Natalee Case Discussion #804 3/1/09 - 3/6/09

[Keepthefaith]

New contract for Subsea 7 offshore Brazil
Contracts, Tenders and Rates - March 4, 2009

Subsea 7 has announced that it has been awarded a contract with an estimated value of US$200 million from Petrobras for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.  
 
The Tambau Urugua scope of work is to engineer, install and commission two 12in rigid steel 14.5km long client supplied gas flowlines and associated subsea equipment.

The P-56 scope is to engineer, procure, install and commission two 12in rigid steel 13km long oil export pipelines, connecting the semi-submersible P-56 platform to the P-38 FPSO, and one 10in rigid steel 8.6km gas export pipeline from P-56 platform to the semi-submersible  P-51 platform. The pipelines and pipeline end terminations will be supplied by Subsea 7.
 
The offshore pipeline installation campaign will take place during 2010 and will be carried out by one of Subsea 7’s pipeline installation vessels.
 

http://www.oilpubs.com/oso/article.asp?v1=8296


Geolab Srl shall be assigning to the region our in-house dedicated DP Class 1 ROV survey support and light construction vessel the DP Geo which was formally the RSV Salgueiro recently acquired from Subsea 7 and is currently undergoing refurbishment in Europe the vessel shall be available in early April 2008.

http://www.oceanologyinternational.com/page.cfm/T=m/Action=Press/PressID=104

So.GeoLab and Subsea 7 have done business together??

Geolab contract for Veripos
Contracts, Tenders and Rates - April 28, 2008

Veripos of Aberdeen has been awarded a further three-year contract by Naples-based GeoLab Srl, one of Europe’s leading turnkey offshore survey and construction support organisations, for provision of high-precision GNSS positioning services as an aid to the Italian company’s worldwide subsea operations on behalf of major oil, cabling and dredging concerns as well as government agencies and research institutes.


Veripos is a subsidiary of Subsea7.......

We have Broussard that is a VP of  a subsidiary of Subsea 7 from Lafayette,LA...Subsea 7 just got a 200 million dollar contract from petrobras??

[Keepthefaith]

Good evening KTF. For the Dutch it is 8:00 pm. I'm glad you still have your day in front of you. Ours is about to end!

You have a wonderful rest of the evening cageman!God bless..

[hotping]

KTF....Check out the ads at the bottom of the page



http://www.jdsilvetti.com/images/07links/DonationsF.pdf

[Keepthefaith]

New contract for Subsea 7 offshore Brazil
Contracts, Tenders and Rates - March 4, 2009

Subsea 7 has announced that it has been awarded a contract with an estimated value of US$200 million from Petrobras for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.  
 
The Tambau Urugua scope of work is to engineer, install and commission two 12in rigid steel 14.5km long client supplied gas flowlines and associated subsea equipment.

The P-56 scope is to engineer, procure, install and commission two 12in rigid steel 13km long oil export pipelines, connecting the semi-submersible P-56 platform to the P-38 FPSO, and one 10in rigid steel 8.6km gas export pipeline from P-56 platform to the semi-submersible  P-51 platform. The pipelines and pipeline end terminations will be supplied by Subsea 7.
 
The offshore pipeline installation campaign will take place during 2010 and will be carried out by one of Subsea 7’s pipeline installation vessels.
 

http://www.oilpubs.com/oso/article.asp?v1=8296


Geolab Srl shall be assigning to the region our in-house dedicated DP Class 1 ROV survey support and light construction vessel the DP Geo which was formally the RSV Salgueiro recently acquired from Subsea 7 and is currently undergoing refurbishment in Europe the vessel shall be available in early April 2008.

http://www.oceanologyinternational.com/page.cfm/T=m/Action=Press/PressID=104

So.GeoLab and Subsea 7 have done business together??

Geolab contract for Veripos
Contracts, Tenders and Rates - April 28, 2008

Veripos of Aberdeen has been awarded a further three-year contract by Naples-based GeoLab Srl, one of Europe’s leading turnkey offshore survey and construction support organisations, for provision of high-precision GNSS positioning services as an aid to the Italian company’s worldwide subsea operations on behalf of major oil, cabling and dredging concerns as well as government agencies and research institutes.


