The deepwater-focussed rig contractor posted a net loss of$12.2 million in the three months to September, compared with a $49.1 millionprofit in the year-ago period.

Revenue rose to $285.6 million, with total backlog standingat $4.42 billion.

The charges included a 10-year class survey for the EirikRaude at a cost of $16.8 million, cash writeoffs associated with loan repayment totaling$18.3 million, and interest rate swap charges of $3.3