Subsea Digitisation

An article by WFS Technologies

Red Ink Flows for McDermott

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

read more →

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 ...

read more →

Saipem Returns to Profit

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

read more →

Subsea 7 Sees Profits Slip

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

read more →

Polarcus Back in Black

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

read more →

Akastor Returns to Profit

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

read more →

Subsea 7 Stays in Red

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

read more →

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 ...

read more →

McDermott Sinks on Restructuring Costs

Houston-based McDermott has reported quarterly loss of $70 million, or 39 cents per diluted share, compared to ...

read more →

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, ...

read more →

Fugro Sees Revenue Growth

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

read more →

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 ...

read more →

Red Ink for Forum

Forum Energy Technologies recorded loss in the first-quarter 2019 of $8 million, or 7 cents per diluted share, ...

read more →

PGS Q1 Loss Widens

Petroleum Geo-Services (PGS), reported loss for the first quarter ended March 31, 2019 of $65 million versus loss ...

read more →

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 ...

read more →

Schlumberger Profit Slips 20 Percent

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

read more →

Saipem Swings to Profit

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

read more →

Loss Widens for Olympic Subsea

Olympic Subsea has reported net loss of NOK 100 million ($11.6 million) for the quarter ended December 31, 2018, ...

read more →

Mermaid Slips to Loss

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

read more →

Subsea 7 Takes Profit Hit

Engineering and construction specialist Subsea 7 has seen profit cut by some 37 percent in the quarter ended ...

read more →

SeaBird Cuts Loss

Oslo-listed SeaBird has narrowed its quarterly loss for the period ended December 31, 2018 as revenues picked up on ...

read more →