Saipem Posts Wider 1H Loss, Maintains 2018 Guidance

Italian oilfield services player Saipem has reported loss in the first half of 2018 of €323 million ($377.5 ...

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Akastor Reduces Quarterly Deficit

Oilfield services investment company Akastor recorded loss of NOK 251 million ($31 million) for the second-quarter ...

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GC Rieber Narrows Loss

Norwegian offshore vessels provider, GC Rieber Shipping, has reported loss of NOK 59 million for the first quarter ...

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Reach Subsea Triples Revenues But Stays in Red

Reach Subsea has seen its quarterly net loss widened despite tripling revenues against the quarter ended March 31, ...

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Red Numbers for Eidesvik

Norwegian vessel owner Eidesvik Offshore has posted quarterly loss of NOK 51 million (approximately $28 million) or ...

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Mermaid Eyes Positive Outlook Despite Red Numbers

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net ...

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ION Geophysical Narrows Q1 Loss

ION Geophysical has reported revenues of $33.5 million in the first quarter 2018, a 3% increase compared to ...

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EMGS Books Wider Loss in Q1

Norwegian geophysical services company EMGS posted loss for the first-quarter 2018 of $12 million, or 13 cents per ...

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Saipem Slips into Red on 15 Pct Lower Revenues

Italian oilfield services player Saipem has reported loss in the first quarter of 2018 of €2 million ($2.4 ...

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Oceaneering Posts Quarterly Loss

Subsea engineering specialist Oceaneering has reported net loss of $49 million, or 50 cents per share, for the ...

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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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Helix Energy Narrows Loss

Offshore services player Helix Energy Solutions has narrowed its loss in the first quarter of 2018 compared with ...

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Red Ink Flows for Bourbon

Bourbon has seen its net loss more than doubled in 2017 as revenues slipped some 22 percent and impairment charges ...

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Saipem Cuts Deficit; Full-Year Guidance Misses Expectations

Italian oilfield services player Saipem has reported loss in the year 2017 of €328 million ($406 million), on ...

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Eidesvik Cuts Losses; Ends 2017 in Black

Norwegian vessel owner Eidesvik Offshore has posted quarterly loss of NOK 221 million (approximately $28 million) ...

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Oceanteam Ends 2017 in Profit; Axes CSV Tampamachoco Charter

Oslo-listed Oceanteam has booked net profit of $11.7 million for the year 2017, against $22.3 million loss in 2016. ...

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Solstad Farstad Books $146M Loss

Norwegian owner and operator of offshore vessels Solstad Farstad has recognized loss of 1.15 billion Norwegian ...

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DOF Subsea Narrows Q4 Loss, Ends 2017 in Red

DOF Subsea, a subsidiary of DOF Group, reported loss in the fourth quarter of 2017 of NOK 375 million ($47.6 ...

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ION Cuts Loss

ION Geophysical has reported revenues of $57.9 million in the fourth quarter 2017, a 64% increase compared to ...

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EMGS Narrows Losses

Norwegian geophysical services company EMGS posted loss for the fourth-quarter 2017 of $5.9 million, improving from ...

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Subsea Setback for Baker Hughes in Q4

Baker Hughes has recognized ‘post GE Oil & Gas merger’ net loss for the quarter ended December 31, 2017 of $29 ...

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