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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (3800)8/27/2001 8:03:31 AM
From: Ken Robbins  Read Replies (2) | Respond to of 206325
 
WWL radio reports that rebels have taken hostages on the Triton A rig off the west coast of Africa. The report said that the hostages have now been released.



To: energyplay who wrote (3800)8/27/2001 6:26:49 PM
From: Aggie  Respond to of 206325
 
energyplay, how does this sound, you may have heard it before a few months ago:


"Our Company has established new global benchmarks for the generation of exceptional shareholder wealth through an aggressive and innovative programme of cost cutting on its new production facility. Conventional constraints have been successfully challenged and replaced with new paradigms appropriate to the globalised corporate market place.

Through an integrated network of facilitated workshops, the project successfully rejected the established constricting and negative influences of prescriptive engineering, onerous quality requirements, and outdated concepts of inspection and client control.

Elimination of these unnecessary straitjackets has empowered the project's suppliers and contractors to propose highly economical solutions, with the win-win bonus of enhanced profitability margins for themselves. The new platform shows the shape of things to come in unregulated global market economy of the 21st Century."


Sound good? The Quotation is from a high level Petrobras Executive, extolling the benefits of cutting quality assurance and inspection costs, on the P-36 semisubmersible production facility after its launch. This is the one that sank into the Atlantic Ocean off the coast of Brazil in March, killing 11.

Be careful out there, and remember that the bean counters rule this business only if you let'em.

Aggie