Engineers Amazed at Underwater Painting

By Cathy Frost, General Manager at Alocit International Ltd

Saipem Cuts Deficit; Full-Year Guidance Misses Expectations

Italian oilfield services player Saipem has reported loss in the year 2017 of €328 million ($406 million), on ...

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Schlumberger Makes Positive 2018 Outlook

Schlumberger has reported an increase in revenue of 9% for the full-year 2017, and an increase of 15% ...

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Subsea 7 Nets $38 Million Less in Q3 2017

Oslo-listed Subsea 7 has booked 23 per cent lower profit for the quarter ended September 30, 2017 despite revenue ...

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Oceaneering Swings to Loss

Oceaneering has reported a net loss of $7.5 million, or 8 cents per share, on revenue of $446 million for the first ...

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Subsea 7 Books $418 Million Profit in 2016

Oslo-listed Subsea 7 has substantially narrowed its loss, compared to the prior-year quarter, and bounced back in ...

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GC Rieber Swings to Profit

Norwegian offshore vessels provider, GC Rieber Shipping, has reported total profit of NOK 52.6 million in the Q4 ...

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PGS Narrows Loss

Norwegian seismic player, Petroleum Geo-Services (PGS), reported a net loss for the fourth quarter of 2016 of ...

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Schlumberger Posts Loss

Oilfield services major Schlumberger has posted fourth-quarter 2016 net loss of $204 million, versus a loss of ...

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Osbit Sees Rise in Revenue

The Northumberland-based offshore engineering and technology company, Osbit, has reported an increase in turnover ...

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Island Offshore to Lay-Up More Vessels During Winter

Norway-based Island Offshore, an operator of the fleet of 28 vessels, informed that the number of vessels in winter ...

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EMGS Cuts Loss by Over 50%

Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 4.5 million in the third quarter 2016, down from ...

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Deep Down Loss Widens

Deep Down, an oilfield services company, reported a net loss of $0.5 million, or $0.03 loss per diluted share in ...

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Spectrum Posts Quarterly Loss

Norwegian multi-client seismic data specialist, Spectrum, has reported a loss of $10.99 million in the second ...

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Forum Records Loss in Q2

Forum Energy Technologies, Houston-based oilfield products company, recorded net loss in the second quarter of $29 ...

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Schlumberger Posts Loss in Q2

Oilfield services major, Schlumberger, has reported net loss of $2.16 billion versus net income of $1.12 billion in ...

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Oceaneering Profit Plunges

Oceaneering International reported net income of $22.3 million, or $0.23 per share, on revenue of $626 million ...

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Forum Posts Quarterly Loss

Houston-based oilfield products company, Forum Energy Technologies, has recorded a net loss of $23 million ...

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Technip Posts Profit Rise

French oil services provider, Technip, posted net income of €114.4 million for the first quarter 2016 compared to ...

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Subsea 7 Stacks Two More Vessels

Oil services company, Subsea 7 has recorded a net income of $147 million in the Q1 2016 compared to $151 million in ...

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Aker Solutions Profit Falls

Aker Solutions has reported a net income of NOK 169 million in the first quarter 2016 versus net income of NOK 220 ...

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Loss Widens for PGS

Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $334.6 million for the ...

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