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    October 2, 2021
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UPDATE FALL 2021 P The Gulf Coast Cajun Connection ORTOFIBERIA Craig F. Romero - Executive Director Danny J. David - President Roy A. Pontiff - Vice-President Shane M. Walet - Secretary-Treasurer Simieon d. Theodile, Sr. E.R. "Smitty" Smith, II Patrick Broussard | Mark T. Doré PRIME PROPERTY AVAILABLE - CALL 364-1065 MESSAGE FROM AGMAC UPDATE EXECUTIVE DIRECTOR The Port of Iberia recently completed another step to deepen the Acadiana Gulf of Mexico Access channel the end of 2022. This $38 million dollar project is funded by the State of Louisiana Capital Outlay funds. Drilling contractor, Seadrillis officially open at the Port of Iberia. Seadrill (AGMAC). As required by the Corps of Engineers, four pipelines have been lowered to prepare for dredging from the port to the Gulf of Mexico via the Intracoastal Canal. The AGMAC "This has been a long process and we are excited to be closer to dredging," stated Craig Romero, Port of Iberia Executive Director. "This project will give the Port of Iberia the capability of allowing much larger vessels to access our port, therefore creating more job opportunities for all of Acadiana. I'd like to thank our entire moved from its 25 acre and 14,000 square foot facility in Houma to Craig Romero, project will create a 16' depth in the Commercial Canal up to the Gulf Intracoastal Waterway. The Port recently received bids from potential dredging contractors and expect to award the contract soon. Dredging should begin before the end of the year with expected completion by the new 57-acre Executive Director 200,000 square foot warehouse at the Port of Iberia. Seadrill will inventory parts and components to repair and maintain drill ships from across the globe. According to Lynn Usie, Seadrill's Global. Warehouse Manager, the company is already reaping the benefits of the new location. Usie explained that during the company's first week, it was able to use just one vessel as opposed to several to send off 40 joints of deepwater risers, saving the company money. Acadiana legislative delegation for securing the necessary funding to make this project possible." The Port of Iberia recently negotiated a lease with Aquadrill US Gulf, LLC for 15 acres of property with buildings. Aquadrill will operate two drill ships for Seadrill. Diamond Offshore has contracted with Seadrill AGAC to operate several of their drill ships as well. "Ever since Seadrill announced they were moving to the Port of Iberia we've received numerous inquiries from other companies expressing interest in the port," stated Craig Romero, Port of Iberia Executive Director. "Seadrill has made it a priority to use suppliers and companies at the port and in our area. This will create more jobs for the Port of Iberia and businesses across Acadiana. It's a win-win for all." P.O. Box 9986, New Iberia, LA 70562-9986 · Phone (337) 364-1065 · Fax (337) 364-3136 - Emait info@portofiberia.com www.portofiberia.com UPDATE FALL 2021 P The Gulf Coast Cajun Connection ORTOFIBERIA Craig F. Romero - Executive Director Danny J. David - President Roy A. Pontiff - Vice-President Shane M. Walet - Secretary-Treasurer Simieon d. Theodile, Sr. E.R. "Smitty" Smith, II Patrick Broussard | Mark T. Doré PRIME PROPERTY AVAILABLE - CALL 364-1065 MESSAGE FROM AGMAC UPDATE EXECUTIVE DIRECTOR The Port of Iberia recently completed another step to deepen the Acadiana Gulf of Mexico Access channel the end of 2022. This $38 million dollar project is funded by the State of Louisiana Capital Outlay funds. Drilling contractor, Seadrillis officially open at the Port of Iberia. Seadrill (AGMAC). As required by the Corps of Engineers, four pipelines have been lowered to prepare for dredging from the port to the Gulf of Mexico via the Intracoastal Canal. The AGMAC "This has been a long process and we are excited to be closer to dredging," stated Craig Romero, Port of Iberia Executive Director. "This project will give the Port of Iberia the capability of allowing much larger vessels to access our port, therefore creating more job opportunities for all of Acadiana. I'd like to thank our entire moved from its 25 acre and 14,000 square foot facility in Houma to Craig Romero, project will create a 16' depth in the Commercial Canal up to the Gulf Intracoastal Waterway. The Port recently received bids from potential dredging contractors and expect to award the contract soon. Dredging should begin before the end of the year with expected completion by the new 57-acre Executive Director 200,000 square foot warehouse at the Port of Iberia. Seadrill will inventory parts and components to repair and maintain drill ships from across the globe. According to Lynn Usie, Seadrill's Global. Warehouse Manager, the company is already reaping the benefits of the new location. Usie explained that during the company's first week, it was able to use just one vessel as opposed to several to send off 40 joints of deepwater risers, saving the company money. Acadiana legislative delegation for securing the necessary funding to make this project possible." The Port of Iberia recently negotiated a lease with Aquadrill US Gulf, LLC for 15 acres of property with buildings. Aquadrill will operate two drill ships for Seadrill. Diamond Offshore has contracted with Seadrill AGAC to operate several of their drill ships as well. "Ever since Seadrill announced they were moving to the Port of Iberia we've received numerous inquiries from other companies expressing interest in the port," stated Craig Romero, Port of Iberia Executive Director. "Seadrill has made it a priority to use suppliers and companies at the port and in our area. This will create more jobs for the Port of Iberia and businesses across Acadiana. It's a win-win for all." P.O. Box 9986, New Iberia, LA 70562-9986 · Phone (337) 364-1065 · Fax (337) 364-3136 - Emait info@portofiberia.com www.portofiberia.com