Member Info for adoubleuk

Slipanchor,

"Who is going to pick up the bill for all these delays and modifications that are taking place?"

It's all in the lumpsum until the FPSO's in the field. Stop frightening people.

Fred_Bloggs,

"several key players in Spark worked for Enterprise Oil. Who else can see the obvious connection to Dr Trice?"

Yes, I spotted the Enterprise Connection immediately. The paths seemed to diverge after that, but I'll bet my shirt that Spark had access to Hurricane's data room! It's good news: Shell & Co sucked up the licences around the lower GLA and GWA, but a small independent has got the most promising bit north of Halifax, enclosing the ridge itself!

I doubt you'll be able to buy into Spark for now: they're not publicly listed. The first thing I did after reading the presentation was go to the company website to check.

Apachewind,

"Is it possible that delay has been sought for another reason?"

What delay?

Jay,

She's doing 6 kt, not 15.

cratesthecynic,

" what is the role of Pacific Dispatch in shadowing the tow ? Just in case the other boat goes u/s ?"

Yhe rig's on tow by both the Pacific Dispatch and the Maersk Lifter. Standard procedure to have two boats hooked to the bridle.

Current speed 5.5 kt.

Lady Sonia,

"Now call me a cynic, but what's to say that Malcy isn't asking pre agreed questions, much like the Edison video clips where the questions have been set to prompt for a specific answer?"

I don't think that's cynical at all. In fact I'm pretty certain his interviews, if not actually scripted, are based on off-camera discussions beforehand, with the interviewee 'setting the limits' for what can and can't be asked.

(By the way, you're new here, and I googled your pseudo as another poster suggested. And my mind was suitably boggled. 'Missdosh' you are definitely NOT!)

yuyus,

"Kerogen , I’d say the shockwave they’d cause by selling ( with volume held , how many could they sell before TR1 issued ) and subsequently possibly reducing there investment value , a definite NO ."

I'd second that. Regarding CA, despite my personal dislikes of the sometimes unethical way RB operates, tweeting and going to the press whenever Hurricane's BoD decisions don't align with what he might like, he's not an idiot. Once the SP starts hitting record levels like 80 - 100p I'm sure he'll continue selling into rises and trading in general, but keeping a sizeable holding for the 'big win' even if it's a couple more years down the line.

Kerogen on the other hand will I'm sure (opinion only) just stand pat until that big win occurs. They evidently don't trade interims, and it must be remembered that their substantial holding in HUR is only a fraction of the financial resources at their disposal.

By 'big win', I mean a major coming in for FFD of GLA, an outright merger/takeover, or something like that.

Amaja,

Thanks for the info!

Albi,

OK, thanks for that. Maybe BVD's shipyard is handled by Vopek. I didn't know. Either way, they're very careful to put the 'E' in ETD in brackets. It's only an estimate. In fact a lot of ports don't put an ETD except in the case of scheduled services such as ferries and so on.

korvet,

"I thought it might take 6/7 if it manages 2 to 3 knots continuously, with occasional stops for checking. It doesn't strike me as a sleek high-speed vessel.'

Although your second phrase is utterly correct, the first bit is almost as wide of the mark as 'luckyman' thinking to tow would take 3 days! Though you're closer to the ballpark. A week in absolutely ideal conditions, more likely 9/10 days at this time of year.

What's with this 2/3 knots stuff? The tug isn't powered by oars. And once on tow there are no 'stops for checking'. Checking what, exactly? Start the tow and once underway go as fast as possible. Only 'pull in' if the weather gets really nasty.

(Mind you I was on a tow a few years ago off Africa with two tugs attached, the weather got up, and our forward progress wasn't! We were going backwards. But water depth was 1700 ft, and you can't stop and pin the legs: they're not quite that long. And the nearest 'shelter' was a couple of hundred miles away.)

Amaja,

"Just spoke Vopak and they indicated that sail away of the AM is now planned for Thursday 12.01 hours."

Don't get me wrong, I appreciate all the information you've been posting here. But why should Vopak know anything about the movement of our FPSO? Or is it just word-of-mouth stuff they get from yards in the neighbourhood of their terminal?

Like others here I was astounded to see the SP get to 40, let alone go below it. I can't help wondering if this might not be classic MM activity at work.

Now don't get me wrong. There's a lot of tosh posted about the Marketmakers on these BB's. But when I use the word 'classic' that's what I mean. Old-time stuff, as in 'Reminiscences of a Stock Operator': that sort of thing. I mean, look at it this way. The SP has been dropping, maybe due to POO, risk-cutting, general market jitters, whatever. This will no doubt have been abetted by various automatic stop-losses being triggered.

