Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: BigBull who wrote (61118)	2/29/2000 6:11:00 PM
From: upanddown	Read Replies (1) of 95453

Bull Re FPSO approval in GOM... Under Minerals Management Service (MMS), part of Interior. It seems to be stuck in a bureaucratic morass, a multi-year study. Very hard to find any information about timing of decision. Lack of FPSO's in the GOM brings up a question that I haven't been able to answer, here or elsewhere.....if not FPSO's in the Gulf, then what? A number of deepwater projects completed...what will be needed to produce them? Lots of idle production platforms but will they and can they be used in deepwater? Will deepwater GOM require a lot of platforms or is it mostly subsea work to link together and share facilities? Lots of ramifications for the fabs and subsea construction companies. John

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