Page 6: of Marine Technology Magazine (July 2008)

6 MTR July 2008

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The World Floating Production

Market Report 2008-2012

Floating production has proved a cost- effective method of developing both mar- ginal and world-class offshore fields world- wide. In the past five years, 84 floating pro- duction units of varying types have been installed. In the next five years, the forecast is for the installation of over 123 floaters.

The World Floating Production Report by energy business consultants Douglas-

Westwood is designed to deliver an overview of future prospects within the floating pro- duction sector. It analyses historic and future FPS installations over the period 2003-2012 by region, operator, water depth, and vessel type. www.dw-1.com $2.5B for Russia's First

Sub-sea Infrastructure

Lukoil announced plans to spend some $2.5 billion to build Russia's first subsea pipeline network, which will be an integral part of its plan to develop two major fields in the Caspian Sea, according to a report on www.energytribune.com. By 2020, the com- pany hopes to have over 2,000 km of under- water flow lines in place in the Caspian Sea's northern sector, and the first phase of the project could be onstream by 2012.

The part of the Caspian shelf that belongs to Russia contains over 88.25 Tcf of gas and 2.25 billion barrels of oil.

DSV Contract Signed

Singapore Technologies Engineering Ltd (ST Engineering) said that its marine arm,

Singapore Technologies Marine Ltd (ST

Marine), won a $94m contract to build and outfit a Diving Support Vessel (DSV) for a foreign customer registered in Singapore.

Construction is scheduled to begin in

January 2009 and delivery is planned for mid 2010.

Brazil Oil Reserve Gets

Dedicated Spill Support

Following the world's largest oil discovery in eight years — the Tupi field — the South

America office of Applied Science

Associates, Inc. (ASA) announced a contract with Petrobras that represents a more dedi- cated model for emergency spill support.

Petrobras expanded its relationship with

ASA, to provide an enhanced support con- tract for emergency preparedness through dedicated oil spill modeling and response.

Many of the world's energy producers pur- chase and use OILMAPM, ASA's oil spill modeling and simulation software.

Traditionally, OILMAP licenses are pur- chased by energy companies with ASA pro- viding support, training, and software updates. Petrobras has commissioned a ded- icated staff of ASA's professional modelers to work on site and on-call 365 days a year.

MTS ROV Committee Announces Scholarships

Laura Fenton, Joshua Leighton, Brycen Nakashimi, and Brian Tiefenbach have been selected as recipients of the Marine Technology Society's 2008 ROV Committee

Scholarships. In addition Dominique Evans, Milton Lywood, and Stacy Mauzey received special MATE Center MTS ROV Committee Scholarships. Drew Michel, Chairman of the ROV Committee of MTS initiated the scholarship program in 1994. Since then it has awarded over $120,000 to deserving students. Scholarship applications for 2009/10 must be received by April 15, 2009. Details on how to apply and additional information on the MTS ROV committee can be found at http://www.rov.org/

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