermott Slumps to Loss

Houston-based McDermott has reported quarterly loss of $2.8 billion, or $15.33 per diluted share, compared to $26 ...

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Subsea Setback for TechnipFMC

TechnipFMC has reported fourth-quarter 2018 loss of $2.26 billion or $5 per diluted share. The UK-based energy ...

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Reach Subsea Narrows Losses

Reach Subsea has reduced its quarterly deficit for the period ended December 31, 2018, as revenues hiked some 70 ...

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Helix Books Quarterly Loss

Helix Energy Solutions reported a net loss of $13.7 million, or 9 cents per diluted share, for the fourth quarter ...

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GC Rieber Swings to Profit

Norwegian offshore vessels provider GC Rieber Shipping has reported profit of NOK 269 million for the forth quarter ...

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Oceaneering Sinks to Loss

Oceaneering has reported a net loss of $64.1 million, or 65 cents per share, for the three months ended December ...

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