Veripos is a subsidiary of Subsea7.......

We have Broussard that is a VP of  a subsidiary of Subsea 7 from Lafayette,LA...Subsea 7 just got a 200 million dollar contract from petrobras??

SUBSEA 7 AWARDED WORKS FOR THE
KOMMANDOR 3000
SUBSEA 7 INC. announced a contract award by Petroleo Brasileiro S.A. (Petrobras) for its pipelay vessel Kommandor
3000. The contract, with a value in the region of US $250 million, is for the exclusive use of the Kommandor 3000
for a period of six years commencing in February 2007.
The Kommandor 3000 has been operating for Petrobras in Brazil since 1999 and with a remarkable safety
performance with no lost time incidents during the term of their last contract. The vessel will continue to work
offshore Brazil in water depths of up to 2000 metres.
Subsea 7’s Vice President for Brazil, Victor Bomfim, said “Subsea 7 has an exceptional working relationship with
Petrobras and we are delighted that the long term commitment that has been announced today will see the solid
foundations of our business offshore Brazil maintained for the foreseeable future”.

http://www.ibiblio.org/maritime/photolibrary/albums/ftp/PDF/10_06/208-22-10-2006.pdf

[Lifesong]

New contract for Subsea 7 offshore Brazil
Contracts, Tenders and Rates - March 4, 2009

Subsea 7 has announced that it has been awarded a contract with an estimated value of US$200 million from Petrobras for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.  
 
The Tambau Urugua scope of work is to engineer, install and commission two 12in rigid steel 14.5km long client supplied gas flowlines and associated subsea equipment.

The P-56 scope is to engineer, procure, install and commission two 12in rigid steel 13km long oil export pipelines, connecting the semi-submersible P-56 platform to the P-38 FPSO, and one 10in rigid steel 8.6km gas export pipeline from P-56 platform to the semi-submersible  P-51 platform. The pipelines and pipeline end terminations will be supplied by Subsea 7.
 
The offshore pipeline installation campaign will take place during 2010 and will be carried out by one of Subsea 7’s pipeline installation vessels.
 

http://www.oilpubs.com/oso/article.asp?v1=8296


Geolab Srl shall be assigning to the region our in-house dedicated DP Class 1 ROV survey support and light construction vessel the DP Geo which was formally the RSV Salgueiro recently acquired from Subsea 7 and is currently undergoing refurbishment in Europe the vessel shall be available in early April 2008.

http://www.oceanologyinternational.com/page.cfm/T=m/Action=Press/PressID=104

So.GeoLab and Subsea 7 have done business together??

Geolab contract for Veripos
Contracts, Tenders and Rates - April 28, 2008

Veripos of Aberdeen has been awarded a further three-year contract by Naples-based GeoLab Srl, one of Europe’s leading turnkey offshore survey and construction support organisations, for provision of high-precision GNSS positioning services as an aid to the Italian company’s worldwide subsea operations on behalf of major oil, cabling and dredging concerns as well as government agencies and research institutes.


Veripos is a subsidiary of Subsea7.......

We have Broussard that is a VP of  a subsidiary of Subsea 7 from Lafayette,LA...Subsea 7 just got a 200 million dollar contract from petrobras??

ROBERT L. BROUSSARD, Registered Agent, FUFENYAK HOLDING CO., L.L.C.

ROBERT L. BROUSSARD, Registered Agent, ENGINEERING SOLUTIONS, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SILVETTI MARINE SERVICES, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, MARINE SURVEYS, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, PRECISION EQUIPMENT MANUFACTURING, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, AIM FOR A CURE, INC.

ROBERT L. BROUSSARD, Registered Agent, EPPLER STORAGE, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SLG, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SACC HOLDING, L.L.C.


He has a lot of Registerd Agent listings - an attorney...

