In line with the guidance announced on 11 April 2011, Leighton Holdings Limited announced a loss after tax (unaudited) of $382m for the nine months to 31 March 2011 from total revenue of $13.8bn and expects to report a loss after tax of $427 million for the 2010/11 financial year. A summary of finan
For the three-month period that ended on 31 March 2011, total service income of the Group was Baht 1,144 million, an increase of Baht 425 million, or 59.1%, from Baht 719 million for the three-month period that ended on 31 March 2010 . The increase in revenues of Baht 425 million was mainly due to [
* First quarter revenue of $279 million increased by 24% from the $225 million reported in the first quarter of 2010 but was lower than the $292 million reported in the fourth quarter of 2010. * EBITDA in the first quarter increased by 36% to $41.4 million from $30.4 million in the first quarter of
ABP Marine Environmental Research Ltd (ABPmer) has been commissioned by the Alderney Commission for Renewable Energy (ACRE) to provide independent advice on the Environmental Statement relating to a current marine renewable energy development proposal in Alderney waters. The Alderney Commission for
GC Rieber Shipping is optimistic about the further development in 2011. “All the company’s vessels are now on relatively long contracts, which will contribute to solid and stable earnings going forward. In addition, we consider the outlook to be good in our market segments from 2012”, says CEO Irene
Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, reported that profit for the period jumped over 8-times to a record US$5.7 million for the three months ended March 31, 2011 on the back of a 292.2% increase in revenue to US$26.1 million. Sequentially, revenue grew by 2
The very mention of coral reefs instantly conjures images of tropical seas, white sandy beaches and palm trees; you may have even heard of tropical coral reefs being referred to as the rainforests of the sea. Whilst all of this may be true, emerging evidence has highlighted that cold-water corals al
Deep Sea Supply reports consolidated revenues of MUSD 24.0 in 1Q 2011 compared to MUSD 26.1 in 1Q 2010. Total operating costs in 1Q 2011 were MUSD 21.9 compared to MUSD 17.4 in 1Q 2010. This resulted in EBITDA of MUSD 2.0 in 1Q 2011. Net financial items were negative MUSD 9.4, including unrealized c
Jee, a pipeline, riser and subsea engineering and training company for the oil, gas and renewables industries, announces that industry specialist Jonathan Lindsay joined its management team on 1 May 2011. Jonathan will head up the Aberdeen office and be responsible for operations and performance. Jo
McDermott International, Inc. reported income from continuing operations of $68.8 million, or $0.29 per diluted share, for the 2011 first quarter. The results of the 2011 first quarter compare to income from continuing operations of $51.6 million, or $0.22 per diluted share, in the corresponding per
Commenting on the first quarter results, Christian Lefèvre, Chief Executive Officer of BOURBON, said: ““As anticipated at the end of 2010, the market recovery is contributing to pushing vessel utilization rates up to 83.1% whilst daily rates are slightly higher than those in the fourth quarter of 20
THE impact that tidal energy generation could have on Pembrokeshire’s marine environment is to be studied by scientists. by Rachael Misstear (walesonline) [mappress] Source: walesonline, May 11, 2011
Emerson Process Management has launched the latest version of its production management system, Roxar Fieldwatch 2.3. The new version incorporates a wide range of Emerson’s reservoir monitoring instrumentation, providing operators with a more complete picture of the reservoir and of production activ
Case Western Reserve University and a major Chinese oil company agreed Tuesday to work together on research that they hope will lead… By Stephen Koff (cleveland) [mappress] Source: cleveland, May 11, 2011
