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Re: spec machine post# 102509

Thursday, 01/26/2012 4:08:17 PM

Thursday, January 26, 2012 4:08:17 PM

Post# of 107353
some nice consistent stair step buying action today.

looks like they are currently working on a giant yellow spool with the crane in the West Yard...not sure what that is. A lot of work going on today.

i think the carousel mentioned in this Nexans PR is the one DPDW has built at core industries port http://www.nexans.com/eservice/Corporate-en/navigatepub_142482_-31407/Nexans_wins_power_umbilical_contract_for_Chevron_o.html

if you recall, even though the first spooling project was for BP, the umbilical was Nexans... http://coreindustries.us/2011/09/16/on-site-carousel-sees-first-spooling-project/

i know deepdown gets some sort of revenue for helping test the umbilical and perhaps for operating the carousel but i still don't understand how much deepdown can earn from the caousel at Core. it is encouraging to see projects involving it lined up for the future.
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