BMT Group Ltd (BMT), the international design, engineering and risk management consultancy, has announced another strong financial performance for the year to 30 September 2012. By focusing on markets where it can deliver high-value customer solutions, revenues from BMT’s continuing businesses rose 22% to £156m and underlying operating profits increased to £13.7m, a proportion of [...]
Norway’s Ulstein Group today reported an operating income for 2012 of NOK 2.27 billion and an operating profit of NOK 228 million. “We deliver a good result in a demanding market thanks to our competent and hardworking employees and an organisation that provide for execution and delivery precision. The good collaboration we have with our [...]
The U.S. Interior Department Secretary Ken Salazar yesterday, March 14, announced the findings of a Departmental review of Shell’s 2012 Arctic operations, which will help guide the conduct and oversight of future Arctic exploration. In January, Secretary Salazar directed the high-level review of Shell’s 2012 offshore drilling program in the Beaufort and Chukchi Seas – including the [...]
March 15, 2013 | Posted in
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Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in the number of outstanding shares as a [...]
ULSTEIN received DNB’s Innovation Award 2012 of 1 mill NOK in the National Final in Trondheim on 12 March 2013. ULSTEIN BRIDGE VISION™ is a concept for a modern ship bridge where safety in complex operations has been given major focus. A total of close to 700 ideas were received for the contest. “ULSTEIN BRIDGE [...]
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Ocean Rig, an international offshore drilling contractor, recorded a net loss of $71.0 million, or $0.54 basic and diluted loss per share, for the three-month period ended December 31, 2012, as compared to a net income of $36.5 million, or $0.28 basic and diluted earnings per share, for the three-month period ended December 31, 2011. Adjusted EBITDA was [...]
LUKOIL, Russia’s largest privately-owned oil company has published consolidated US GAAP financial statements for 2012. The Company, lead by the billionaire Vagit Alekperov, said its 2012 net income rose by 6.2% and reached record $11,004 million. EBITDA (earnings before interest, taxation, depreciation and amortization) rose by 1.7% and reached $18,915 million. Sales revenues were $139,171 [...]
2012 was a satisfying year in terms of performance and for the first time Denmark’s Ramboll delivered revenue of EUR 1 billion, equivalent to DKK 7.6 billion. Operating profit before goodwill amortisation (EBITA) amounted to DKK 406 million. This growth is driven by strong performance in Scandinavia and in particular within Oil & Gas and [...]
Kreuz Holdings Limited, an integrated subsea service provider for the oil and gas industry, today reported that the Group’s net profit jumped 49.0% to US$39.7 million for the full year ended December 31, 2012 (“FY2012”) as compared to US$26.6 million in the previous corresponding period (“FY2011”). This was achieved on a 25.8% increase in revenue [...]
Sembcorp Marine recorded a full year net profit of $538 million amid challenging operating environment in 2012. Earnings per share for the Group were 25.8 cents while Return on equity was 22.2%. Group net profit at $538 million in 2012 was 28% lower as compared with $752 million a year ago. On a quarterly basis, [...]
