Replies to post #186481 on ERHC Energy Inc (ERHE)

[mz157]

i always thought a floater was something else?! (earmuff that one, frank the tank style, for all the women on this board...haha)

[spp119]

Tankers Wally, barges...

You forgot those, specially the converted kind.....

spp119

PS - Hang on until I figure out how to post a PDF file (URL lost) from a very recent conference in London......most enlightening.

[Art2004]

Walldog, floaters have been used in reference to rigs, semi-submersibles and FSPO's for temporary oil storage.

"Accomplishing this rise partly through increased exploration, appraisal and development drilling, Petrobras has a massive amount of deepwater and ultra-deepwater rigs contracted and working for the company now through 2013.

Starting from April 2009 and looking forward through 2013, Petrobras has contracted no less than 34 semisubs and drillships. In fact, the yearly averages of FLOATERS contracted by Petrobras range from 39 rigs in 2009 to 47 rigs in 2010, 48 rigs in 2011, 53 rigs in 2012, and 52 rigs"

Hot market for drilling floaters
Mads Andersen, executive vice president in Aker Solutions, in this interview talks about the strong demand for floating deep water drilling units as well as the recent acquisition of Qserv and the company‘s ambitions in the well service and intervention market.
Aker‘s new H6-rigs were part of the first group of projects that started the new wave of orders for floating drilling units - semisubmersible rigs and drilling ships that can operate in deep waters. Today, three years after Aker placed its order with Aker Solutions, this market is red hot and suppliers experience record high acitivity.

[Art2004]

Walldog, I wrote Pup as to what he was referring to:

Art... something is going on with FPSO's... A FPSO....

Pup


On Tue, Nov 17, 2009 at 9:31 PM, <[e-mail]> wrote:

Hi Pup,

Has Addax tendered offers on drilling floaters, FSPO's or both?

Thank you,

Art K