Something going on here, page-25

D.S. Europe is indeed a basket case financially . But they still need to keep warm in the winter , strangely enough they burn a lot of diesel for heating , dirty stuff , full of sulphur and highly polluting . So much for the Paris talk fest . But yes I see MRM in an energy hot spot , with great assets , strategically positioned supply bases , skilful and professional operators in a high demand enviroment . Most of the Worlds Exported energy relys on shipping . Off shore oil and gas also requires high levels of skills and regular maintenance . And MRM is among the Worlds best Off shore Marine operators . All though it has a few detractors on H. C. Furthermore OPEC studies have stated that the Worlds oil producers will have to spend TEN TRILLION U.S. over the next ten years on E & D to keep up with depletion and demand . . As no one has that kind of money after this rout it is fair to think that o.p. will have to rise above $100 to fund this level of spending . OPEC and Russia are bloviating about freezing production at the moment , but a 1% cut in global production is all that is required , I'm sure the next time they check their bank balances they will eventually come to their senses , but these things require a fair bit of chest thumping, don't they . A former KGB boss now trying to be a Russian Czar , and old men in p. js with tea towels on their heads trying to rule the World by giving away their most valuable assets , is this an episode of Seinfeld ?????