Nicolas Saverys, CEO of EXMAR stated: "It is clear that lower oil and gas prices will continue to boost demand for cost-efficient and fast-track FLNG solutions over land-based liquefaction terminals. We continue to see strong growth in the FLNG market. Thanks to our first-mover advantage we are actively working on seven (7) FLNG projects around the world. With this second FLNG contract we take another key step towards further strengthening our unique position in the FLNG market." "
Seems to be lots of different views on the current state of O and G markets and prices. Certainly makes it difficult for current hopefuls. 2H 2015 should see some reversal of fortunes imo
BDM Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held