[Keepthefaith]

KTF....Check out the ads at the bottom of the page



http://www.jdsilvetti.com/images/07links/DonationsF.pdf

I've seen it and it is interesting.There is a Robert Broussard advertising at the bottom.I'd be curious to see if Robert is related to craig broussard who works for a subsidiary of Subsea7 which has BIG business with Petrobras..As the name is common down in the south there may be no relation at all!Good work HotPing!

KEEPTHEFAITH

[Lifesong]

 

I meant to hit Preview - not Post!!

Here's the link:  http://www400.sos.louisiana.gov/cgibin?rqstyp=crpinxtc&rqsdta=BROUSSARD+ROBER36322708KO01

There are lots of pages of Robert Broussard, but Robert L. is the one tied to Silvetti.

Great work, KTF!!!

[Keepthefaith]

New contract for Subsea 7 offshore Brazil
Contracts, Tenders and Rates - March 4, 2009

Subsea 7 has announced that it has been awarded a contract with an estimated value of US$200 million from Petrobras for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.  
 
The Tambau Urugua scope of work is to engineer, install and commission two 12in rigid steel 14.5km long client supplied gas flowlines and associated subsea equipment.

The P-56 scope is to engineer, procure, install and commission two 12in rigid steel 13km long oil export pipelines, connecting the semi-submersible P-56 platform to the P-38 FPSO, and one 10in rigid steel 8.6km gas export pipeline from P-56 platform to the semi-submersible  P-51 platform. The pipelines and pipeline end terminations will be supplied by Subsea 7.
 
The offshore pipeline installation campaign will take place during 2010 and will be carried out by one of Subsea 7’s pipeline installation vessels.
 

http://www.oilpubs.com/oso/article.asp?v1=8296


Geolab Srl shall be assigning to the region our in-house dedicated DP Class 1 ROV survey support and light construction vessel the DP Geo which was formally the RSV Salgueiro recently acquired from Subsea 7 and is currently undergoing refurbishment in Europe the vessel shall be available in early April 2008.

http://www.oceanologyinternational.com/page.cfm/T=m/Action=Press/PressID=104

So.GeoLab and Subsea 7 have done business together??

Geolab contract for Veripos
Contracts, Tenders and Rates - April 28, 2008

Veripos of Aberdeen has been awarded a further three-year contract by Naples-based GeoLab Srl, one of Europe’s leading turnkey offshore survey and construction support organisations, for provision of high-precision GNSS positioning services as an aid to the Italian company’s worldwide subsea operations on behalf of major oil, cabling and dredging concerns as well as government agencies and research institutes.


Veripos is a subsidiary of Subsea7.......

We have Broussard that is a VP of  a subsidiary of Subsea 7 from Lafayette,LA...Subsea 7 just got a 200 million dollar contract from petrobras??

ROBERT L. BROUSSARD, Registered Agent, FUFENYAK HOLDING CO., L.L.C.

ROBERT L. BROUSSARD, Registered Agent, ENGINEERING SOLUTIONS, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SILVETTI MARINE SERVICES, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, MARINE SURVEYS, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, PRECISION EQUIPMENT MANUFACTURING, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, AIM FOR A CURE, INC.

ROBERT L. BROUSSARD, Registered Agent, EPPLER STORAGE, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SLG, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SACC HOLDING, L.L.C.


He has a lot of Registerd Agent listings - an attorney...

Craig Broussard works for the Subsidiary of Subsea 7.Be interesting if we could connect the two..Name is common though so may not be connected...Thanx LifeSong!You posed some interesting questions regarding the dives...

[Anna]

Bijleveld with report on constitutional state
4 Maart, 2009, 10:18 (GMT -04:00)

DEN HAAG — State Secretary Ank Bijleveld-Schouten (Kingdom Relations, CDA) has promised the Lower House today during a debate that she will soon have a full report on the situation of the constitutional state of Aruba.

