"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Tuesday, June 22, 2010

NORWEGIANS CREATING HUGE NEW DEEP SEA OIL FIRM

DESPITE OUR CURRENT DEBACLE IN THE GULF, THE REST OF THE WORLD STILLLOVES DEEP SEA ENERGY EXPLOITATION:

BBC: Acergy to buy Subsea 7 in oil and gas engineering deal
North sea gas rig Acergy built the world's longest undersea gas pipeline in 2006

Norway's Acergy has announced an acquisition that will create a major new oil and gas engineering firm.

The company will buy out rival Subsea 7, creating a company of 12,000 employees and worth $5.4bn (£3.6bn).

Acergy built what was the world's longest underwater gas pipeline in 2006, connecting the UK to Norwegian North Sea gasfields.
IF THEY CAN DO IT - AND IF BRAZILIANS CAN DO IT - THEN WE CAN DO IT!

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