Engineers Amazed at Underwater Painting

By Cathy Frost, General Manager at Alocit International Ltd

TechnipFMC Back in Black with Q1 EPS of $0.20

TechnipFMC has reported first-quarter 2018 profit of $95 million or 20 cents per diluted share. The services major ...

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Red Ink for Subsea 7

Oslo-listed Subsea 7 has booked loss in the quarter ended March 31, 2018 on revenue drop of 10% due to lower ...

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Akastor Slips into Red

Oilfield services investment company Akastor recorded loss of NOK 380 million ($48 million) for the fourth-quarter ...

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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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Aker Solutions Sees Slight Profit Increase

Norwegian oil services company Aker Solutions has reported net income of NOK 124 million ($16 million), or NOK 0.40 ...

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Deep Down Returns to Profit

Deep Down, an oilfield services company, has reported net income for the quarter ended March 31, 2017 of $64,000, ...

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Subsea 7 Keeps Profit in Line with Offshore Wind at Its Back

Oslo-listed Subsea 7 has delivered another positive quarter backed by higher activity in renewables sector as it ...

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TechnipFMC Posts $191M Profit

TechnipFMC has reported first-quarter 2017 net income of $190.8 million and diluted earnings per share of $0.41. ...

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PGS in Q1 Profit Warning

Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 ...

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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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