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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TE Connectivity Hikes Sales, Posts Q1 Loss on Tax Charge

TE Connectivity has reported net sales of $3.5 billion, with diluted EPS from continuing operations a loss of $0.11 ...

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Halliburton Q4 Loss Widens on Tax Provision

The U.S. oilfield services major Halliburton has reported net loss in the fourth quarter 2017 of $825 million or 94 ...

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Olympic Subsea Expects Slow Market Recovery

Olympic Subsea has reported consolidated net revenues of NOK 200 million for the third quarter of 2017. Earnings ...

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Eidesvik Back in Black

Norwegian vessel owner Eidesvik Offshore has posted quarterly profit of NOK 29 million (approximately $3.5 million) ...

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SeaBird Ends Q3 with 87% Revenue Drop

Oslo-listed SeaBird has seen its loss widened in the quarter ended September 30, 2017 as revenues fell some 87 ...

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Dril-Quip Posts Q3 Loss

Dril-Quip has reported net loss of $29.3 million, or $0.78 per diluted share, for the three months ended September ...

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Polarcus Sees Loss Shrink

Polarcus has narrowed its quarterly loss when compared to third-quarter 2016, as the seismic player managed to ...

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Oceaneering Q3 Loss Per Share $0.02

Subsea engineering specialist Oceaneering has reported net loss of $1.8 million, or 2 cents per share, on revenue ...

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Helix Trims Q3 Profit

Offshore services player Helix Energy Solutions has recorded lower profit in the third quarter of 2017. On revenue ...

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Bourbon Dives Deeper into Red

Bourbon has seen its net loss almost doubled in the first six months of 2017 on “continuously challenging ...

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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 ...

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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 ...

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