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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (63728)4/4/2000 9:36:00 AM
From: SargeK  Read Replies (1) | Respond to of 95453
 
John,

I will try to broaden focus - after this: FGH Snap Shot of Business >g<

Current Commercial Contracts Underway:
marinelog.com
Note: As previously mentioned, delivery of the 2 Petrodrill semi's is in the process (per agreement of parties, subject to MARAD & Board approval) of being extended until next year.

REMINDER: The draft FPSO Environmental Impact Statement (EIS) for the GOM is due out this month or next. I suspect a lot of potential business has been placed on HOLD until this document can be reviewed by concerned parties.

"The EIS will assess the environmental effects of the use of FPSO?s in the Gulf of Mexico by examining a hypothetical 1,000,000-barrel storage FPSO that would receive hydrocarbon production. Smaller shuttle tankers would periodically offload the production from the FPSO for transport to port. A high-case scenario with 2.3 million barrel storage will also be examined.
The contract calls for a draft environmental impact statement to be released for public comment in (March/April 2000) and public hearings to be held in April/May 2000. A final EIS that will consider all comments received is planned to be released in September/October 2000."
gomr.mms.gov

K