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TechnipFMC posts smaller profit in 3Q

Oil and gas services company TechnipFMC has recorded a smaller profit and revenues for the third quarter 2017 ...

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Hess sinks deeper into the red

U.S. oil company Hess Corporation saw its net loss deepen during the third quarter of the year due to impairments ...

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All FOE rigs to be out of action soon?

Fred. Olsen Energy’s entire offshore rig fleet will be out of action soon once its last working rig comes off ...

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Halliburton profit spikes

Driven by North American market, oilfield services provider Halliburton recorded a significant increase in its ...

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Helix Energy posts lower profit in 3Q

Offshore energy services company Helix Energy Solutions recorded a lower profit for the third quarter 2017 impacted ...

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Schlumberger records profit & revenues boost

Schlumberger, the world’s largest oilfield services provider, saw an increase in profit and revenues during ...

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Ocean Rig mulls restructuring move

Offshore deepwater drilling services provider Ocean Rig UDW is considering a restructuring move amid dwindling ...

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Winter is coming for Island Offshore

Norwegian shipping company Island Offshore has informed that the number of its vessels in winter lay-up may ...

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Havila narrows loss in 3Q

Norwegian offshore vessel operator Havila Shipping, currently in talks with its creditors about a financial ...

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Red ink for Reach

Norwegian subsea operations company Reach Subsea sank to a loss during the third quarter of 2016 despite an ...

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Odfjell Drilling back to black

Integrated drilling contractor Odfjell Drilling returned to profit during the third quarter 2016 despite a $55 ...

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Seadrill 3Q numbers down on idle rigs, impairment

Seadrill 3Q numbers down on idle rigs, impairment

Offshore drilling specialist Seadrill saw its third-quarter revenue drop 25 percent on lower dayrates and rigs ...

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Sevan Drilling swings to loss

Deepwater drilling contractor Sevan Drilling went from black to red during the third quarter of 2016. Looking ...

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Petrobras slumps to heavy loss on asset impairments

Brazilian oil giant Petrobras has slumped to a huge third quarter loss of R$16.5 billion ($4.8 billion), a result ...

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Deep Down back to black

Deep Down, an oilfield services company serving the offshore exploration and production industry, went from red to ...

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MCG says the worst is behind

Norwegian marine seismic data provider MultiClient Geophysical (MCG) narrowed its net loss and boosted ...

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Vantage Drilling posts loss as low rig use bites

After emerging from a Chapter 11 bankruptcy in February, Vantage Drilling, a drilling contractor with a fleet of ...

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Subsea 7 boosts profit in 3Q

Subsea engineering, construction, and services company Subsea 7 reported an increase in its quarterly net profit ...

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GC Rieber slips to red

Norwegian offshore shipowner GC Rieber Shipping sank to a loss in the third quarter 2016 versus a profitable third ...

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Paragon gets early termination in Middle East, shrinks loss

Drilling contractor Paragon Offshore has received an early termination for one of its jack-up rigs operating in the ...

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Pacific Drilling posts sharp drop in profit

Offshore driller Pacific Drilling on Monday posted a sharp decline in profit and revenues due to a lower dayrate ...

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