A big part of the debate of the fized committee Netherlands-Antillean Affairs (NAAZ) which was supposed to be about the progress of the political process of the Netherlands Antilles, ended up about the leaking out of the confidential report of the Representation of the Netherlands in Aruba .  According to the committee members, the report made it clear that things aren’t going well on the island with regard to the police, justice, and the administration of justice on the island.  “A source of concern”, as Jan Schinkelshoek (CDA) describes it.  Johan Remkes (VVD) wants to interfere with article 43.

The House-members also wonderded how you can continue working together if according to Prime Minister Nelson Oduber and Justice-minister Rudy Croes, irreparable damage has been done to the mutual relations.  Bijleveld is rather optimistic about that.  “I have talked to Oduber on the phone twice.  He wants to improve the situation”, says Bijleveld.  Oduber is going to be in the Netherlands next week to talk about the immigration chain.
It is not clear whether the committee members are satisfied with Bijleveld’s answers.  A new debate had to be planned for soon, so the second round of questions can continue.

http://www.amigoe.com/artman/publish/artikel_53508.php

follow up debate is Tuesday February 10th. March 10th

also much concern about the other islands:
http://www.amigoe.com/artman/publish/artikel_53510.php

obviously i meant March 10th 

caesu,

Can you refresh my memory as to what Article 43 is briefly?  I know it has been discussed before but I can't recall what it references.

TIA

[Keepthefaith]

I meant to hit Preview - not Post!!

Here's the link:  http://www400.sos.louisiana.gov/cgibin?rqstyp=crpinxtc&rqsdta=BROUSSARD+ROBER36322708KO01

There are lots of pages of Robert Broussard, but Robert L. is the one tied to Silvetti.

Great work, KTF!!!

Here's the organizational chart for subsea7 LifeSong!


http://www.subsea7.com/cms/files/Global%20Management%20Team.pdf

[hotping]

New contract for Subsea 7 offshore Brazil
Contracts, Tenders and Rates - March 4, 2009

Subsea 7 has announced that it has been awarded a contract with an estimated value of US$200 million from Petrobras for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.  
 
The Tambau Urugua scope of work is to engineer, install and commission two 12in rigid steel 14.5km long client supplied gas flowlines and associated subsea equipment.

The P-56 scope is to engineer, procure, install and commission two 12in rigid steel 13km long oil export pipelines, connecting the semi-submersible P-56 platform to the P-38 FPSO, and one 10in rigid steel 8.6km gas export pipeline from P-56 platform to the semi-submersible  P-51 platform. The pipelines and pipeline end terminations will be supplied by Subsea 7.
 
The offshore pipeline installation campaign will take place during 2010 and will be carried out by one of Subsea 7’s pipeline installation vessels.
 

http://www.oilpubs.com/oso/article.asp?v1=8296


Geolab Srl shall be assigning to the region our in-house dedicated DP Class 1 ROV survey support and light construction vessel the DP Geo which was formally the RSV Salgueiro recently acquired from Subsea 7 and is currently undergoing refurbishment in Europe the vessel shall be available in early April 2008.

http://www.oceanologyinternational.com/page.cfm/T=m/Action=Press/PressID=104

So.GeoLab and Subsea 7 have done business together??

Geolab contract for Veripos
Contracts, Tenders and Rates - April 28, 2008

Veripos of Aberdeen has been awarded a further three-year contract by Naples-based GeoLab Srl, one of Europe’s leading turnkey offshore survey and construction support organisations, for provision of high-precision GNSS positioning services as an aid to the Italian company’s worldwide subsea operations on behalf of major oil, cabling and dredging concerns as well as government agencies and research institutes.


Veripos is a subsidiary of Subsea7.......

We have Broussard that is a VP of  a subsidiary of Subsea 7 from Lafayette,LA...Subsea 7 just got a 200 million dollar contract from petrobras??

ROBERT L. BROUSSARD, Registered Agent, FUFENYAK HOLDING CO., L.L.C.

ROBERT L. BROUSSARD, Registered Agent, ENGINEERING SOLUTIONS, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SILVETTI MARINE SERVICES, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, MARINE SURVEYS, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, PRECISION EQUIPMENT MANUFACTURING, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, AIM FOR A CURE, INC.

