Transocean Ltd., the world's top offshore driller for enegy producers, posted first-quarter net income on Wednesday of $456 million, a 42 percent rise from a year ago, thanks to an uptick in revenue and lower costs and taxes.
Operating revenues rose 7 percent to $2.34 billion while costs fell 5.8 percent to $1.6 billion.
(Reporting By Terry Wade)
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Join us at the Workboat Show for lunch and a panel discussion on emerging USCG cyber security rules and their potential impact on vessel owners and operators.
ABS Wavesight™, the ABS-affiliated software-as-a-service company, is proud to announce the release of web-based modules within the Nautical Systems (NS) fleet management platform.
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