Petrofacs earnings for the first half of the year rose 6.6 per cent to US$246mn compared with the same period last year and revenues increased by 25.2 per cent to US$2.7 billion as the result of new awards.
Industry
DNO has strong operational performance in Q2
DNO International had an impressive second quarter of 2011 with increased production to 48,582 barrels of oil per day (bopd) and the doubling of the reserves at the Tawke field in Iraq.
MIS posts weaker Q2 earnings
Foster Wheeler Q2 profits fuelled by power division
Foster Wheeler AG recently reported net income for the second quarter of 2011 of US$63.3mn, compared with US$58.9mn, in the second quarter of 2010.
Belarussian firm withdraws from Iran
More Articles …
