SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2012

Information about Operations in Different Segments

1. Information about Operations:

	Year Ended December 31,
	2012			2011			2010
Revenues:
Asia Pacific	$	1,575,682		$	1,898,033		$	870,410
Atlantic		474,061			267,019			183,001
Middle East		1,591,881			1,280,058			1,350,332
Total revenues(1)	$	3,641,624		$	3,445,110		$	2,403,743
Operating income:
Asia Pacific	$	242,148		$	202,969		$	88,012
Atlantic		(66,883	)		(174,152	)		(89,692	)
Middle East		144,062			221,906			316,585
Total operating income	$	319,327		$	250,723		$	314,905
Capital expenditures:
Asia Pacific	$	219,920		$	86,081		$	25,345
Atlantic		32,699			147,062			100,673
Middle East		29,736			35,762			47,851
Corporate and Other		3,955			13,716			12,993
Total capital expenditures	$	286,310		$	282,621		$	186,862
Depreciation and amortization:
Asia Pacific	$	23,797		$	25,698		$	19,002
Atlantic		24,589			15,348			17,681
Middle East		31,119			28,740			24,357
Corporate and Other		6,935			12,605			15,412
Total depreciation and amortization	$	86,440		$	82,391		$	76,452
Drydock amortization:
Asia Pacific	$	9,487		$	10,831		$	10,728
Atlantic		13,569			11,165			12,968
Middle East		2,489			2,571			2,509
Total drydock amortization	$	25,545		$	24,567		$	26,205

(1) Intercompany transactions were not significant for the years ended December 31, 2012 and 2011. For the year ended December 31, 2010, intercompany transactions of $20,129 in our Atlantic segment were eliminated at the consolidated level.

Significant Impact of Customers on Company Segments

Our customers, which significantly impacted our segments during the years ended December 31, 2012, 2011 and 2010 were as follows:

	% of Consolidated Revenues			Reportable Segment
Year Ended December 31, 2012:
Exxon Mobil Corporation		24	%		Asia Pacific
Saudi Aramco		22	%		Middle East
BHP Billiton Petroleum Pty Ltd.		10	%		Asia Pacific
Year Ended December 31, 2011:
Exxon Mobil Corporation		36	%		Asia Pacific
Saudi Aramco		24	%		Middle East
Chevron Corporation		10	%		Asia Pacific
Year Ended December 31, 2010:
Saudi Aramco		40	%		Middle East
Chevron Corporation		15	%		Asia Pacific
Exxon Mobil Corporation		10	%		Asia Pacific

Information about Service Lines and Operations in Different Geographic Areas

3. Information about our Service Lines and Operations in Different Geographic Areas:

	Year Ended December 31,
	2012		2011		2010
	(In thousands)
Service line revenues:
Offshore Operations	$	1,885,143	$	1,907,512	$	883,559
Fabrication Operations		487,215		446,426		412,048
Project Services and Engineering Operations		337,774		343,357		255,298
Procurement Activities		931,492		747,815		852,838
	$	3,641,624	$	3,445,110	$	2,403,743
Geographic revenues:
Australia	$	1,485,503	$	1,398,868	$	373,864
Saudi Arabia		1,057,930		955,929		966,504
Azerbaijan		268,419		5,022		4,899
United Arab Emirates		156,395		139,400		13,613
Equatorial Guinea		146,912		80,196		—
United States		119,785		57,472		108,377
India		98,305		94,503		3,868
Brazil		87,597		53,263		57,128
Malaysia		67,553		2,876		52,705
Trinidad		63,367		24,863		18,382
Vietnam		11,771		127,954		43,528
Qatar		9,910		83,028		352,508
Thailand		7,580		261,040		351,275
Other Countries		60,597		160,696		57,092
	$	3,641,624	$	3,445,110	$	2,403,743

Information about Segment Assets and Property, Plant and Equipment by Country

4. Information about our Segment Assets and Property, Plant and Equipment by Country:

	December 31,
	2012		2011		2010
	(In thousands)
Segment assets:
Asia Pacific	$	1,402,923	$	934,134	$	564,403
Atlantic		536,734		419,258		265,607
Middle East		1,006,284		1,065,478		1,302,398
Corporate and Other		387,686		515,176		378,969
Total continuing operations		3,333,627		2,934,046		2,511,377
Total assets attributable to discontinued operations		—		58,768		87,311
Total assets	$	3,333,627	$	2,992,814	$	2,598,688
Property, plant and equipment, net(2):
Singapore	$	324,106	$	139,258
Australia		212,955		63,065
United States		201,815		69,552
Indonesia		144,322		144,274
United Arab Emirates		110,292		322,233
Saudi Arabia		102,334		131,637
Mexico		61,390		65,039
Brazil		52,955		58,780
Spain		15,159		89,539
Other Countries		56,463		18,488
Total property, plant and equipment, net	$	1,281,791	$	1,101,865

(2) Our marine vessels are included in the country in which they were located as of year-end.

Other Information about Segment

5. Information about our Unconsolidated Affiliates:

	Year Ended December 31,
	2012			2011			2010
	(In thousands)
Equity in loss of unconsolidated affiliates:
Asia Pacific	$	(10,123	)	$	(4,432	)	$	(1,663	)
Atlantic		(6,016	)		(23	)		(5,408	)
Corporate and Other		(580	)		(530	)		(523	)
Total Equity in loss of unconsolidated affiliates	$	(16,719	)	$	(4,985	)	$	(7,594	)
Investments in unconsolidated affiliates:
Asia Pacific	$	31,377		$	37,855
Atlantic		3,909			1,804
Corporate and Other		2,149			3,000
Total Investments in unconsolidated affiliates	$	37,435		$	42,659