NDO 0.62% 81.0¢ nido education limited

10mc .. I assume this post was tongue in cheek? Yes they do seem...

  1. 80 Posts.
    10mc .. I assume this post was tongue in cheek? Yes they do seem to have the vessel to do the job now which is a good thing.

    My concern now is that there will be a knee jerk reaction to all these problems in way of a complete redesign of the mooring and riser system. That could be a disaster for this project. I keep banging on about the relationship between the robustness (if there is such a word) of the technical solution, the cost, the management on site required to make it work and the worst case production profile. If they spend too much money on the mooring system the project could lose money. This is the bottom line. We do not want another NW Palawan failure.

    That would be a serious blow to confidence in the Philippines oil industry.

    3 cheers to GPC if they get this rght!
 
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