ROBERT L. BROUSSARD, Registered Agent, EPPLER STORAGE, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SLG, L.L.C.

ROBERT L. BROUSSARD, Registered Agent, SACC HOLDING, L.L.C.


He has a lot of Registerd Agent listings - an attorney...

Right an Attorney

BROUSSARD, ROBERT L ATTY (Age 42)

Associated names:

 BROUSSARD, ROBERT LOUIS

Possible Employment / Business Associations:

 ENGINEERING SOLUTIONS, LLC
 HUB CITY PAVING CONTRACTORS, LLC
 PAL''S PETS, LLC
 ROBERT L BROUSSARD, A PROFESSIONAL CORPORATION
 SLG, LLC

200 Flagstone Ct , LAFAYETTE, LA 70503
133 Green Meadow Rd , LAFAYETTE, LA 70503
220 Heymann Blvd , LAFAYETTE, LA 70503
133 Green Rd , LAFAYETTE, LA 70508
314 Theodora Blvd , LAFAYETTE, LA 70503
221 Verot School Rd  #244, LAFAYETTE, LA 70508
904 Rosedown Ln , LAFAYETTE, LA 70503
210 Edison St , LAFAYETTE, LA 70501
7324 Menlo Dr  #24, BATON ROUGE, LA 70808 

[Keepthefaith]

Acergy-Subsea7 Consortium Win Statoil Frame Contract     
  Acergy S.A.      Friday, June 30, 2006 


Acergy S.A. said that it has been awarded, in a consortium with Subsea7 Inc, a 2-year frame agreement contract by Statoil ASA. This contract will cover all of Statoil's subsea installation work in the Norwegian Sea and North Sea throughout 2007 and 2008. The total value to the consortium for firm work awarded so far is approximately $80 million, with further installation projects of a similar value expected. 


Wonder if this is the contract that sent ol' Kyle to the Ormen lange??

[Keepthefaith]

Acergy-Subsea7 Consortium Win Statoil Frame Contract     
  Acergy S.A.      Friday, June 30, 2006 


Acergy S.A. said that it has been awarded, in a consortium with Subsea7 Inc, a 2-year frame agreement contract by Statoil ASA. This contract will cover all of Statoil's subsea installation work in the Norwegian Sea and North Sea throughout 2007 and 2008. The total value to the consortium for firm work awarded so far is approximately $80 million, with further installation projects of a similar value expected. 


Wonder if this is the contract that sent ol' Kyle to the Ormen lange??

Jun-Sep 2008
 Caldive
 Saipem MS
 Egypt
 ROV Assistance (#1402)
 Diving IRM assistance
 DPV Texas Horizon
 -90
 

CalDive Egypt...When was Kyle in egypt??

[Keepthefaith]

Acergy-Subsea7 Consortium Win Statoil Frame Contract     
  Acergy S.A.      Friday, June 30, 2006 


Acergy S.A. said that it has been awarded, in a consortium with Subsea7 Inc, a 2-year frame agreement contract by Statoil ASA. This contract will cover all of Statoil's subsea installation work in the Norwegian Sea and North Sea throughout 2007 and 2008. The total value to the consortium for firm work awarded so far is approximately $80 million, with further installation projects of a similar value expected. 


Wonder if this is the contract that sent ol' Kyle to the Ormen lange??

Jun-Sep 2008
 Caldive
 Saipem MS
 Egypt
 ROV Assistance (#1402)
 Diving IRM assistance
 DPV Texas Horizon
 -90
 

CalDive Egypt...When was Kyle in egypt??

http://www.dntoffshore.com/index.php?id=6

[jen3560]

Acergy-Subsea7 Consortium Win Statoil Frame Contract     
  Acergy S.A.      Friday, June 30, 2006 


Acergy S.A. said that it has been awarded, in a consortium with Subsea7 Inc, a 2-year frame agreement contract by Statoil ASA. This contract will cover all of Statoil's subsea installation work in the Norwegian Sea and North Sea throughout 2007 and 2008. The total value to the consortium for firm work awarded so far is approximately $80 million, with further installation projects of a similar value expected. 


