DOF Subsea Secures Work for Its Vessels in Asia Pacific

DOF Subsea has secured several contracts in the Asia Pacific region, securing utilization for vessels in the ...

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Reach Subsea Secures Work for Three Vessels in North Sea

Reach Subsea has entered into short term contracts for three vessels Havila Subsea, Edda Fonn and Olympic Delta in ...

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Subsea 7 Buys Siem Offshore Contractors and Two Vessels

Subsea 7 has signed an agreement to acquire Siem Offshore Contractors GmbH and two vessels, subject to competition ...

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Solstad Farstad Books $146M Loss

Norwegian owner and operator of offshore vessels Solstad Farstad has recognized loss of 1.15 billion Norwegian ...

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Bourbon 2017 Revenue Drops 22 Pct

Bourbon has seen its revenue decline some 19 percent year-on-year for the quarter ended December 31, 2017, and some ...

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Stapem Offshore Takes Delivery of New Dive Support Vessels

Incat Crowther-designed vessel Stapem Beluga, the first of two ABS-classed 18 meters catamaran dive support vessels ...

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Eidesvik Strikes Vessels Deal with Seabed Geosolution

Norwegian vessel owner Eidesvik has signed a letter of intent with Seabed Geosolution, a Fugro – CGG joint ...

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Subsea Vessels of 2017

During 2017 we’ve seen an increased number of subsea vessels starting their first campaigns, being delivered ...

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Solstad Farstad Scoops Up OZ Contracts

Norwegian offshore service vessels provider Solstad Farstad said it has been awarded several contract in Australia. ...

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Olympic Subsea Expects Slow Market Recovery

Olympic Subsea has reported consolidated net revenues of NOK 200 million for the third quarter of 2017. Earnings ...

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DOF Subsea Secures Work for Vessels in Subsea IMR Segment

DOF Subsea has secured multiple contracts for vessels in the Subsea IMR projects segment. In the Atlantic region, ...

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Eidesvik Back in Black

Norwegian vessel owner Eidesvik Offshore has posted quarterly profit of NOK 29 million (approximately $3.5 million) ...

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Bourbon Quarterly Revenue Drops

Bourbon has seen its revenue decline some 21 percent year-on-year for the quarter ended September 30, 2017, still ...

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MSS Stays Red in Q2, Lays Up 10 Vessels

Offshore marine contractor Maersk Supply Service (MSS) has recorded a loss of USD 10 million in the second quarter ...

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Pacific Radiance Scoops $45M in Vessel Deals

Pacific Radiance has secured USD 45.3 million worth of new contracts, including options. Under these contracts, ten ...

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Siem Offshore Sinks Deeper into Red Despite of Revenue Jump

Siem Offshore has seen its quarterly loss widened, despite revenue rise of over 50 percent, as forex gains and ...

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Polarcus Books Loss, Improves Q-on-Q

Seismic contractor, Polarcus has posted quarterly loss on 26 percent lower revenues when compared to first-quarter ...

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Bourbon Revenues Fall 30% in Q1

Bourbon has seen its revenues decline almost 30 percent year-on-year for the quarter ended March 31, 2017 impacted ...

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Kongsberg Finalizes Training Courses on New Research Vessels

Kongsberg Maritime has recently completed two training courses for the new research vessels. The first course was ...

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DOF Subsea Swings to Quarterly Loss

DOF Subsea, a subsidiary of DOF Group, reported net loss in the fourth-quarter 2016 (Q4 2016) of NOK 430 million ...

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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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