A recovery in US Gulf of Mexico offshore activity helpedlift net income for the final three months of the year to $25.6m from a loss of$4.9m a year earlier.

Revenue for the period hit a record high of $124.6m upby over 25% from the $95m booked in the final leg of 2012.

Full year net profit spiralled to $70.6m from $19.3m in 2012while revenue rose by 17% to $454.6m