Eidesvik Cuts Losses; Ends 2017 in Black

Norwegian vessel owner Eidesvik Offshore has posted quarterly loss of NOK 221 million (approximately $28 million) ...

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Mermaid Full-Year Earnings Plunge

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

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Polarcus Reduces Quarterly Deficit

Polarcus has narrowed its quarterly loss when compared to fourth-quarter 2016, despite lower revenues and ...

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More Red Ink for Reach Subsea

Reach Subsea has seen quarterly loss widened for the period ended December 31, 2017, explained by lower equipment ...

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Oceanteam Ends 2017 in Profit; Axes CSV Tampamachoco Charter

Oslo-listed Oceanteam has booked net profit of $11.7 million for the year 2017, against $22.3 million loss in 2016. ...

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DOF Subsea Narrows Q4 Loss, Ends 2017 in Red

DOF Subsea, a subsidiary of DOF Group, reported loss in the fourth quarter of 2017 of NOK 375 million ($47.6 ...

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Fugro Cuts Losses

Dutch subsea and survey specialist Fugro has posted net loss of €160 million for the year 2017, against net loss of ...

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TechnipFMC Swings to Loss Despite Subsea Order Boost

TechnipFMC has reported fourth-quarter 2017 net loss of $154 million or 33 cents per diluted share. One of the ...

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PGS Sinks Deeper on Impairments

Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended December 31, 2017 of $195 million ...

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McDermott Raises Earnings Expectations

Houston-based McDermott has again increased its full-year 2017 earnings expectations ahead of last year’s ...

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Subsea Setback for Baker Hughes in Q4

Baker Hughes has recognized ‘post GE Oil & Gas merger’ net loss for the quarter ended December 31, 2017 of $29 ...

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DOF Subsea Sees Earnings Drop

DOF Subsea, a subsidiary of DOF Group, reported profit in the third-quarter 2017 of NOK 138 million (close to $17 ...

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Deep Down Swings to Loss

Deep Down, an oilfield services company, has reported a net loss of $0.7 million, or ($0.05) loss per diluted share ...

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Mermaid Slips into Red

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

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CGG Books $124M Loss

French seismic contractor CGG has reported net loss of $124 million for the quarter ended September 30, 2017, ...

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SeaBird Ends Q3 with 87% Revenue Drop

Oslo-listed SeaBird has seen its loss widened in the quarter ended September 30, 2017 as revenues fell some 87 ...

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Subsea 7 Nets $38 Million Less in Q3 2017

Oslo-listed Subsea 7 has booked 23 per cent lower profit for the quarter ended September 30, 2017 despite revenue ...

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Magseis Delivers Best Quarter Ever

Norwegian seabed seismic services player Magseis has bounced back in black in the third quarter of 2017 as revenue ...

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EMGS Narrows Q3 Loss on Revenue Boost

Norwegian geophysical services company EMGS posted loss for the third-quarter 2017 of $1.6 million, improving from ...

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Dril-Quip Posts Q3 Loss

Dril-Quip has reported net loss of $29.3 million, or $0.78 per diluted share, for the three months ended September ...

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Forum Chops Loss and Ups Revenue Despite Harvey Impact

Forum Energy Technologies recorded net loss in the third-quarter 2017 of $15 million, or 15 cents per diluted ...

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