Global Industries third-quarter earnings fall

NEW YORK, Oct 31 (Reuters) - Global Industries Ltd (GLBL.O: Quote, Profile, Research, Stock Buzz), which builds pipelines and provides marine support for the oil and gas industry, said on Wednesday that third-quarter earnings fell, hurt by lower construction activity offshore Mexico.

The company said third-quarter net income fell to $31.5 million, or 27 cents per share, compared with $63.7 million, or 54 cents per share in the same period a year earlier.

The company said third-quarter revenue fell to $203.5 million down from $316.9 million in the third quarter of 2006.

(Reporting by Emily Chasan)