Replies to post #86504 on Koil Energy Solutions Inc. (KLNG)

[SageWise]

Thanks tothe.
IMO, the big Oil Co's will take some of this advice from Colin Welsh and continue to provide business and sustain innovators like DDI thru' times of low crude price and leave their jackboots outside.
http://energy.pressandjournal.co.uk/Article.aspx/1090798?UserKey=

"Despite such gloom, Welsh said the long-term prognosis for the subsea sector was, in fact, “stunning”, with major opportunities “cooking” in locations such as Brazil, Venezuela and India. Moreover, future production growth prospects, of the independents especially, were predicated almost entirely on subsea and, in particular, on deepwater."

“That growth is not going to happen without a strong subsea services sector. Consequently, in the short term, it is incumbent on the oil companies, the large contractors and, indeed, the (UK) Government to take a responsible approach.