STX Europe reported an EBITDA of NOK 367 million for third quarter 2010 which is an increase from NOK 96 million in the third quarter 2009. The year-to-date EBITDA is NOK 660 million compared with NOK 177 million in the same period 2009. The result before tax in the third quarter 2010 was NOK 195 million compared with NOK -159 million in the same period last year. During the third quarter 2010 STX Europe received orders for NOK 4 413 million and increased its order backlog by NOK 486 million to NOK 29 279 million. The initial public offering of shares in STX OSV Holdings Limited on the Main Board of Singapore Exchange Trading Limited (SGX) was completed on 12 November 2010. STX OSV is the first Norwegian headquartered company with a primary listing in Singapore.