Oilex has said it will continue to “review business opportunities” in high potential areas despite taking a financial hit due to the Covid-19 pandemic.
Simec Atlantis has praised the performance of its tidal and engineering services division after halving its pre-tax losses in a year.
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
Offshore engineering firm Aker Solutions slipped into the red in the first quarter of 2020 as the firm faces a "disruptive" year due to market uncertainty.
Oilfield services firm Subsea 7 has reported a pre-tax loss and revenue drop for the first quarter of 2020.
Profits dived at Danish conglomerate Maersk in the third quarter despite strong showings from its oil and drilling businesses.
North-east company Dales Marine Services (DMS) and its parent have suffered sharp falls in their annual profits.
Wood Group confirmed the slide in oil price has hit its financial results. In a pre-close trading update for the first half of the year, the company said despite the dip it still expects full-year earnings before interest, tax and amortisation (EBITA) to adhere to analyst expectations.