Posts Tagged ‘oslo-listed’
The Oslo-listed player has signed up for the single MT 6022-design unit at compatriot builder Kleven Verft with a price tag of around 600 million Norwegian kroner ($104.56 million).The vessel, which will be 108 metres long, will be delivered in the first quarter of 2014 when it will go on charter
The Oslo-listed company saw net profit drop 11% year-on-year to Nkr548.5 million ($95.3 million), although revenue was up 13% at Nkr1.9 billion on higher dayrate earnings as well as completion of engineering and fabrication projects at the Harland & Wolff yard including the Sea Rose FPSO drydocking.
The Oslo-listed company, which recently initiated a strategic review that could result in a sale, earned quarterly net income of $3.7 million to reverse a loss of $3.8 million a year ago, giving it a $3 million gain for the first nine months versus a loss of $5 million
The company reported net income of $86.9 million, compared with $13.5 million a year earlier and versus expectations of $67 million, as revenue increased 14% year-on-year to $388.3 million, mainly due to higher pre-funding of multi-client seismic surveys.Operating profit of $111 million, a rise of 149