Oceaneering Retires 39 ROVs in Q3 as Red Ink Flows

oceaneering-profit

Oceaneering reported a net loss of $11.8 million, or $(0.12) per share, on revenue of $549 million for the three ...

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Polarcus Slips into Red

polarcus-slips-into-red

Seismic contractor, Polarcus has posted quarterly loss as its revenues declined over 50 percent when compared to ...

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Saipem Cuts 800 Jobs

Stefano Cao, Saipem CEO

Italian oilfield services player Saipem said it will reduce workforce by some 800 at its European based facilities ...

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Helix Ups Q3 Profit by 16 Pct

helix-ups-q3-profit-by-16-pct

Offshore services player Helix Energy Solutions has posted improved results in the third quarter of 2016, backed by ...

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Ezra Suffers Another Quarterly Loss

Ezra_Suffers_Another_Quarterly_Loss

Offshore oil and gas contractor, Ezra Holdings, has posted a loss for the third quarter ended May 31, 2016, as it ...

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SapuraKencana Takes Profit Hit

Photo: SapuraKencana

Malaysia’s SapuraKencana Petroleum has seen its profits slashed almost 63 per cent in the third quarter ended ...

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Swiber Bounces Back

Swiber Bounces Back

Singapore-listed EPIC contractor, Swiber, has reported a net attributable profit of USD 3.2 million for the third ...

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EMGS Looks for Cash Boost as Red Ink Flows

EMGS Looks for Cash Boost as Red Ink Flows

Norway’s Electromagnetic Geoservices (EMGS) has seen its profit slide into the red in the third quarter of 2015 on ...

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CGG Lays Off 930 and Reduces Fleet to 5 Vessels

CGG Lays Off 930 and Slashes Fleet to 5 Vessels

French seismic contractor, CGG, will be reducing its global workforce by additional 930 positions, as part of its ...

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Aker Solutions Sees Revenue Slashed by NOK 800 Mln

Aker Solutions posts profit drop

Aker Solutions has delivered lower third-quarter profit as its revenue dropped some NOK 800 million from the ...

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Bourbon Q3 Revenues Down Despite Forex Boost

Bourbon Q3 Revenues Down Despite Forex Boost

Bourbon has posted higher revenue for the first nine months of 2015, despite reporting a drop in utilization rates ...

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Akastor Posts NOK 1.37 Bln Loss

AKOFS Seafarer

Oilfield services investment company, Akastor, has booked a third-quarter 2015 loss as impairments hit the ...

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Highlights of the Week

Highlights of the week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 26 – ...

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Fugro to Cut 500 More Jobs

Fugro to Cut 500 More Jobs

Fugro said it will lay off around 500 employees in the coming quarters as it feels the pressure of deteriorating ...

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Spectrum Books Loss

Spectrum Books Loss

Norwegian multi-client seismic data specialist, Spectrum, has slid into the red following lower revenue warning ...

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Siem Offshore Slides to Loss

Siem Offshore Slides to Loss

Siem Offshore has seen red in the third quarter as the challenging OSV market continued the negative trend from the ...

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Technip Lifts Profit

Technip Lifts Profit

French oil services provider, Technip, posted higher third-quarter (3Q 2015) net income, boosted by an overall ...

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Oceaneering Posts Profit Drop

Oceaneering Posts Profit Drop

Subsea engineering specialist, Oceaneering, has reported a drop in third-quarter profit for the period ended ...

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Red Ink for Dolphin

Red Ink for Dolphin

Norway’s Dolphin Geophysical has slumped into loss in the third quarter on restructuring charges and as revenues ...

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Highlights of the Week

Highlights of the week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 19 – ...

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PGS Takes USD 110 Mln Loss

Ramform Hyperion

Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $110 million for the third quarter ...

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