Page 19: of Maritime Reporter Magazine (April 1998)

GULF COAST REPORT

Global Marine Significantly Extends Its Deepwater Capabilities With Two Newbuilds

Belfast's Harland and Wolff

I (H&W) recently won a $300 mil- lion order to build an oil and gas

I drillship for Houston-based Global [Marine Inc., with Global holding

I an option to build a second similar [vessel at the yard. The first drill- jship is scheduled for delivery in

I the fourth quarter of 1999, and will [be chartered by Global Marine to [Australia's BHP Petroleum for oil

I exploration in the Gulf of Mexico. [The second drillship is scheduled [for delivery in the first quarter of 12000, if the option is exercised. [H&W's chief executive said the

Icontract represents a break-

Ithrough for the yard into a new [sector of the offshore market. It is also the first contract awarded by a

U.S. company to the yard since it switched its focus from normal shipbuilding to the specialized off- shore oil and gas market, he said.

H&W is now part of offshore group

Fred Olsen Energy.

GLM Contracts For Rig

Global Marine Inc. (GLM) will build a second, new ultra-deep- water oil rig, which is expected to bring in $208 million over three years. The second Glomar 456 class dynamically-positioned drill- ship was commissioned by Exxon

Exploration Group and brings

Global Marine's deep-water fleet to 10 rigs. Until the end of June 1998, Exxon could elect to reduce

HYPACK for WINDOWS . i % The HYPACK series of advanced design programs continues to build on the Coastal Oceanographies reputation for reliability, accuracy, ana fast, world-wide service. . ... •-wHM

HYPACK Hydrographic Software gives you the hydrographic power to lay out survey lines, create plotting sheets, and design cross sectional profiles in a flash. Graphically review your survey data and create new planned lines. Customize your screen sizes. Input up to nine devices, simultaneously. Have single and multibeam data collection capability at your fingertips. Display and edit tracklines, t r . t , sounding profiles and text data. Apply tide, draft, neave-pitch-roll and sound velocity corrections.

Plus: Full DXF/DGN Support. Plotting, including smooth sheets. The ability to create cross section profiles of multibeam ana longitudinal data. And a complete look at your Volumes, including average end area, prismoidal, contour and TIN models.

HYPACK's TIN Modeling Program

HYPACK's Survey Program

COASTAL OCEANOGRAPHICS, INC. 11-G Old Indian Trail

Middlefield, CT 06455

Phone: (860) 349-3800

Fax: (860) 349-1982 http://www.coastalo.com

Circle 217 on Reader Service Card the contract term to two years, in which case Global Marine would have the right to market the new rig for a one year during the three- year term. The second new

Glomar 456 class drillship is scheduled to be delivered in the first quarter of 2000 and will ini- tially be outfitted to work in up to 8,000 ft. of water.

BIG BLUE

View Your Entire

Loading Operation

In One Glance!

The on-deck cargo loading display is designed for use by shipboard personnel on board tank ships and barges to view the complete loading operation in one glance. It is built for the harshest environ- ments of temperature, water, salt, and vibration.

It is approved by both ABS and USCG in full com- pliance for on-deck cargo loading operations. • Tank ullages in feet, inches or meters. • Individual tanks rate-of-fill or empty in

BBLS/Tons/GAL or metric. • Individual tanks time-to-full or empty in

HR/Minutes. • Individual tank temperatures. • Header pressure. • Individual pump status ON/OFF. • Two alarm set points for ullage, temperatures and pressures. s

ELECTRONIC MARINE

SYSTEMS, INC. 800 Ferndale Place

Rahway, NJ 07065

Call today for more information! 732.382.4344 732.388.5111 fax [email protected] e-mail

Vpril, 1998 Circle 228 on Reader Service Card 19