RE:wow the results are very promisingfruitfly2 wrote:
correct me if I am wrong, but with a full years production (gemini off shore) npi could see sales in excess of $1 billion...and dont forget they have we will see more off shore production as nordsee comes on-line.
I believe the energy sales during construction do not flow through NPI and instead stay in the project so the North Sea energy sales will not increase the revenue number until commissioning is complete and the facility enters into commercial operation. However I may be wrong on this.
Makes the quarterly results even more impressive with POR now down to 100% without the benefit of North Sea energy sales which is now a substantial number.