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Deepwater Drillers Poised For Long Term Growth

November 3, 2009

Analysis of:ENSCO -- Expanding Into Deeper Waters | www.rigzone.com

Many offshore contractors have a hunch their future success might be tied to the deepwater market. The smart ones know it is.

The Future is Harsh, Remote and Deep

April 13, 2009

Analysis of:StatoilHydro Hits Hydrocarbons Offshore Newfoundland‏ | www.rigzone.com

The easy oil has been found. Now the future lies in finding and developing the remaining hard to get at oil that is left.

Low Oil Prices Won't Stop ExxonMobil Pushing Ahead With Canadian Offshore Development

November 21, 2008

Analysis of:Hebron Moving Ahead:ExxonMobil | www.thewesternstar.com

Large, complex projects that require years of forward planning won't be effected by temporary high's or low's in the price of crude oil.

Market for subsea services will remain strong

October 14, 2008

Analysis of:ROV Operators Set To Earn $9B By 2012 | www.subseaiq.com

High levels of drilling activity will keep demand for ROV's high. Drop in oil price is unlikely to effect long term demand

End of The Road For Superior Offshore

April 17, 2008

Analysis of:Superior Offshore International sells PSV, offers DSV | www.energycurrent.com

Subsea contractor Superior Offshore is selling off assets in a bid to avoid bankruptcy. Meanwhile lawsuits are flying along with allegations of mismanagement, insider trading and stock fraud.

Petrobras is Planning For The Long Term

April 11, 2008

Analysis of:Brazil preps huge order | www.tradewinds.no

Petrobras is to be applauded for its forward thinking and advanced planning.

Husky Energy's "North Amethyst" Development Gets Go-Ahead

April 8, 2008

Analysis of:North Amethyst sparkles for Husky | www.upstreamonline.com

While Chevron, ExxonMobil and the government of Newfoundland are bogged down in protracted negotiations over the Hebron offshore oil project Husky Energy(TSX:HSE) is forging ahead with it's North Amethyst oil development.

2008 Off To a Good Start For Subsea Contractor -Acergy

February 15, 2008

Analysis of:Acergy Awarded $195 million contract in Canada | www.rigzone.com

Acergy S.A. has secured over $1 billion in susbsea contracts this year. Outlook for subsea contractors will remain strong through to 2011.

Good Times Ahead For Subsea Contractors

December 17, 2007

Analysis of:Deepwater expenditure to reach nearly $25 billion annually by 2012 | www.dw-1.com

A recent study forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012. Subsea contractors are gearing up and looking ahead to a period of continued growth.

Technical Challenges of Harvesting Deep Underwater Timber

December 11, 2007

Analysis of:A Man Has a Plan To Harvest a Forest In Ghanaian Lake | www.modernghana.com

The technical challenges involved in the harvesting of deep underwater timber are considerable. The costs of overcoming these challenges may well exceed the value of the timber being harvested.

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