Thursday, October 14, 2010 4:13:25 PM
SDB® (Subsea Deployment Systems) to their various installation methods and Syntantic Foams. Often times when there is a drilling problem to be solved,
Deep Down is asked to come up with a solution.
A very good example would be the JOIDES Resolution scientific drilling vessel.
When someone makes the statement, "Drilling technology is one of the areas where U.S. industry continues to lead the world" know that DPDW
has played an important part in that technology!
"It was no surprise that Chile chose the firms to assist in the effort, said Greg McCormack, an oil drilling consultant who formerly headed the University of Texas' Petroleum Extension Service. Drilling technology is one of the areas where U.S. industry continues to lead the world, he said."
http://www.usatoday.com/news/world/2010-10-14-chileside14_ST_N.htm
Did DPDW have a direct part in the rescue in Chile?
Not that I know of.
Have Deep Down investors been showered in financial reward for their part in growing DPDW?
It sure has not happened yet.
My posts are my opinions. Always dd to your own comfort level.
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