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GMS wins long-term contract for one of its vessels in GCC

Gulf Marine Services (GMS) has announced the award of a new long-term contract for one of its vessels in the GCC, which takes its backlog to $464 million. The contract spans a total of five years, inclusive of optional extensions, and contribu

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GMS wins long-term contract for one of its vessels in GCC

Gulf Marine Services (GMS) has announced the award of a new long-term contract for one of its vessels in the GCC, which takes its backlog to $464 million. The contract spans a total of five years, inclusive of optional extensions, and contribu

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Noble Q2 net income more than doubles to $195m

Noble Corporation’s second-quarter (Q2) net income more than doubled to $195 million, up from $95 million in Q1 2024, and adjusted EBITDA increased to $271 million up from $183 million in Q1 2024.    N

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Noble Q2 net income more than doubles to $195m

Noble Corporation’s second-quarter (Q2) net income more than doubled to $195 million, up from $95 million in Q1 2024, and adjusted EBITDA increased to $271 million up from $183 million in Q1 2024.    N

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Presight Q1 pre-tax net profit jumps 45.8pc to $28.75m

Presight AI Holding has posted a 45.8% jump in first-quarter pre-tax net profit to AED105.6 million ($28.75 million) with a pre-tax net margin of 40.3% underpinned by an increasing proportion of multi-year contracts.  

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Presight Q1 pre-tax net profit jumps 45.8pc to $28.75m

Presight AI Holding has posted a 45.8% jump in first-quarter pre-tax net profit to AED105.6 million ($28.75 million) with a pre-tax net margin of 40.3% underpinned by an increasing proportion of multi-year contracts.  

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Arabian Drilling posts all-time record revenue of $930m in 2023

Arabian Drilling, a leading national onshore and offshore drilling contractor in Saudi Arabia, has posted an all-time high record revenue of SR987 million and SR3.48 billion ($930 million), for the Q4 2023 and full-year 2023 respective

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Arabian Drilling posts all-time record revenue of $930m in 2023

Arabian Drilling, a leading national onshore and offshore drilling contractor in Saudi Arabia, has posted an all-time high record revenue of SR987 million and SR3.48 billion ($930 million), for the Q4 2023 and full-year 2023 respective

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Arabian Drilling achieves all-time record backlog of $3.4bn

Arabian Drilling, Saudi Arabia’s national drilling champion, is seeing an all-time high record backlog of SR12.7 billion ($3.4 billion) and a solid 18% YoY increase in nine-month (9M) adjusted net income to SR422 million.  

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Arabian Drilling achieves all-time record backlog of $3.4bn

Arabian Drilling, Saudi Arabia’s national drilling champion, is seeing an all-time high record backlog of SR12.7 billion ($3.4 billion) and a solid 18% YoY increase in nine-month (9M) adjusted net income to SR422 million.  

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