.Yep My gut feeling is the major should seal the deal by the end of the month, at least im positive BPC will get the deal sorted, farm in or T/O, otherwise why buy the shares
.Yep My gut feeling is the major should seal the deal by the end of the month, at least im positive BPC will get the deal sorted, farm in or T/O, otherwise why buy the shares.
Will potter want to cash in his shares and walk away or hold them for the future down the road.
T/O or farm in which one is it and which one would the major prefer
BP are still very much involved in GoM and I believe the BPC areas are a shallower well
So I wouldn’t discount BP at least not yet.
Might be the Chinese !
Hi PIjoe
I was subcontracted by my company worked all over from pipelines to KKMC, Dharahn, Jubail American Corp Engineers
Performing Shell Jubail
Made a lot of Sid lol
It was a Mobil -Petromin line, ran on site by Mobil oil guys, I was involved on the excavation of the pipeline and 10 number of the pumping stations that were under Foster Wheeler control the pumping stations ran on RR turbines.
The Mobil guys were a mixed bunch from Califirnia and Texas.
The East- West pipelines that pipeline was originally built 30 plus yrs ago to pump oil from the East coast to West coast KSA, built by Mobil Petromin withthe tank farm in Yanbu.
The reason it was built was in case Iran blocked the straits of Hormuz during the Iran-Iraq war that stopped in 1988?
If Iran blocks the straits and Yemen blocks the ir bit oil will rise in price a wee bit.
The kilometre markers on the East - West pipeline were made of brass - they made great belt buckles.