Deepwater Contracts: Hornbeck Offshore, Edison Chouest

[bluebeard]

In light of everything that has happened with the Deepwater Horizon and the continuing oil spill, what will come of deepwater drilling in the Gulf?

[captrob]

Well I don't pretend to know the future but, I think a Portuguese-English dictionary would probably be a good investment.

[injunear]

Well I don't pretend to know the future but, I think a Portuguese-English dictionary would probably be a good investment.

You'll probably be remembered as a prophet!

[stevefoster]

In light of everything that has happened with the Deepwater Horizon and the continuing oil spill, what will come of deepwater drilling in the Gulf?

This incident, like all incidents in the oilfield, will eventually be forgotten and oilfield drilling, production, and exploration will be back to business as usual. Everybody who have been serving in this industry for an extended period of time know that this is just another glitch in the awl bidness and things will be back to abnormal before too long.................

[capitanahn]

Well I don't pretend to know the future but, I think a Portuguese-English dictionary would probably be a good investment.

I have already worked with Portuguese on the U.S. Flag Tuna Seiner, then they are coming to U.S. offshore..I haven't even landed a job there..I go get the dictionary..OMG

[Capt ETC]

I thought he was talking about having to work in Brazil since drilling is strong, some of the rigs will head down there, and Portuguese is the official language.

[Capt ETC]

The original interview with Damon Chouest from the Times-Picayune on June 4th quotes that there could be 1,000 layoffs. The company [Edison Chouest Offshore] has 4,000 of it's 8,000 employees working in Louisiana which will be affected. The interview did not say that every single employee of that 4,000 will be laid off, but they will be the group affected.
The Daily Comet (Lafourche Parish Newspaper) says that the interview from the Times-Picayune stated 4,000 Chouest layoffs. The 4,000 number has ran like wildfire throughout the boats and docks in Fourchon. But I've only seen, after reading several articles, that Chouest quoted 1,000.
The 4,000 number comes up in other places as well but then it's referring to the entire port of Fourchon.
It's bad enough already worrying on what's going to happen over the next few weeks without different News outlets paraphrasing from other articles and jumbling up actual story.

[SQRMF]

The original interview with Damon Chouest from the Times-Picayune on June 4th quotes that there could be 1,000 layoffs. The company [Edison Chouest Offshore] has 4,000 of it's 8,000 employees working in Louisiana which will be affected. The interview did not say that every single employee of that 4,000 will be laid off, but they will be the group affected.
The Daily Comet (Lafourche Parish Newspaper) says that the interview from the Times-Picayune stated 4,000 Chouest layoffs. The 4,000 number has ran like wildfire throughout the boats and docks in Fourchon. But I've only seen, after reading several articles, that Chouest quoted 1,000.
The 4,000 number comes up in other places as well but then it's referring to the entire port of Fourchon.
It's bad enough already worrying on what's going to happen over the next few weeks without different News outlets paraphrasing from other articles and jumbling up actual story.

Thank you for posting this- the Daily Comet article has many on my boat (myself included) raising their eyebrows. If there is a silver lining, talk of upgrading has turned serious. About time, coming for some of the crew on this old girl who have, shall we say, rested on their laurels.

[Capt ETC]

I wish I could say for sure that the layoffs won't be to that degree. But I couldn't find that specific number quoted by Chouest in the original Times-Picayune article. Maybe it's out there but I myself am looking for the silver lining even though I expect things to get ugly. Lets hope there are some quick changes by the President's Administration. Good Luck to all in the GoM Oil Patch.

[anchorman]

I wish I could say for sure that the layoffs won't be to that degree. But I couldn't find that specific number quoted by Chouest in the original Times-Picayune article. Maybe it's out there but I myself am looking for the silver lining even though I expect things to get ugly. Lets hope there are some quick changes by the President's Administration. Good Luck to all in the GoM Oil Patch.

Before layoff talk gets way out of hand, there was a context to what was said, and to this point, ECO management hasn't relayed that their employees. I'm sure that political pressure is being applied to this knee jerk reaction of the White House. 73 years and 35,000 wells drilled, with no significant blowouts, we are stuck with an arbitrary number (6 months), to find out a root cause. Where have I heard that before? - an arbitrary time-line not based on facts on-the-ground. Anyway, I'm sure there will be some cost cutting and that could include employees if there is no work for 6 months - that's the context we're all talking about - it's been just days to this point and all companies want to keep their people. Just listening to the public hearings, it is clear to me, the root cause of the DWH incident - and it's not technology based. I'm not expecting an epiphany of the drilling industry, but I'm expecting some fall guys and stricter requirements on permits with longer reviews. That can be done right now. Write your congressman. We don't need a Mangement of Change, We need a Change of Management starting with BP....'cause someone f*&ked -up.

[Capt ETC]

Talking to someone who talked to someone who works in the office at Chouest I found out that upper management wasn't happy about how the layoff numbers were out of proportion as it made it's way through several news articles. As I said before in this thread, after backtracking up to the original interview, I couldn't find that Chouest stated 4,000 jobs lost. He said possibly 1,000. To bring that into a little more context, it is probably including the shipyards, several huge port facilities and the boats. People I talked to were told, in a matter of speaking, that no one should panic right now, but it wouldn't be a good time to screw up either. Other than planning several different scenarios and dealing with contract negotiations it is said to be business as usual for the present.