Boskalis has reported a revenue increase at its Offshore Energy business in the third quarter of 2020, compared to the previous two quarters, but also a drop in its order book to € 1.3 billion (€ 1.47 billion at the end of June). The company noted a strong contribution from the seabed intervention u
PetroRio has signed binding documents with Gas Bridge for the sale of the 10% interest held by the company in the Manati gas field located offshore Brazil.
Total has suffered delays with the Tyra Redevelopment Project due to the Covid-19 pandemic. As a result, the first production has been postponed to 2023.
Offshore drilling contractor Noble Corporation has decided to sell five of its cold-stacked drilling rigs.
The fiscal year 2020 has ended at Siemens Gamesa Renewable Energy (SGRE), which reported a decline in revenues, but also a record order intake. In its outlook, the wind turbine supplier sees boosts in several markets, such as the green hydrogen plans in the EU, Democrats’ push for net-zero 2050 in t
French seismic player CGG has narrowed its quarterly loss despite revenues falling some 26 per cent compared to same time last year. For the quarter ended 30 September, CGG recognised loss of $93 million, against loss of $147 million in the prior year comparable period. Adjusted net loss from contin
Houston-based ION Geophysical booked net loss in the third quarter 2020 of $16.6 million, or a loss of $1.16 per share, compared to a net loss of $3.7 million, or a loss of $0.26 per share in the third quarter 2019. The company reported total net revenues of $16.2 million in the third quarter 2020,
Norwegian geophysical services company EMGS has booked its third loss this year as market continues to be very challenging for seismic players. The Oslo-listed firm posted Q3 2020 loss of $4.2 million, versus profit of $5.1 million in Q3 2019. Revenues for the quarter fell at $2.1 million from $26.9
Production shut-ins and project delays caused by the busy storm season in the Gulf of Mexico resulted in Talos recording a decrease in quarterly revenues.
US-based drybulk shipowner Genco Shipping & Trading Limited is moving forward with its fleet renewal programme as it agreed the sale of three Supramax vessels.
Australian LNG operator Santos said it has secured a $750 million five-year bank loan maturing January 2026.
The Netherlands-based cable logistics company WIND has officially established a branch office in Taiwan. WIND’s cable crew mobilized all the handling equipment and is ready to start the first renewable storage project next week, the company said. “We are proud that our clients requested us to extend
Norwegian shipowner GC Rieber Shipping has slipped into the red in the third quarter of 2020 on its marine seismic market share. As a result, the Oslo-listed GC Rieber booked loss of NOK 27.5 million, against profit of NOK 17.3 million same time last year. The company had a fleet utilisation of 100
Japanese offshore drilling contractor Japan Drilling Company (JDC) has been awarded a new drilling contract by Pertamina for operations offshore Indonesia.