Wonder if this is the contract that sent ol' Kyle to the Ormen lange??

Jun-Sep 2008
 Caldive
 Saipem MS
 Egypt
 ROV Assistance (#1402)
 Diving IRM assistance
 DPV Texas Horizon
 -90
 

CalDive Egypt...When was Kyle in egypt??

July/August ~ ish 2008.

[jen3560]

This was a fly-by post from him on August 1, 2008:

Kyle wrote:
Greetings,

Sorry for dissapearing for so long. I've been traveling quite a bit to a few places, then to Norway, and am now in Cairo for about 5 weeks. I'll be headed to Lafayette when I get done in Egypt and will be in close contact with John then. I'll provide an update when I'm able. I hope you're all well.

Regards,

Kyle

[jen3560]

Sorry, forgot the link to his blog here as well:

http://kylekingman.blogspot.com

This was a fly-by post from him on August 1, 2008:

Kyle wrote:
Greetings,

Sorry for dissapearing for so long. I've been traveling quite a bit to a few places, then to Norway, and am now in Cairo for about 5 weeks. I'll be headed to Lafayette when I get done in Egypt and will be in close contact with John then. I'll provide an update when I'm able. I hope you're all well.

Regards,

Kyle

[caesu]

Bijleveld with report on constitutional state
4 Maart, 2009, 10:18 (GMT -04:00)

DEN HAAG — State Secretary Ank Bijleveld-Schouten (Kingdom Relations, CDA) has promised the Lower House today during a debate that she will soon have a full report on the situation of the constitutional state of Aruba.

A big part of the debate of the fized committee Netherlands-Antillean Affairs (NAAZ) which was supposed to be about the progress of the political process of the Netherlands Antilles, ended up about the leaking out of the confidential report of the Representation of the Netherlands in Aruba .  According to the committee members, the report made it clear that things aren’t going well on the island with regard to the police, justice, and the administration of justice on the island.  “A source of concern”, as Jan Schinkelshoek (CDA) describes it.  Johan Remkes (VVD) wants to interfere with article 43.

The House-members also wonderded how you can continue working together if according to Prime Minister Nelson Oduber and Justice-minister Rudy Croes, irreparable damage has been done to the mutual relations.  Bijleveld is rather optimistic about that.  “I have talked to Oduber on the phone twice.  He wants to improve the situation”, says Bijleveld.  Oduber is going to be in the Netherlands next week to talk about the immigration chain.
It is not clear whether the committee members are satisfied with Bijleveld’s answers.  A new debate had to be planned for soon, so the second round of questions can continue.

http://www.amigoe.com/artman/publish/artikel_53508.php

follow up debate is Tuesday February 10th. March 10th

also much concern about the other islands:
http://www.amigoe.com/artman/publish/artikel_53510.php

obviously i meant March 10th 

caesu,

Can you refresh my memory as to what Article 43 is briefly?  I know it has been discussed before but I can't recall what it references.

TIA

Article 43
1. Each of the Countries shall promote the realization of fundamental human rights
and freedoms, legal certainty and good governance.
2. The safeguarding of such rights and freedoms, legal certainty and good governance
shall be a Kingdom affair.

http://www.minbzk.nl/contents/pages/48365/thecharterforthekingdomofthenetherlands.pdf

problem is nobody knows what actions really can be taken.
as article 43 is only been used a very few times.

but last December is was used to change the basis of the Common Court.
this was without the consensus of Aruba.
Aruba didn't want to agree because they wanted the Common Court relocated to Aruba.
but the Kingdom Government overruled by using article 51.

