Oilfield Services Firm Hunting Says 1Q Earnings in Line with Expectations

Oilfield services group Hunting Plc said on Wednesday its first-quarter earnings were in line with expectations despite a hit to the company's Texas facilities in February when the U.S. state faced severe cold weather.

The company said it recorded a small core loss in the quarter due to subdued offshore drilling activities throughout the second half of 2020 that carried into this year. 

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Krishna Chandra Eluri)

Current News

Cadeler’s WTIV Newbuild Arrives to Rotterdam Ahead of Maiden Job

Cadeler’s WTIV Newbuild Arrive

LR and SHI Join Forces for Green Ammonia FPSO System

LR and SHI Join Forces for Gre

BP, Equinor, Shell and TotalEnergies Pledge $500M to Boost Energy Access

BP, Equinor, Shell and TotalEn

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Seatrium Delivers Fifth Jack-U

Subscribe for OE Digital E‑News

Offshore Engineer Magazine