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Helix narrows loss

Houston-based oil and gas services company Helix Energy Solutions managed to narrow its net loss in the first ...

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Schlumberger boosts revenues in 1Q

Schlumberger, the world’s largest oilfield services provider, increased its revenues by almost 6 pct during ...

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Odfjell Drilling sees no signs of improvement in rig market

Norwegian drilling contractor Odfjell Drilling posted a net loss for the first quarter of 2016. The reported loss ...

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Seadrill's profit nose-dives

Deepwater drilling contractor Seadrill is eyeing further cash savings after posting a lower profit and revenues for ...

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Havyard sees lower profit

Norwegian ship technology company Havyard saw a reduction in its profit and revenues during the first quarter of ...

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Low vessel utilization shrinks Topaz revenues

Offshore support vessel company Topaz Energy and Marine saw a boost in its first quarter 2016 profit, but a ...

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BW Offshore sinks to loss

BW Offshore, an operator of floating production storage and offloading (FPSO) vessels, sank to a loss during the ...

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Ocean Rig profit spikes in 1Q

Offshore deepwater drilling services provider Ocean Rig posted a rise in its profit and revenues for the first ...

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McDermott tightens its loss, boosts revenues

McDermott, an engineering, procurement, construction and installation company, tightened its loss for the first ...

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Hercules posts loss

Offshore drilling contractor Hercules Offshore, which in November last year emerged from Chapter 11 bankruptcy, ...

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Marathon Oil sinks deeper into red

Marathon Oil Corporation, an oil and gas exploration and production company, saw its loss deepen and revenues drop ...

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Repsol profit plunges by more than 40 pct

Repsol

Spanish oil company Repsol saw its net income for the quarter drop by 43 percent when compared to the prior-year ...

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Transocean swings to profit

One of the world’s largest offshore drilling contractors, Transocean, returned to profit in the first quarter ...

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Loss deepens for Noble Energy

Noble Energy, a U.S.-based independent oil and gas company, has seen its loss deepen during the first quarter of ...

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Maersk Drilling hikes profit, revenues

Offshore drilling contractor Maersk Drilling delivered a 32% increase in profit that amounted $222 million for ...

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Rowan revenues slip on lower jack-up utilization

Offshore drilling contractor Rowan Companies saw a marginal decrease in net income and a 9% drop in revenues in the ...

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Low oil price drags Maersk Oil to red

Danish oil and gas company Maersk Oil posted a net loss for the first quarter of 2016 mainly due to low oil price.  ...

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Shell sees sharp profit drop

Shell CEO Ben van Beurden

Oil major Royal Dutch Shell on Wednesday posted a sharp drop in its first quarter 2016 earnings over low oil prices ...

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North Energy's return to profit driven by Explora buy

Norwegian oil company North Energy on Wednesday reported a net profit for the first quarter of the year, as opposed ...

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PGS sinks deeper

Norwegian marine geophysical company Petroleum Geo-Services (PGS) saw its net loss deepen in the first quarter of ...

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Anadarko narrows loss

Anadarko, a US-based oil and gas company, posted a net loss of $1.03 billion for the first quarter of 2016. The ...

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