Koil Energy Solutions Inc. (KLNG)

[Fred Kadiddlehopper]

Nucci, this is really a stunning article. Thanks for posting it.
Here are the things that jumped out at me:
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"Being with Petrobras is a bit like being in the first gold rush in the US," said Mark Grills, a software engineer for British firm QuickWells, whose product helps engineers plan the complex internal make-up of wells.
"It's like you're discovering oil all over again."


Alisdair Harrison said his UK ship services firm, Trident Marine Services, had been operating in Brazil for just three weeks but had already teamed up with a local marine electronics company. It is also in talks to help build three rigs, nine ships, and a floating hotel for workers.
"The speed is astounding," he said. "They (Petrobras) are overestimating -- they will not achieve their targets, there's a world shortage of equipment. But a line has been drawn in the sand and they are making commitments now."



Houston-based FMC Technologies is having to boost the water-pressure resistance and anti-corrosion properties of its deep-sea equipment that provides the link between the seabed and the platforms.
It sees the demand resulting from subsalt to double its production of "Christmas trees" -- well-heads that sit on the ocean floor -- to up to 150 a year from 70-80 now.
"You really have to get your supply chain well-prepared to cope with this demand. We need more companies supporting the oil industry," said Jose Mouro, sales director of FMC in Brazil.

Italian firm Prysmian is developing cables for use at 3,000 meters (9,800 feet) of water depth, up from the current 2,000 meter limit. The firm announced a US$135 million contract from Petrobras this week as well as plans to invest US$110 million in a new factory in Brazil.
"If half of what we heard happens we will need one more plant, we will have to improve our capacity," said Darcio Rossi Jr, the manager of Prysmian's oil business unit in Brazil.