Energy Update

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* Shares drop 10 percent on outlook (Adds material on Fugro stake, CEO comments, shares)

* Warns profits, dividends will fall further (Recasts, adds fresh CEO quote, shares)

* Domestic installed capacity likely at 53 GW by 2020 (Adds quotes, details on overseas deals)

* But slowing China economy raises concerns of stalling demand

March 9 (Reuters) - Irish oil producer Petroceltic International Plc said the country's High Court approved the appointment of Michael McAteer as the company's interim examiner.

TRIPOLI, March 9 (Reuters) - Five years after the uprising that overthrew Muammar Gaddafi, Tripoli is on edge, somewhere between peace and war.

LONDON, March 9 (Reuters) - Iran has managed to sell only modest volumes of oil to Europe since the lifting of sanctions seven weeks ago and several former buyers are staying away, citing legal complications and Tehran's reluctance to sweeten terms to win back customers.

RIYADH, March 9 (Reuters) - Saudi Arabia's plans for economic reform foresee winding down 'jobs for life' in an inefficient state bureaucracy and replacing them with new careers in a dynamic private sector.

* Sees 2015/16 global palm oil production declining by 200,000 T

Joseph Conrad said, "There is nothing more enticing, disenchanting, and enslaving than the life at sea". Platts Konstantinos Tsolakis gives an account of the maritime industry today.

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