Article 51
1. If any organ in the Netherlands Antilles or in Aruba does not or does not adequately
perform its duties as required by this present Charter, an international instrument, a
Kingdom Act or an order in council for the Kingdom, the measures to be taken may be
determined by Kingdom Act, setting forth the legal grounds and the reasons on which
it is based.
2. This matter shall be regulated for the Netherlands, if necessary, in the Constitution.

http://www.minbzk.nl/contents/pages/48365/thecharterforthekingdomofthenetherlands.pdf

The bill of law is based on consensus between the Netherlands and the Netherlands Antilles regarding the new political relations. With regard to Aruba it is based on the competency to lay down rules to guarantee legal certainty by Kingdom Act. For to such end the Common Court of Justice is indispensable.

http://www.minbzk.nl//bzk2006uk/subjects/aruba-and-the/new-status-for-the/press-releases/116130/kingdom-council-of
notice: no consensus on the part of Aruba!!!

Aruba is very angry about this intervention.

Croes outing Van der Straten (on the same day (December 4th) as this Kingdom Act was passed!!), Croes making this VNO-report public, Croes wanting to punch Brinkman in the face. and what other madness he has been doing towards the Netherlands.

i believe it's all a reaction from Croes to this article 43, 51 intervention by the Dutch.

[Keepthefaith]

Sorry, forgot the link to his blog here as well:

http://kylekingman.blogspot.com

This was a fly-by post from him on August 1, 2008:

Kyle wrote:
Greetings,

Sorry for dissapearing for so long. I've been traveling quite a bit to a few places, then to Norway, and am now in Cairo for about 5 weeks. I'll be headed to Lafayette when I get done in Egypt and will be in close contact with John then. I'll provide an update when I'm able. I hope you're all well.

Regards,

Kyle

This stuff just infuriates me.Globetrotting around the world,all the while,knowing he has not turned the evidence over to the FBI,Beth or Dave regarding the cage/trap!

[hotping]

Reviewing Battered IPO’s: Superior Offshore (DEEP)
Posted: October 4, 2007 at 2:58 pm

There is one fairly new small cap oil and energy company that keeps coming up in discussions over and over locally in Houston: Superior Offshore International Inc. (NASDAQ:DEEP).  The company is a fairly recent IPO and has never recovered the bulk of its post-IPO losses.  Merrill Lynch and J.P. Morgan brought this offshore deepwater services operator public at $15 in the middle of the $14 to $16 range, but the company was able to boost the offering by 1.5 million shares to 10.1+ million shares because of high demand. 

Superior offers subsea construction and commercial diving services to the offshore oil and gas industry, serving operators in the outer continental shelf and deep waters of the U.S. Gulf of Mexico was well as offshore Mexico, Latin America, Africa and the Middle East.  The company operates a fleet of 10 or 11 service vessels and provides remotely operated vehicles and saturation diving systems for deep water and harsh environment operations.  As of the last available figure, it employs 665 offshore personnel in North America, Africa, South Africa and the Middle East. 

If you have been watching oil lately with oil prices back over $80.00 per barrel, you would wonder what is going on.  This stock is in the right sector and there is a chance that it has been oversold and overlooked.  Of course, there is also the chance that there are problems in the business model change.  Because this is in the red hot energy services sector and has been kept down this long we have had it on a watch list.  It does not meet the criteria to become a formal pick for our Special Situation Investing Newsletter for a myriad of reasons, but it is one of the companies in the sector we have on a small cap watch list.


Two less discussed issues may be keeping a lid on this.  It is possiblethat with no major hurricane damages this year for the company to havea sudden surge of repair demand, but indirectly this has kept a lid onday rates even for companies that aren’t so repairs-oriented because itkeeps prices lower and instant demand down.  It also looks like afterthe completion of a management 10b5-1 planned share sale that the CEOand key manangement owns 52% of the company. 

The traditional 180-day lock-up period would also leave 6 to 7 weeksfor this 180-day lock-up period for the company and for employees tosell shares.  But officers recently entered a 10b5-1 stock sale planthat provides for the sale of up to a total of 359,332 shares beginningon October 25, 2007 at prevailing market prices, subject in some casesto minimum price thresholds.  Assuming all of the shares covered by thePlans are sold as provided in the Plans, Mr. Mermis would continue toown 616,000 shares, Mr. Burks would continue to own 205,334 shares, Mr.Koch would continue to own 410,667 shares, and Mr. Guarisco wouldcontinue to own 205,334 shares. Following the sale of all sharescovered by the Plans, all executive officers and directors of theCompany as a group would beneficially own approximately 52% of theoutstanding shares of the Company.

