Lastly, we have successfully completed the mission equipment trials on the G1200 and are prepared and mobilized to our first project on April 1, this year. Our first project is for Dubai Petroleum establishments and we will utilize both the pipelay capability and structural capability as the scope of work also includes the design, fabrication and installation of small fixed structure.The G1201 remains on schedule and on budget and will be delivered in the third quarter of 2011. We continue to actively target and bid projects for both the G1200 and G1201 worldwide including now projects in Australia where we (inaudible) have been establishing our presence. Finally we are also looking towards West Africa to develop future opportunities for these vessels primarily in Engova, Ghana and Equatorial Guinea.
Magma Design Automation CEO Discusses Q4 2010 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.