Wood Group Takes Profit Dive

Oilfield services player Wood Group has seen its profit in 2016 chopped by some 62 percent against prior comparable ...

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Kongsberg Maritime Revenues Fall on Weak Offshore Market

Kongsberg Maritime has generated Q4 revenues of NOK 2.06 billion ($247 million), down from NOK 2.7 billion ($323.5 ...

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ROVOP Bounces Back from Ceona Blow with Strong Results

ROV service provider, ROVOP, has recorded sales of almost £10 million in the second half of its financial year and ...

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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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PGS Estimates Q3 Revenues of $220 Mln

Oslo-listed seismic player Petroleum Geo-Services (PGS) said it expects to report consolidated third-quarted 2016 ...

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Profits Fall for Reach Subsea

Norwegian contractor Reach Subsea has booked lower profit as it saw revenues decline close to 60 percent during the ...

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Kongsberg Maritime Slips on Offshore Division Slowdown

Kongsberg Maritime (KM) has reported operating revenues for the second quarter 2016 of NOK 2.36 billion ($287 ...

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Subsea 7 Boosts Q2 Profit

Oslo-listed Subsea 7 has lifted its profit in the second quarter ended June 30, 2016, on nearly-halved ...

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Akastor Sees More Red Ink

Oilfield services investment company, Akastor, has booked a second-quarter 2016 loss as revenue declines in ...

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Reach Subsea Takes NOK 15 Mln Loss

Norwegian contractor Reach Subsea has booked a negative result in the fourth quarter 2016, caused by a challenging ...

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Aker Solutions Sees Revenue Slashed by NOK 800 Mln

Aker Solutions has delivered lower third-quarter profit as its revenue dropped some NOK 800 million from the ...

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Akastor Posts NOK 1.37 Bln Loss

Oilfield services investment company, Akastor, has booked a third-quarter 2015 loss as impairments hit the ...

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Polarcus Swings to Profit

Seismic contractor, Polarcus, has seen its revenues rise 44% over Q2 2015, driven by high vessel utilization and ...

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Oceaneering Posts Profit Drop

Subsea engineering specialist, Oceaneering, has reported a drop in third-quarter profit for the period ended ...

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TGS Profit Declines

Seismic contractor TGS has posted third-quarter 2015 net income of $40 million, compared to $54.6 million in the ...

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PGS Takes USD 110 Mln Loss

Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $110 million for the third quarter ...

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Helix Expects Challenging Q4

Offshore services player, Helix Energy Solutions, has seen its net income slide to $9.9 million, or $0.09 per ...

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Bourbon to Stack Up to 35 Vessels as Loss Widens

French vessel owner and provider of marine and subsea services, Bourbon, will pull out up to 35 supply vessels from ...

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DOF Subsea Hikes Q2 Profit

DOF Subsea has seen its profit rise in the second quarter 2015 despite tough market conditions. Profit for the ...

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Expro Takes $344.5 Mln Non-Cash Charge in FY15

International oilfield services company, Expro, has posted headline revenue of $1.3bn for the fiscal year ending ...

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Oceanteam Posts Q1 Loss

Norway’s Oceanteam has booked a net loss of $0.4 million for the first quarter ended March 31, 2015, as the ...

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