Tag Loss
Bourbon Dives Deeper into Red
Bourbon has seen its net loss almost doubled in the first six months of 2017 on “continuously challenging …
Reach Subsea Swings to Loss
Norwegian contractor Reach Subsea has slipped into red in the quarter ended June 30, 2017 as it saw cost increased …
SeaBird Financial Struggle Continues, Revenues Down 88%
Oslo-listed SeaBird has seen red in the quarter ended June, 2017 as revenues fell some 88 percent on continued weak …
MSS Stays Red in Q2, Lays Up 10 Vessels
Offshore marine contractor Maersk Supply Service (MSS) has recorded a loss of USD 10 million in the second quarter …
Baker Hughes Revenue Flat, Loss Shrinks
Baker Hughes has recognized ‘pre-merger’ net loss for the quarter ended June 30, 2017 of $179 million, …
Forum Q2 Loss per Share $0.81, Revenue Up 41 Pct
Forum Energy Technologies recorded net loss in the second-quarter 2017 of $78 million, or 81 cents per diluted …
EMGS Narrows Losses
Norwegian geophysical services company EMGS posted loss for the second-quarter 2017 of $3.6 million, improving from …
Schlumberger Ups Revenue and Reduces Quarterly Loss
Oilfield services major Schlumberger has posted second-quarter 2017 loss of $74 million, or 5 cents per diluted …
Akastor Cuts Loss and Some 470 Employees
Oilfield services investment company Akastor recorded loss of NOK 321 million ($39 million) for the second-quarter …
Siem Offshore Sinks Deeper into Red Despite of Revenue Jump
Siem Offshore has seen its quarterly loss widened, despite revenue rise of over 50 percent, as forex gains and …
SeaBird Swings to Loss
Oslo-listed SeaBird has slipped into the red in the quarter ended March 31, 2017 as revenues fell close to 70 …
Polarcus Books Loss, Improves Q-on-Q
Seismic contractor, Polarcus has posted quarterly loss on 26 percent lower revenues when compared to first-quarter …
Spectrum Trims Loss on Higher Revenue
Norwegian multi-client seismic data specialist, Spectrum, has reported a loss of $3.7 million in the first quarter …
Forum Ups Revenue, Trims YoY Loss for Q1 2017
Forum Energy Technologies recorded net loss in the first-quarter 2017 of $16 million, or 16 cents per diluted …
Oceaneering Swings to Loss
Oceaneering has reported a net loss of $7.5 million, or 8 cents per share, on revenue of $446 million for the first …
Baker Hughes Revenue Slips, But Loss Narrows
Baker Hughes has recognized net loss for the quarter ended March 31, 2017 mainly on restructuring charges, asset …
Helix Narrows Q1 Loss
Offshore services player Helix Energy Solutions has seen red in the first quarter of 2017, but managed to improve …
Eidesvik Sinks Deeper into Red
Norwegian vessel owner Eidesvik Offshore has posted quarterly loss as it recognised fleet impairment charge and its …
Farstad Takes NOK 3.6 Bln Loss in 2016
Norwegian shipowner Farstad has seen its loss widened on more than 40 percent drop in operating income and large …
Fugro Cuts Over 3000 Jobs in 2 Years
Fugro has axed over 3000 jobs in the past two years due to continuous downturn in the oil and gas services market. …
AKVA Group Slips into Red
Norwegian equipment provider for aquaculture industry, AKVA group, has completed fourth quarter in red, …