The stock’s short interest in September was listed as 783,700 shares,which was actually down 13% from the 906,800 in August.  This stockfell deep with the markets in the end of July to August period, but hasyet to come bac kmuch from the lows.  Shares fell from $18.00+ down toalmost $10 and sit around $11.50 today.

It entered into an amendment on its senior credit facility in Augustand there may just not be that much excitement around its earnings andguidance after it posted a net loss last quarter, which had beendelayed by a few days.  The loss included a debt retirement charge,charges for relocating to Houston, and IPO charges along with its firstround of Sarbanes-Oxley and stock-based charges.  With the loss postedat the last earnings, the company noted that revenues were impacted bythe continued dry-docking and significant upgrades to the SuperiorEndeavour as previously disclosed. Its ‘Superior Endeavor, a DP IIvessel returned to its working fleet after a $25 million upgrade at thestart of September (announced).  Four-point surface diving vesselutilization and dayrates were significantly lower in the second quarterof 2007 as compared to the second quarter of 2006 because of decreaseddemand in the Gulf of Mexico.  The guidance for 2007 put revenues in a$265 to $285 million range, which was under a limited estimate at thetime.

President & CEO James Mermis noted that results were disappointingbut transforming from a shallow water Gulf of Mexico contractor into aninternational and deepwater subsea construction and services companyhas created strong opportunities for revenue and margin growth.  Healso noted the largest backlog in company history.  If you read intothe forecasts it sounds like there will be more coming expenses forsetting up permanent presences in Trinidad, the UAE, and Qatar.

There is somewhat of an environmental and political issue here,although that could be said of any onshore or offshore energy andenergy services company.  Because of its size, the company is also alsoprobably perceived as being dependent on individual contracts where onedelay could have a material impact. 

The company operates on the outer continental shelf and deep waters ofthe U.S. Gulf of Mexico.  It seems that if offshore drilling is allowedto be placed farther out and down deper than before then the companywill be a winner.  We acknowledge that this is a very political andongoing development, and that is one of the issues holding sharesdown.  Merrill Lynch started it with a Buy rating and J.J.Morganstarted it with a Neutral rating.  The smaller companies listedoriginally as co-managers were Howard Weil, Johnson Rice, and Simmons& Co.  If this company raises more cash via stock sales in thefuture it may want to expand its underwriting group to essentially buymore coverage.  Jim Cramer has been bullish on the company ahead of theIPO and after its IPO, but that alone is never enough.

The stock’s high is $19.58 and based upon a $15.00 IPO pricing, sharesare down 41% from the post-IPO highs and down 23.3% from the IPOpricing.  The demand was there at the IPO because it priced more sharesthan originally set and the stock barely traded under $17.00 after theIPO until it began the big slide in mid-July.  The company’s market capis a mere $298 million today, so it flies well under most radar screensin a field where there dozens upon dozens of other much larger and morewell known public competitors.

It would seem that the company is in the right sector at the righttime.  Unfortunately the stock has been a poor performer since comingpublic and there seems to be a lack of major data and current trackrecords to judge the company on.  We have looked into the issues we sawand elaborated on possible other issues behind a non-recovery after thesell-off.  We are also interested in what the company will do about thelack of larger Wall Street coverage in the stock (road shows may be inorder).  It seems like the company needs to draw in more outsideresearch IF it wants to get its story out there. 

A call into the company has not yet been returned and we have not beenable to get any direct quotes or added explanations from the companyabout these and other potential issues.  We’ll be issuing a follow-upif there is anything to add.  Otherwise, we’ll have to play the waitand see game with everyone else.

Jon C. Ogg
October 4, 2007


http://247wallst.com/2007/10/04/reviewing-batte/