Mermaid Profit Down over 50%

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

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (July 24 – July ...

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Baker Hughes Revenue Flat, Loss Shrinks

Baker Hughes has recognized ‘pre-merger’ net loss for the quarter ended June 30, 2017 of $179 million, ...

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PGS Cuts Deficit as Revenues Rise 31%

Norwegian seismic player, Petroleum Geo-Services (PGS), reported net loss for the second quarter ended June 30, ...

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Subsea 7 Sees Earnings Grow

Oslo-listed Subsea 7 has booked higher profit for the quarter ended June 30, 2017 as revenues increased on boosted ...

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McDermott Ups Earnings

Houston-based McDermott posted quarterly profit of $36.4 million, or 13 cents per fully diluted share, compared to ...

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Red Ink for Saipem

Italian oilfield services player has reported net loss of €110 million for the first six months ended June 30, ...

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