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SageWise

05/13/08 10:53 PM

#64554 RE: JoeSmith #64553

I wonder if it's for Oceaneering. Flotec has supplied to Oceaneering Multiflex UK before. But, OII may not fit the billing as an international energy Co - more of an Oil services Co. So, perhaps it is for someone else. Well, may be we'll still get some business for these 200 buoyancy modules - will have to wait and see.
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PR&Date=20080430&ID=8568595&Symbol=FTI
"Manufacture of the umbilicals, which include electric power cables, steel tubes, and fiber optics, is planned to be performed at the Oceaneering Multiflex facility in Panama City, Florida. Delivery is scheduled for 2010. Under terms of the contract Oceaneering will also purchase and provide to FMC Technologies over 200 buoyancy modules to be used in the installation of the umbilicals."