Oceaneering has reported a net loss of $35 million, or 36 cents per share, for the three months ended June 30, 2019. The result compares with net loss of $33 million same time last year. During the prior quarter ended March 31, 2019, Oceaneering reported a net loss of $25 million, or 25 cents per [&
Engineering and construction specialist Subsea 7 has seen its profit cut in the quarter ended June 30, 2019 as activity drop continues in renewables and heavy lift business units. The Oslo-listed firm posted quarterly profit of $24 million, or $9 cents per diluted share, on revenue of $958 million,
TechnipFMC has reported second-quarter 2019 profit of $97 million or 21 cents per diluted share. The services major has seen a 8 percent decrease compared to net profit of $106 million same time last year. The results were affected by after-tax charges and credits totaling $78.6 million of expense,
Royal Boskalis Westminster N.V. (Boskalis) today announced a contract award by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The contract carries a value of approximately EUR 70 million. The causeway forms part of the Ministry of Works strategic plan to improve the exist
U.S. oil and gas company Noble Energy has chosen the tubes supplier Tenaris for the construction of the Alen gas monetization project offshore pipeline in Equatorial Guinea.
Tenaris has been awarded the offshore export pipeline for the Noble Energy’s Alen Gas Monetization Project in Equatorial Guinea. This 70-kilometer pipeline will be constructed to transport natural gas from the Alen offshore platform to existing onshore processing facilities on Bioko Island. The proj
Malaysian operator Hibiscus Petroleum has achieved first oil in the North Sabah PSC offshore Malaysia.
Carnarvon Petroleum has revealed plans to raise around $84 million via two share placements for funding further work on the Dorado discovery and other purposes.
Tullow Oil and its partners have decided to drill an exploration well in Block 47 located offshore Suriname next year.
TechnipFMC’s flagship deepwater pipelay and construction vessel Deep Blue is embarking on a major subsea project laying pipeline on the Peregrino Phase 2 Project in the Campos Basin offshore Brazil.
TenneT has awarded ELA Container Offshore with a framework contract for the supply of accommodation containers on four HVDC converter platforms in the German North Sea. Under the contract, the company will supply a minimum of 40 ELA Premium Plus containers. ELA Offshore is also in charge of providin
TenneT has awarded ELA Container Offshore with a framework contract for the supply of accommodation containers on four HVDC converter platforms in the German North Sea. Under the contract, the company will supply a minimum of 40 ELA Premium Plus containers. ELA Offshore is also in charge of providin
Survey works are starting at a listed bridge in Bradford, to create a detailed design to reduce flood risk in the area for the Leeds Flood Alleviation Scheme, informs the Environment Agency. The work is being carried out by contractors BMMjv at Apperley Bridge and is expected to last 4 weeks. The su
Australian LNG player Woodside Energy has entered into a long-term gas sale and purchase agreement with Worsley Alumina joint venture for the supply of approximately 40 PJ of pipeline gas.
