Subsea Digitisation

An article by WFS Technologies

Polarcus Reports Improved Results in Third Quarter 2019

Seismic player Polarcus has bounced back in black when compared to third-quarter 2018 as revenues increased some 19 ...

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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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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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TechnipFMC Sees Profit Fall Despite Revenue Increase

TechnipFMC has reported third-quarter 2019 profit of $22 million or 5 cents per diluted share. The services major ...

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Helix Boosts Quarterly Profit

Helix Energy Solutions has reported net income of $31.6 million, or 21 cents per diluted share, for the third ...

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PGS Returns to Profit

Petroleum Geo-Services (PGS), has bounced back in black in the third quarter ended September 30, 2019, as revenues ...

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Magseis Fairfield Returns to Profit

Seabed seismic services player Magseis Fairfield has bounced back to profit in the second quarter of 2019. The ...

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Slight Drop for Reach Subsea

Norwegian contractor booked profit of NOK 4 million on revenues of NOK 181 million, versus profit of NOK 5 million, ...

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DOF Subsea Returns to Profit as Group Seeks Refinancing Deal

DOF Subsea, a subsidiary of DOF Group, reported profit in the second quarter of 2019 of NOK 14 million ($1.5 ...

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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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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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