Subsea Digitisation

An article by WFS Technologies

Subsea 7 Profits Fall; Expects to Bounce Back in 2020

Engineering and construction specialist Subsea 7 has seen its profit slip in the quarter ended September 30, 2019 ...

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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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Baker Hughes Improves Quarterly Profit

Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September ...

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Forum Books $533M Loss

Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, ...

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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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Magseis Fairfield Chops Forecast

Seabed seismic services player Magseis Fairfield has lowered its guidance for 2019, in which the company now ...

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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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BHGE Narrows Quarterly Loss as Revenue Improves

Baker Hughes, a GE company, (BHGE) has reported loss of $9 million or 2 cents per diluted share on GAAP basis for ...

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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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Red Ink Flows for McDermott

McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 ...

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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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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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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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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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