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alien42

11/17/07 12:05 AM

#36631 RE: mystic krewe #36628

DPDW has come to BPs rescue more than once and i believe future revenues on Thunder Horse are highly likely.

more Thunder Horse DD...

http://investorshub.advfn.com/boards/read_msg.asp?Message_id=20183721
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jdsgungho

11/17/07 6:52 AM

#36642 RE: mystic krewe #36628

very nice!
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JoeSmith

06/15/08 9:40 AM

#68682 RE: mystic krewe #36628

Good call Mystic Krewe
Here's a snippet from BP's website on Thunder Horse, which sounds like possible work for DPDW:

First oil at the world’s largest floating platform has been rescheduled to the end of 2008. The cause of the delay is the need to repair and replace components in the subsea system following a failure during pre-commissioning checks. The equipment had passed all the normal industry standard tests and regulatory requirements. But when we conducted more prolonged and rigorous testing, as an additional safety precaution, a failure occurred on a weld in one of the subsea manifolds.

The subsea equipment had remained in a cold state, with cathodic protection, on the sea bed for some time following the listing of the platform after its evacuation during the 2005 hurricane season. Following a thorough investigation, we concluded that these unusual circumstances led to hydrogen embrittlement of the equipment so that it could not perform its intended high pressure, high temperature service. We will now retrieve and replace all the subsea components we believe could be at risk, before starting production by the end of 2008.