Eidesvik Offshore has delivered a positive result for the second quarter on the back of higher revenue.
The Norwegian owner reported net profit of NOK 201.1m ($25.7m), bouncing back from a NOK 27m loss a year ago.
Its revenue stood at NOK 215.8m, against NOK 180m in the corresponding period of 2016.
Eidesvik said the subsea fleet maintained a good utilisation level in the first half of 2017 but lower activity is expected in the next months.
