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To: Platter who wrote (32395)12/3/1998 11:38:00 AM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Re FGI -- I would love to hear more about this "bid for FGI at $24". Any details appreciated.

FGI put out a press release yesterday about an EVA job which said nothing. The meat behind the release, from the best I can tell, is that the second EVA conversion job which was awarded to TDI Halter (FGI got the other five), is being moved to FGI for final outfitting and completion. I think this is about a USD 60 million job...but I don't know for sure.

If what I say is true, this is a great new job for FGI. It also begs the question of WHY did Noble move the rig from TDI to FGI for completion?

big
loosbrock.com
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