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CAL DIVE INTERNATIONAL INC. Houston, Texas; Undersea Repair Firm Profits In The Abyss.(THE NEW AMERICA)
Byline: ALAN R. ELLIOTT
By almost any measure, this year's Gulf Coast hurricanes created a lot more havoc than those that hit last year.
The 2005 storms left gas and oil producers cobbling together broken offshore platforms, refineries and vital onshore oil and gas collection equipment.
But in terms of the many thousands of miles of sea-floor pipe that carry gas and oil from offshore platforms to onshore facilities, hurricanes Katrina and Rita were comparatively mild.
"We don't think that the pipelines are as big a problem as they were last year with Ivan," said Gary Strassberg, spokesman for the Minerals Management Agency.
That takes some pressure off subsea construction. It also helps ease the workload for repair specialist Cal Dive …
