02-21-2012, 08:23 PM
Agree Strategy, I'm sure at this point that decision has been made, and they are in the bidding. Interesting that no real reason given by OSH on the pushback to 2H on the exploration. Could it be due to XOM saying to wait until SD is complete? XOM is at some interesting crossroads with their project and a successful bid would give them what they need to make changes now in construction. The gas going through that pipeline will be conditioned as would IOC's. Last week it was reported that people of Gulf Province were upset and had forced a shut-down of the XOM pipeline progress because ships, etc were in much closer to shore for the construction process. Waters are too deep for these rigs on the other side of the pipeline. So what better time to make necessary adjustments to the pipeline?