cash-2, page-7

It will not be pretty. Most damning is evidence that an expert contractor quite their job with Pttep because of a persistant and un acceptable culture of cost cutting and risk taking (sound familiar ! note -quoted before the deepwater horizon incident) . Source is quoted as saying they would pay lip service to raised operational safety concerns - then behind closed not follow recommended remedial action.

Note 1: Pttep linked to spills in Thailand as well.

Note 2: Martin Ferguson now wanting to introduce offshore standards (read: unionise the entire offshore industry under the cloak of 'safety'and 'standards')

Note 3: This will have FLNG wrapped up in such knots of compliance that the AWU crane operators will a lifetimes worth of onshore projects and opportunity to strike.

I dont think resumption of operations is not going to be without a few hurdles.

cheers