Dril-Quip, Inc. today announced that Dril-Quip Asia Pacific Pte Ltd, its wholly owned subsidiary, in conjunction with its local representative UMW Petrodril (Malaysia) Sdn. Bhd., has been awarded a contract to supply drilling and production equipment and related services to Sabah Shell Petroleum Company Limited for the Shell Malikai TLP project located offshore Malaysia in [...]
Dril-Quip, Inc. announced today that Terence B. Jupp has been appointed to its Board of Directors upon the recommendation of its Nominating, Governance and Compensation Committee. Jupp, 53, has been Chief Operating Officer of CASA Exploration, a recently formed oil and gas exploration company, since January 2012. From September 2009 until January 2012, Jupp was [...]
Dril-Quip, a U.S. based company that designs, manufactures and sells drilling and production equipment today announced net income of $28.8 million, for the quarter ended March 31, 2012, compared to net income of $21.7 million for the first quarter of 2011. Total revenues were $177.1 million during the first quarter, 2012 compared to $137.7 million [...]
Dril-Quip, Inc. today announced that Judge Carl J. Barbier, the federal court judge in the Eastern District of Louisiana presiding over the multi-district proceeding In Re: Oil Spill by the Oil Rig “Deepwater Horizon” in the Gulf of Mexico, on April 20, 2010, issued an order on January 20, 2012 granting Dril-Quip’s Motion for Summary [...]
January 24, 2012 | Posted in
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Dril-Quip, Inc. yesterday announced that J. Mike Walker has retired and is stepping down from his positions as Chairman of the Board and Chief Executive Officer and as a member of the Board effective immediately. As a result of Mr. Walker’s retirement, the board of directors has appointed John V. Lovoi as Chairman of the [...]
![USA: Dril-Quip Reports Q2 Net Income of USD 22.2 Million]()
Dril-Quip, Inc. today announced net income of $22.2 million, or $0.55 per diluted share, for the three months ended June 30, 2011, versus net income of $28.0 million, or $0.70 per diluted share, for the second quarter of 2010. Total revenues were $137.0 million for the quarter ended June 30, 2011 compared to $142.0 million [...]
![Singapore: Dril-Quip to Provide Murphy Sabah Oil Company with Drilling and Production Equipment]()
Dril-Quip, Inc. today announced that Dril-Quip Asia Pacific PTE Ltd, its wholly owned subsidiary located in Singapore, has been awarded a contract valued at approximately US$39 million by Murphy Sabah Oil Company, Ltd. to supply drilling and production equipment for the Kikeh Dry Tree Spar Platform which is located offshore Malaysia in approximately 1,330 meters [...]
June 22, 2011 | Posted in
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![USA: Dril-Quip to Supply Drilling Equipment for Chevron’s Big Foot TLP]()
Dril-Quip, Inc. today announced that it has been awarded a contract by Chevron U.S.A. Inc. to supply drilling equipment for the Big Foot Tension Leg Platform (TLP) to be installed in the Big Foot field located in the Walker Ridge area of the Gulf of Mexico. Dril-Quip will provide subsea wellhead equipment and specialty connectors [...]
![USA: Dril-Quip Posts 4Q 2010 Net Income of USD 20.9 Million]()
Dril-Quip, Inc. today announced net income of $20.9 million, or $0.52 per diluted share for the three months ended December 31, 2010, versus net income of $28.7 million, or $0.72 per diluted share for the fourth quarter of 2009. The fourth quarter 2010 results include an after-tax charge of $4.8 million, or $0.12 per [...]
![USA: Dril-Quip Co-Chairman to Step Down as Co-CEO]()
Dril-Quip, Inc. today announcedthat Larry E. Reimert, Co-Chairman and Co-CEO,willstep down from his duties as Co-CEO effective January 1, 2011, in order to concentrate onhiscancer related health issues. Mr. Reimert will retain his duties as Co-Chairman and will act as Technical and Strategic Advisor for the Company on a part time basis. Mr. J. Mike [...]
