Koil Energy Solutions Inc. (KLNG): Bend Stiffener Latchers "January 30...

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JoeSmith

Re: alien42 post# 48812

Wednesday, 02/20/2008 2:34:56 PM

Wednesday, February 20, 2008 2:34:56 PM

Bend Stiffener Latchers

"January 30, 2008 – Deep Down, Inc. (OTCBB: DPDW) announced today that three Bend Stiffener (“BS”) Latchers, for the BC-10 project, were shipped to Singapore. These BS Latchers will be installed on the Client’s Floating Production, Storage and Offloading vessel (“FPSO”) which will be bound for Brazil upon its completion. An FPSO is a type of floating tank system used by the offshore oil and gas industry. It is designed to receive oil or gas produced from a nearby platform(s) and store it until the oil or gas can be offloaded onto waiting tankers, or sent through a pipeline."
http://www.deepdowninc.com/Press/2008/Release.036.DPDW.080130.BSLatcher.final.htm

#msg-26402752 FPSO being converted in Singapore
#msg-26421971 DD and name of the FPSO being converted
#msg-26450412 pictures showing BSL connections to FPSOs
#msg-26419567 close up of BSLs connected to a FPSO (when this was posted , I didn't realize it was a FPSO in the photo. thought it was a platform)

"Deep Down received an order from Oceaneering International for bend stiffener latchers for the Shell BC-10 project, further illustrating our support of operations in Brazil and our expanding international footprint."
http://www.deepdowninc.com/Press/2007/news_04-24-07a.htm

More BSL DD
#msg-26967928 -BSL - Bend Stiffener Latcher- construction/ assembly photos
#msg-26419904 10KSB/A excerpt
#msg-26405313

some search terms- Latcher BSL BC-10 Perdido Duco 'Espirito Santo' FPSO

My posts are my opinions. Always dd to your own comfort level.