Defining Acceptable Subsea Cable Risk

Since the 1850s, submarine cables have played an integral role in international data transmission and are now crucial to the growth of offshore renewables sector.

Dril-Quip Records Q3 Loss

Dril-Quip has reported net loss of $10.4 million, or $0.28 loss per diluted share, including restructuring costs ...

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Oceaneering Posts Q3 Loss

Oceaneering International has reported a net loss of $66.0 million, or $(0.67) per share, on revenue of $519 ...

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Red Ink for DOF Subsea

DOF Subsea, a subsidiary of DOF Group, reported loss in the second quarter of 2018 of NOK 292 million ($35 ...

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Magseis Posts Loss in Q2

Norwegian seabed seismic services player Magseis has posted loss in the second quarter of 2018 as costs went up on ...

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SeaBird Shrinks Loss

Oslo-listed SeaBird has narrowed its quarterly loss for the period ended June 30, 2018 on 11 percent higher ...

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Mermaid Sees Red as Revenues Cut in Half

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

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ION Sinks Deeper into Red

ION Geophysical has reported revenues of $24.7 million in the second quarter 2018, a 46% decrease compared to ...

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Fugro Loss Shrinks

Dutch subsea and survey specialist Fugro has posted net loss of €40 million for the first half of 2018, against net ...

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Oceaneering Swings to Quarterly Loss

Subsea engineering specialist Oceaneering has reported net loss of $33 million, or 34 cents per share, for the ...

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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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