What do you mean it sank? I did not give it authorization to sink.
Posted on 01/30/2013 4:46:16 PM PST by Eleutheria5
A $40 million engineering structure belonging to Iran's South Pars gas field, which was to be used in offshore platforms, sank into the Gulf as it was being installed, media said on Wednesday, as reported by AFP.
The equipment was built by Maritime Industrial Company (SADRA), an affiliate of the industrial wing of Iran's Revolutionary Guards, over a 30-month period."
An investigation is under way," SADRA's managing director Mehdi Etesami told the ISNA news agency, without elaborating.
The incident occurred Monday night as the 1,850-tonne jacket developed for South Pars Phase 13 sank to a depth of 80 meters (264 feet), media reports said, adding that there were no reports of any casualties.
As a result its links to the Guards, SADRA is subject to sanctions imposed by the European Union and the United States over the Iranian regime’s nuclear program.
Along with other industrial subsidiaries of Guards engineering wing the Khatam al-Anbiya group, SADRA was awarded a $5-billion contract in 2010 to develop Phase 13 after Western energy majors withdrew over the sanctions.
Tehran considers the development of the South Pars field, which is jointly owned by Qatar, to be a strategic priority.
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(Excerpt) Read more at israelnationalnews.com ...
$40 million doesn’t sound like much money.
A quick search found that BP’s HORIZON PLATFORM (with the blowout) was built in 2001 for a cost of $350 million, with an estimate of $700 million upwards to rebuild today.
Sounds like the Iranians put a 20,000 pound water well on a pontoon boat rated for 12 people.
These third world cretins don’t know how to waste money, unless it’s foreign aid.
Nasri: “Achmed, is the plug in?”
Achmed: “What plug?”
Oh, man, I posted #44 before I saw your Achmed post.
GMTA.
What do you mean it sank? I did not give it authorization to sink.
Bridge - Sonar, "Torp in the water!"
Bridge, "Oops, I push wrong button."
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