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Old 11-26-2006, 11:22 AM
Magg1e Magg1e is offline
Junior Member
 
Join Date: Nov 2006
Posts: 56
Hlx

HLX got picked up on the HOMEWORK thread - nice workup there.

this pretty much seals the deal for me :

Helix Energy Solutions Group Inc. Receives LOI For Reliance Project In India

October 31, 2006 Helix Energy Solutions Group, Inc. announced that it has executed a letter of intent with Allseas Marine Contractors S.A. for the installation of the subsea infrastructure in connection with Allseas' engineering, procurement, installation and construction of Reliance Industries Ltd.'s Dhirubhai gas field development project in the Krishna Godavari Basin in the Bay of Bengal. Helix plans to use its deepwater construction vessel 'Express' and its dive support vessel 'Eclipse' on this project. The work consists of the installation suction piles, manifolds, rigid jumpers and spool pieces, flying leads and trees. The work is scheduled to commence in the fourth quarter of 2007. The estimated contract value is in the $140-150 million range and the vessel utilization exceeds 400 days.


I have wanted to be in Reliance in the worst way ! this looks like a great way to participate
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