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Reach Subsea Sinks Deeper in Red

Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell against prior-year ...

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DOF Subsea Shrinks Quarterly Loss

DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the fourth quarter of 2019 of NOK 30 million ...

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Red Ink for Aker Solutions

Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of NOK 178 million ...

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EMGS Reports Q4 and Full-Year Profit

Norwegian geophysical services company EMGS has returned to profit as revenues hiked close to 180 percent for the ...

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PGS Reports Q4 Profit

Petroleum Geo-Services (PGS), has bounced back in black in the fourth quarter ended December 31, 2019, as revenues ...

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Schlumberger Posts $10.1Bln Loss in 2019

Schlumberger has booked some $10.1 billion loss for 2019, despite relatively flat revenues, recognizing material ...

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Red Ink for DOF Subsea

DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the third quarter of 2019 of NOK 1.09 billion ...

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Mermaid Loss Widens

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

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EMGS Swings to Profit

Norwegian geophysical services company EMGS has returned to profit as revenues hiked more than fourfold for the ...

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SeaBird in Strategic Overhaul as Loss Continues

Oslo-listed SeaBird said it will focus on a more asset-light and flexible business model after recognizing a ...

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McDermott Posts Q3 Loss of $1.9B

McDermott has reported quarterly loss of $1.9 billion, or $10.37 per diluted share, compared to profit of $2 ...

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Forum Books $533M Loss

Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, ...

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Saipem Back in Black

Italian oilfield services player Saipem has reported third-quarter 2019 profit of €30 million on revenues of €2.23 ...

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SeaBird Sinks Deeper on Project Delays

Oslo-listed SeaBird has seen its quarterly loss widened for the period ended June 30, 2019 as revenues picking up ...

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Fugro Eyes Seabed Geosolutions Exit

Fugro is looking to sell its stake in Seabed Geosolutions, a joint venture company with French seismic player CGG. ...

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Red Ink for PGS

Petroleum Geo-Services (PGS), reported loss for the second quarter ended June 30, 2019 of $49 million versus profit ...

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McDermott Sinks on Restructuring Costs

Houston-based McDermott has reported quarterly loss of $70 million, or 39 cents per diluted share, compared to ...

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Polarcus Slips into the Red Despite Strong Q1 Revenue Gains

Seismic player Polarcus has booked quarterly loss when compared to first-quarter 2018, despite major revenue boost ...

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Red Ink for Forum

Forum Energy Technologies recorded loss in the first-quarter 2019 of $8 million, or 7 cents per diluted share, ...

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PGS Q1 Loss Widens

Petroleum Geo-Services (PGS), reported loss for the first quarter ended March 31, 2019 of $65 million versus loss ...

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Loss Widens for Olympic Subsea

Olympic Subsea has reported net loss of NOK 100 million ($11.6 million) for the quarter ended December 31, 2018, ...

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