SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2011

Summarized Financial Information

Summarized financial information is shown in the following tables:

	Three Months Ended June  30,						Six Months Ended June  30,
	2011			2010			2011			2010
	(Unaudited) (In thousands)
Revenues:
Asia Pacific	$	547,833		$	224,078		$	1,022,646		$	444,944
Atlantic		52,552			48,328			92,446			102,594
Middle East		249,416			354,738			633,949			584,488
Total revenues	$	849,801		$	627,144		$	1,749,041		$	1,132,026
Segment revenues include the following intersegment transfers and eliminations:
Atlantic	$	217		$	5,234		$	297		$	9,042
Middle East		—			330			—			330
Eliminations		(217	)		(5,564	)		(297	)		(9,372	)
Total adjustments and eliminations	$	—		$	—		$	—		$	—
Operating income:
Asia Pacific	$	58,511		$	30,484		$	97,390		$	75,105
Atlantic		(16,607	)		(23,369	)		(34,244	)		(26,716	)
Middle East		41,875			91,027			120,931			122,940
Total operating income	$	83,779		$	98,142		$	184,077		$	171,329
Capital expenditures:
Asia Pacific	$	11,431		$	701		$	38,417		$	7,184
Atlantic		54,148			22,338			82,900			32,681
Middle East		5,781			22,016			13,492			51,593
Corporate		6,336			4,149			6,873			6,158
Total capital expenditures(1)	$	77,696		$	49,204		$	141,682		$	97,616
Depreciation and amortization:
Asia Pacific	$	6,616		$	3,698		$	12,352		$	9,083
Atlantic		3,448			4,658			7,241			9,747
Middle East		6,566			6,503			13,929			11,404
Corporate		2,944			4,177			6,577			7,589
Total depreciation and amortization	$	19,574		$	19,036		$	40,099		$	37,823

⁽¹⁾  Total capital expenditures excludes $6.9 million and $10.5 million in accrued capital expenditures for the six months ended June 30, 2011 and 2010, respectively.

	June 30, 2011		December 31, 2010
	(Unaudited)
	(In thousands)
Segment assets:
Asia Pacific	$	838,350	$	564,403
Atlantic		362,076		265,607
Middle East		854,925		1,302,398
Corporate		559,961		378,969
Total continuing operations		2,615,312		2,511,377
Total discontinued operations		91,985		87,311
Total assets	$	2,707,297	$	2,598,688