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re: EXXI - hitting new lows everyday
Posted on 10/15/14 at 10:17 am to Powerman
Posted on 10/15/14 at 10:17 am to Powerman
quote:
Poorly managed deepwater projects anyway
No doubt, project management plays a big role, but that is only one part of the problem.
quote:
The combination of demand for drilling rigs, specialty materials such as sophisticated steel pipes and competition for skilled workers are pushing up costs for all involved
this is from one of the articles I read about the cost impacts on deepwater projects LINK
1
Posted on 10/15/14 at 2:53 pm to poule deau
up 15% today
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