Denmark’s offshore drilling contractor Maersk Drilling made a profit of USD 146m in the first quarter of 2013, an increase from USD 123m earned in the same period of 2012. The increase in profit was mainly due to general higher operational uptime in Q1 2013. All of Maersk Drilling’s 16 jack-ups and floaters, the 10 drilling barges [...]
BP today announced its financial results for the first quarter of 2013. Underlying replacement cost profit for the quarter was $4.2 billion, compared to $3.9 billion in the fourth quarter and $4.7 billion in the first quarter of 2012.
Thailand’s oil company PTTEP today revealed its first quarter Operating Results and the company performance. 1st Quarter Operating Results (Unreviewed): Net profit of USD 680 million, an increase of 15% The company and its subsidiaries posted a net profit of USD 680 million (equivalent to 20,258 million baht), an increase of USD 91 million or 15% [...]
French oil giant Total today reported its adjusted net income for the first quarter of 2013. The group’s adjusted net income was $3.8 billion, a 6 per cent drop when compared to $4.0 billion achieved in the same period a year before. Commenting on the results, Christophe de Margerie, Chairman and CEO said :”The Group delivered [...]
U.S. oil supermajor, ExxonMobil, today reported its net income for the 1st quarter 2013 of $9,5 billion, which is a 1% or ,in dollars, a $50 million increase when compared to the earnings from the same period in 2012. The company’s Upstream earnings were $7,03 billion in the first quarter of 2013, down $765 million [...]
Diamond Offshore Drilling, Inc. today reported net income for the first quarter of 2013 of $176 million, or $1.27 per share on a diluted basis, compared with net income of $185 million, or $1.33 per share on a diluted basis, in the same period a year earlier. Revenues in the first quarter of 2013 were [...]
Seadrill, an international offshore drilling contractor today reported that its consolidated revenues for the fourth quarter of 2012 amounted to US$1,215 million compared to US$1,092 million in the third quarter 2012. Operating profit for the quarter was US$441 million compared to US$413 million in the preceding quarter. Net financial items for the quarter showed a [...]
Australia’s Woodside today reported a record full-year profit after tax of $2,983 million, up 98% (2011: $1,507 million) An underlying net profit after tax of $2,061 million was achieved (up 25% compared to previous year), excluding non-recurring items. These results were underpinned by a 31% increase in production and an associated 30% increase in sales [...]
Dana Gas PJSC, the Middle East’s leading regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2012: Dana Gas recorded net profit growth of 20% in 2012, increasing to US$ 165 million (AED 605 million) from US$ 138 million (AED 506 million) in 2011, reflecting higher [...]
Thailand’s oil company, PTTEP, today posted a 2012 recurring net profit of USD 1,846 million , an increase of USD 378 million or 26% compared to its net profit of USD 1,468 million in 2011. In 2012, the total revenue of PTTEP and its subsidiaries was USD 7,021 million , an increase of USD 1,336 [...]
