Subsea Digitisation

An article by WFS Technologies

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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EMGS Hikes Revenues

Norwegian geophysical services company EMGS has reduced its quarterly loss as revenues almost doubled for the ...

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Helix Books Slight Drop in Quarterly Profits

Helix Energy Solutions has reported net income of $16.8 million, or $0.11 per diluted share, for the second quarter ...

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Saipem Returns to Profit

Italian oilfield services player Saipem has reported first-half 2019 profit of €14 million on revenues of €4.5 ...

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Subsea 7 Sees Profits Slip

Engineering and construction specialist Subsea 7 has seen its profit cut in the quarter ended June 30, 2019 as ...

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TechnipFMC Boosts Backlog

TechnipFMC has reported second-quarter 2019 profit of $97 million or 21 cents per diluted share. The services major ...

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Polarcus Back in Black

Seismic player Polarcus has bounced back in black when compared to second-quarter 2018 as revenues increased some ...

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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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Akastor Returns to Profit

Oilfield services investment company Akastor recorded profit of NOK 62 million ($7 million) for the first-quarter ...

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Subsea 7 Stays in Red

Engineering and construction specialist Subsea 7 has seen recognised loss in the quarter ended March 31, 2019 on ...

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BHGE Reports $32M Profit

Baker Hughes, a GE company, (BHGE) has reported profit of $32 million or 6 cents per diluted share on GAAP basis ...

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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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Aker Solutions Sees Profit Boost in Q1

Aker Solutions has seen its profit go up in the first-quarter 2019 at NOK 149 million, or NOK 0.54 per share, ...

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Fugro Sees Revenue Growth

Dutch subsea and survey specialist Fugro has seen its revenue increased some 9 per cent from €350 billion in Q1 ...

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TechnipFMC Earnings Drop, Orders Jump

TechnipFMC has reported first-quarter 2019 profit of $20.9 million or 5 cents per diluted share. The services major ...

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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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Helix Back in Black

Helix Energy Solutions has reported net income of $1.3 million, or $0.01 per diluted share, for the first quarter ...

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Schlumberger Profit Slips 20 Percent

Schlumberger has seen its quarterly profit fall some 20 per cent against last year’s Q1 result despite relatively ...

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Saipem Swings to Profit

Italian oilfield services player Saipem has reported first-quarter 2019 profit of €21 million ($23.6 million), on ...

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