CGG Sees Revenues Slide

CGG Sees Revenue Slide

French seismic contractor, CGG, has booked a drop in revenues for the quarter, ended March 31 2015, due to the ...

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Highlights of the Week

Highlights of the week

Subsea World News has put together a recap of the most interesting articles from the previous week (April 27 – May ...

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Polarcus Posts Loss, Reduces Operational Fleet

Polarcus Posts Loss, Reduce Operational Fleet

Seismic contractor, Polarcus, has recorded a net loss third quarter in a row as the contract revenues went down 33% ...

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Red Ink for Statoil

Red Ink for Statoil

Norway’s Statoil has slipped into the red for the three months ended March 31, 2015, largely on U.S. onshore ...

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Ezra Slips in Q2, Rises in 1H

Ezra Slips in Q2, Rises in 1H

Singapore-listed offshore O&G contractor, Ezra, saw its second quarter 2015 (2Q2015) profit after tax (PAT) ...

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ESS Profits Driven by Focus on Green Energy Market

ESS Profits Driven by Forcus on Green Energy Market

Ecosse Subsea Systems (ESS) has recorded profit of £3.4 million and generated revenue of £15.6 million, according ...

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Deep Down Stays in Red, 2015 Outlook Uncertain

Deep Down Stays in Red, 2015 Outlook Uncertain

Deep Down, an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution ...

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Bourbon Profit Drops

Bourbon Profit Drops

French vessel owner and provider of marine and subsea services, Bourbon, has seen its profit slump on client capex ...

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Subsea 7 Down on Impairment

Subsea 7 Down on Impairment

Oil services company Subsea 7 has plunged into the red on fourth quarter revenue drop and hefty impairment charge, ...

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Havyard Sinks into Red

Havyard 832 SOV

Havyard Group has slipped into loss in the fourth quarter 2014, despite significant growth in operating revenues, ...

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Prysmian Profit Falls

Prysmian Profit Falls

Prysmian has reported a drop in earnings for the full year 2014. Italy’s cables manufacturer said its full ...

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DOF Posts Q4 Loss

DOF Posts Q4 Loss

Norwegian offshore vessel owner DOF has slipped into the red in the fourth quarter 2014, despite revenue growth and ...

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Highlights of the Week

Highlights of the week

Subsea World News has put together a recap of the most interesting articles from the previous week (February 16 – ...

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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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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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Nexans Narrows Losses

Nexans Narrows Losses

Nexans has ended 2014 with a net attributable loss of 168 million euros, compared with a 333 million euro net loss ...

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PGS Swings to Loss

PGS Swings to Loss

Oslo-listed seismic player, Petroleum Geo-Services (PGS), slid into the red during the fourth quarter as the ...

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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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KOGT Hits Kongsberg Profit

Kongsberg CEO Walter Qvam

Norway’s Kongsberg has reported a profit after tax of NOK 32 million in Q4 2014, down from 375 million in the ...

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Statoil Profit Slips on Plunging Oil

Statoil Profit Slips on Plunging Oil

Norway’s Statoil has reported that its net operating income for the full year 2014 was NOK 109.5 billion ...

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