CGG to Cut More as Loss Widens

CGG to Cut More as Loss Widens

French seismic contractor CGG announced additional cost reduction plans and further downsizing of its fleet as it ...

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Technip Takes Profit Dive

Technip Takes Profit Dive

French oil services provider, Technip, has recorded net income drop of 40% in the fourth quarter after adjusted ...

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Reach Subsea Nets NOK 24.8 Mln in 2014

Reach Subsea Nets NOK 24.8 Mln in 2014

Oslo-listed subsea operator, Reach Subsea, generated revenue for the fourth quarter 4Q2014 of NOK 84.3 million, ...

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Wood Group Sees Higher Profits

Wood Group Sees Higher Profits

Aberdeen-based Wood Group has recorded a profit rise led by performance in Wood Group PSN Production Services. Wood ...

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Helix Full-Year Earnings Rise

Helix Full Year Earnings Rise

Houston-based well intervention and robotics specialist, Helix Energy, reported net income of $8.0 million, or ...

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Forum Earns More

Forum Earns More

Forum Energy Technologies has delivered fourth quarter 2014 revenue of $439 million, an increase of $45 million or ...

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Oceaneering Ups Profits

Oceaneering Ups Profits

Subsea engineering specialist, Oceaneering, has reported increased earnings for the fourth quarter of 2014, driven ...

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Kvaerner Posts Loss

Kvaerner Posts Loss

Kvaerner, an engineering, procurement and construction (EPC) contractor, has reported operating revenues in fourth ...

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FMC Down in Q4, Up in Full Year

John Gremp

Houston-based, FMC Technologies, has recorded net income for the fourth quarter of $168.6 million or $0.72 per ...

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Cameron Sees Profits Rise

Cameron Sees Profits Rise

Cameron has delivered a record-level of fully diluted quarterly earnings per share from continuing operations, ...

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Boskalis Lifts Outlook

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Boskalis is raising its full-year net profit outlook to EUR 450 million. At the publication of the first-half ...

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Highlights of the Week

Top-News-of-the-Week-of-Sep-08-–-Sep-14-2014

Subsea World News has put together a recap of the most interesting articles from the previous week (October 20 – ...

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Forum Sees Profit Rise

Forum Sees Profit Rise

Forum Energy Technologies has delivered third quarter 2014 revenue of $469 million compared to $390 million for the ...

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Halliburton Nets $1.2 Bln in Q3

Halliburton-Completes-Acquisition-of-Multi-Chem-Group-USA

Halliburton has recorded $1.2 billion in net earnings or $1.41 net income per share. This compares to income from ...

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Chevron Makes $5.7 Bln in Q2

Chevron-Announces-39.8-Bln-Capital-and-Exploratory-Budget-for-2014

Chevron Corporation has reported earnings of $5.7 billion ($2.98 per share – diluted) for second quarter 2014, ...

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Dril-Quip Sees Profit Rise in 1H 2014

Dril-Quip-Reports-Net-Income-of-42.6-Mln-for-Q1-2014-e1399638346103

Dril-Quip, Inc. has announced net income of $51.3 million, or $1.27 per diluted share for the three months ended ...

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Chevron Expects Higher Earnings for Second Quarter 2014

Chevron Expects Higher Earnings for Second Quarter 2014

Chevron Corporation reported in its interim update that earnings for the second quarter 2014 are expected to be ...

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Chevron’s First Quarter Earnings Down from a Year Ago

Chevron's First Quarter Earnings Down from a Year Ago

Chevron Corporation reported earnings of $4.5 billion ($2.3 6 per share – diluted) for the first quarter 2014 , ...

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Statoil’s First Quarter Earnings Increase

Statoil's First Quarter Earnings Increase.

Statoil’s first quarter 2014 net operating income was NOK 51.4 billion, a 35% increase compared to the first ...

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Cameron Records $2.4 Bln in Revenues

Cameron-Record-Revenues-Year-Over-Year

Cameron has reported earnings per share for the first quarter of 2014 of $0.75 excluding charges and discontinued ...

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Oceaneering’s Performance in Q1 Brings Record Earnings

Oceaneering-Names-Senior-Vice-President-Business-Development.

Oceaneering International, Inc. reported record first quarter earnings for the period ended March 31, 2014. On ...

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