DOF Subsea Swings to Quarterly Loss
DOF Subsea, a subsidiary of DOF Group, reported net loss in the fourth-quarter 2016 (Q4 2016) of NOK 430 million ...
read more →Bourbon Continues Stacking Vessels as Weak Market Stings
Bourbon has posted lower adjusted revenues for the quarter ended December 31, 2016 as utilization and daily rates ...
read more →Loss Widens for Aker Solutions
Norwegian oil services company Aker Solutions has reported net loss of NOK 268 million, or NOK 1.07 in the ...
read more →NOV Reports Q4 Loss
National Oilwell Varco has reported a fourth quarter 2016 net loss of $714 million, or $1.90 per share. Excluding ...
read more →TGS Returns to Profit
Geophysical contractor TGS has posted fourth-quarter 2016 net profit of $24 million, compared to net loss of $121.5 ...
read more →Impairments Sink SapuraKencana
Malaysian oil and gas services provider, SapuraKencana Petroleum, has plunged into loss in the fourth quarter ended ...
read more →CGG Sees 2015 Loss Widen and Revenues Drop by $1 Bln
French seismic contractor, CGG, has widened its loss in 2015, despite improved quarterly results, on high ...
read more →Subsea 7 Axes 3600 Jobs in 2015
Oil services company Subsea 7 has recorded a loss at the end of fourth quarter on high impairments and lower fleet ...
read more →Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 22 – ...
read more →SeaBird Shrinks Loss
Oslo-listed SeaBird, a seismic data provider for oil and gas companies, has narrowed its net loss in the fourth ...
read more →Magseis Loss Grows
Norwegian ocean bottom seismic specialist, Magseis, has reported net loss of USD 11 million or USD 0.37 per share ...
read more →Rem Sinks on Impairment
Norway’s Rem Offshore has posted forth-quarter 2015 net loss of NOK 161.1 million ($18.7 million), compared to ...
read more →Siem Slumps to Loss
Siem Offshore has seen red again as impairments and the challenging OSV market sank the company into a quarterly ...
read more →Impairments Drag Solstad into Red
Oslo-listed Solstad Offshore, has recorded a loss of NOK 1.34 billion ($155.7 million) for the fourth quarter of ...
read more →McDermott Posts Quarterly Loss, Improves on Full-Year
McDermott has seen red ink at the end of fourth quarter, swinging to loss when compared with the corresponding ...
read more →Reach Subsea Stays in Profit
Norwegian contractor Reach Subsea managed to remain in black but still has booked a decrease in profit in the ...
read more →Red Ink for Oceanteam
Norway-based Oceanteam has booked net loss of $2.9 million for the fourth quarter ended December 31, 2015. The ...
read more →FMC Technologies Sees Profits Dip
FMC Technologies has recorded a 67 percent net income drop year-over-year during the fourth quarter 2015, faced ...
read more →Akastor Stays Down
Oilfield services investment company, Akastor, has booked a fourth-quarter 2015 loss as the weak market caused ...
read more →Loss Widens for PGS
Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $334.6 million for the ...
read more →Spectrum Ends 2015 in Loss
Norwegian multi-client seismic data specialist, Spectrum, has remained in red in the fourth quarter of 2015 after ...
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