SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JimisJim who wrote (24301)2/8/2016 7:06:34 AM
From: Ditchdigger   of 34328
 
I suspect this is just the beginning of this type of operating model for GE and others.
With GE flush with cash you'd thing their O & G division would be licking it's chops in this market.

- First-of-its-kind service agreement is a new model for offshore drilling industry
- Diamond Offshore's Pressure Control by the Hour™ model includes performance incentives to reduce downtime and improve system reliability for Diamond Offshore and its customers
- Under the arrangement, GE Oil & Gas will provide "engageDrilling™ Services" for Blowout-preventer (BOP) systems on Diamond Offshore's four 6th-Generation drillships, including management of maintenance, certification and reliability
- BOP systems included in the arrangement will be owned by GE
finance.yahoo.com

OT--coldest weather of the year on the way this week for my neck of the woods.
Talk of an NG fired generation plant pulling gas with a spur line from Kidner's proposed pipeline near the closed Vermont Yankee nuke plant in Vernon is in the air around here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext