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

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To: elmatador who wrote (100744)	5/11/2008 10:43:44 PM
From: SEDCO 445	Read Replies (1) of 206086

El , Brazil seems to be doubly aggressive in solving the 2 parallel issues on fuels, I commend their approach. I like the Brazilian models on Fashion TV also Hydrocarbons from the deepwater areas and biofuels from Sugar Cane. I wish we had a government that would cooperate to address the energy problems in the USA. Additionally Petrobras seems to have always had a good Rig contracting strategy, able to give longer terms and get cheaper rates. Let's see how their strategy pans out this week or next for the 'newbuild rig spree'. It should be very interesting. The comments on raw materials is very valid. Steels for the HP piping , the marine risers and HP choke and kill lines, etc. All the various "Rig Packages" componens that NOV supplies, and as the say NOV= No Other Vendor. Watch that one move next week. JMHO Sedco 445 a Deepwater Pioneer

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