Subsea Digitisation

An article by WFS Technologies

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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Mermaid Slips to Loss

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

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Saipem Beats Guidance But Sinks Deeper on Writedowns

Italian oilfield services player Saipem has reported loss in 2018 of €472 million ($538 million), on revenues of ...

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Subsea 7 Takes Profit Hit

Engineering and construction specialist Subsea 7 has seen profit cut by some 37 percent in the quarter ended ...

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Polarcus Chops Q4 Loss

Seismic player Polarcus has reduced quarterly loss when compared to fourth-quarter 2017 as revenues increased close ...

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SeaBird Cuts Loss

Oslo-listed SeaBird has narrowed its quarterly loss for the period ended December 31, 2018 as revenues picked up on ...

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Fugro Reduces Deficit

Dutch subsea and survey specialist Fugro has posted net loss of €51 million for the twelve months of 2018, against ...

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McDermott Slumps to Loss

Houston-based McDermott has reported quarterly loss of $2.8 billion, or $15.33 per diluted share, compared to $26 ...

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Subsea Setback for TechnipFMC

TechnipFMC has reported fourth-quarter 2018 loss of $2.26 billion or $5 per diluted share. The UK-based energy ...

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Reach Subsea Narrows Losses

Reach Subsea has reduced its quarterly deficit for the period ended December 31, 2018, as revenues hiked some 70 ...

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Helix Books Quarterly Loss

Helix Energy Solutions reported a net loss of $13.7 million, or 9 cents per diluted share, for the fourth quarter ...

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Oceaneering Sinks to Loss

Oceaneering has reported a net loss of $64.1 million, or 65 cents per share, for the three months ended December ...

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