With 667 exhibitors, 25,000m² floor space and visitors representing 99 nationalities, Offshore Energy Exhibition & Conference 2016 (OEEC) was not only a great success, the event also grew compared to last year. A great achievement in the current offshore energy market. 11,989 people came to Amsterda
Seismic contractor, Polarcus has posted quarterly loss as its revenues declined over 50 percent when compared to same time last year. The Oslo-listed company reported net loss for the quarter of $17.4 million or $0.03 per share, versus profit of $19.8 million in Q3 2015. During first nine months of
Petroleum Geo-Services (PGS), has narrowed its quarterly net loss despite a slight decline in revenue during the third quarter of 2016. The Oslo-listed seismic player, posted quarterly net loss of $29 million or 12 cents per share, compared with $110 million net loss or 51 cents per share in the cor
German offshore flight specialist Wiking Helikopter Service GmbH has taken delivery of the first of two Airbus H145 helicopters configured for offshore use. The two helicopters will be used to drop off harbour pilots, fly air rescue missions over the North Sea, and transport service technicians to o
French oil services provider, Technip, has boosted its third quarter 2016 result as it continues its cost reduction plan due to extended oil industry slowdown. In the second quarter 2016, Paris-based subsea major generated adjusted revenue of €2.9 billion, down some 6% compared to €3.1 billion in 3Q
Houston-based McDermott posted quarterly net income of $16.1 million, or $0.06 per fully diluted share, compared to net income of $3.7 million, or $0.01 per fully diluted share same time last year. Adjusted net income, before restructuring charges, came to 9 cents per share, flat with the correspond
As previously announced, readers/viewers of Offshore WIND on Wednesday had a chance to follow a live stream of the on-air talk show themed “From bust to boom,” recorded on the exhibition floor of the Offshore Energy Exhibition and Conference, being held in Amsterdam, the Netherlands. The session had
Offshore WIND crew are at the Offshore Energy Exhibition and Conference in Amsterdam, the Netherlands. On the second and final day of the event, we will be live streaming two talk shows from Community Square at the exhibition floor. First up is a talk show themed “From bust to boom” where there will
This year’s Offshore Energy Exhibition and Conference (OEEC) being held in Amsterdam has provided another successful technical session on Subsea Processing. The session, moderated by Pieter Swart, Subsea Pipeline Principal, Shell Projects & Technology, discussed the latest developments in subsea and
Spanish energy company Iberdrola’s renewables division recorded a gross operating profit (EBITDA) of EUR 1.14 billion in the first nine months of 2016, down 3.3% compared to the first nine months of 2015, due to the poorer performance and the exchange rate effect in the United Kingdom. The company’s
Fugro has been awarded a contract by Vineyard Wind, formerly named OffshoreMW, to perform a marine geotechnical site investigation within its wind development lease, offshore Massachusetts. The company’s 105-meter drilling vessel M/V Fugro Synergy will perform the study, which will include numerous
UK based company, SeaPlanner Ltd, is to launch an international tender for businesses in the South East Asia offshore wind market interested in entering a reseller agreement for the company’s marine management software solution – SeaPlanner. SeaPlanner is a management and monitoring system which has
Oil & gas supply chain sector should start looking into ways to diversify into renewables as oil is expected to gradually lose its share in the fossil fuel mix and renewables are projected to be the fastest growing fuel source, Paul Appleby, BP’s head of Energy Economics, said during a panel discuss
Oil & gas supply chain sector should start looking into ways to diversify into renewables as oil is expected to gradually lose its share in the fossil fuel mix and renewables are projected to be the fastest growing fuel source, Paul Appleby, BP’s head of Energy Economics, said during a panel discuss
