Big Dog's Boom Boom Room Message Board

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gpphantom who wrote (45)	3/20/2001 9:53:19 AM
From: Big Dog	Read Replies (2) of 206338

Hope no one else was hurt. Now the question is, "Does Petrobras charter in another unit or do they build another, or both?" Tough choice. They will want to get production back on line ASAP so they will try to find a unit that can do the job. The problem is that unlike a drilling rig (which is pretty much standard) this production job is nothing but standard, and a unit must be equipped specifically for the requirements of this location/job. So at the least, you will likely have a conversion to an existing unit. Bad news for Coflexip who lost the biggest "plumbing" contract in the history of the company! The market is tight and getting tighter every day. Losing a unit like this only makes it worse (or better, depending on ones perspective). big

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next