However, given company operations and outlook, a dropping SP seems illogical. Good things are on the close horizon, with a major milestone to be reached hopefully very soon. So what's the Marketmaker reaction? Start buying like crazy? No, quite the opposite: do whatever possible to drop the price a bit more. How many people (including spreadbettors) had put their stop-loss at 40 last week? Plenty, I'm sure.

Result? Definitely a buyers' market now.

I might have been amazed at watching the SP over the last fortnight, but I'm equally amazed at myself actually scraping some cash together and topping-up again, as I did today. I thought my buying days in this share were over and it'd be sell only from now on, but I couldn't miss an opportunity like this.

"Everyone has a different version of the real world Snail. "

Nigwit is obviously suffering from the delusion that there's a 'real world'.

Facts about WeDontHaveTime

We Don’t Have Time are currently building the world’s largest social media network for climate action.
Together we can solve the climate crisis.
But we are running out of time.
Sign up for our newsletter at WeDontHaveTime.org.

(Last para of Nigwit's latest link)

Great. Forty years ago all the talk was about us running out of oil. Now it seems we're going to see 'peak time'. Unless some bunch of nutters manages to get their new 'social media' website up and running.

At the junction of Blackhall Road and Keble Road in Oxford, a bit of street-art was painted on the back wall of Keble College in the late 1960's. In bold letters it said 'Remember the Dinosaur', and underneath was a brightly-painted picture of a dinosaur, about eight feet long. It wasn't long before some 'authority' got it scrubbed off, but within a week a new rendition was there. This went on for months (making the Oxford Mail), and then years.

Last time I was in that vicinity was three years ago. The graffiti's still there.

I think the meteorite is long overdue.

OK, that 15-year old foulmouthed truant has had her 15 minutes of fame. Next, please! (Sweden's suicide rate should not be overlooked, by the way.)

Here's something just as meaningful:

https://www.youtube.com/watch?v=NEIXNj4jaMY

Thanks, Missdosh!

"On December 17, 1903, Orville Wright piloted the first powered airplane 20 feet above a wind-swept beach in North Carolina. The flight lasted 12 seconds and covered 120 feet. "

A sobering thought. regarding the 120 ft flight distance: the wingspan of a 'standard' Boeing 747 is 195 ft... A lot of progress in the space of less than a century. And now we're going backwards. There isn't an electric car on the roads that can cover the distance I drove last Tuesday in eight hours which wouldn't require two complete recharges. Possibly three, given the volume I run my stereo at on a long journey...

Ricfle,

"Now, somehow in your tiny mind I am telling lies. "

Yes. And my tiny mind is still of the same opinion. At no point have I 'assured' people here about anything regarding work being done on the FPSO. Other than that I've seen a picture of the upper flare stack fitted. And mentioning that another correspondent (incidentally probably the best 'shipwatcher' of the lot of us when it comes to interpreting AIS) reckoned that the turret plate had been removed.

I haven't been daft enough to phone the company to bother them with dumb questions about what the rest of the 'scope of work' mentioned in RNS entailed. So I don't know why you expect myself or anyone else here to be able to do so.

See you've been busy asking rhetorical questions over on RBD today also! Those people seem to have got you sussed, as well.

Albi1,

" if I could figure out how to edit stuff on this board I would!"

There is no edit function. It's annoying, 'cos I too have a bad habit of hitting 'send' before proofreading at least twice...

Has your pseudo got anything to do with the town of Albi in France, by any chance?

Nigwit has filterd me so he won't read this.

"I just heard the most moving speech on Radio 2. If this doesn’t move you I don’t know what will."

Yes it moved me. Rapidly. Towards the great white porcelain telephone to God.

Yup, she's moving. Oddly the tug (s) aren't showing up on AIS.

Wessex,

" if you're clever you leave one on charge at base and carry.a spare charged battery on board. Pas de probleme."

Just for once I disagree with you.

For that plan to work, you'd have to return to base to pick up the new battery at the last minute for the thing to be cost-effective. Which means you'd have to be within range and presumably 'running light'. Plus also carrying a spare charged battery increases onboard weight, so reduces the range.

These are technical niggles, though! I brought up tuk-tuks deliberately because in fact that's the sort of small city transport which would be ideally suited to electric, and cut down considerable on air pollution in the streets. So I did so in the sure knowledge that someone would disagree with me!