(Total Views: 674)
Posted On: 01/31/2019 11:10:37 AM
Post# of 4466
Right, and Exxon didn't build a refinery till they built a refinery. Right? You're saying that if they haven't built a refinery of this magnitude they shouldn't build a refinery of this magnitude? There's a first for everything and I would be more concerned if they said no because they were to scared to under take such a complex and ground breaking project. Once again, another commendable aspect of this project. Kudos to Blanchard Industrial.
btw they have an excellent track record and you know this. False information is damaging to a company that puts in real effort and has completed many large projects in the oil & gas industry including off shore operations.
Quote:
BI has no substantial track-record in the sector, and none in the Permian - they have done limited, small scale refits, process unit projects, and turn-arounds, but have only been operating in Texas for the last rough 6 - 9 months. Why would a legitimate investor put tens of millions or more of capital at risk, to deal with a project that’s underpinned on an EPC with no significant track record?
btw they have an excellent track record and you know this. False information is damaging to a company that puts in real effort and has completed many large projects in the oil & gas industry including off shore operations.
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