Page 20: of Maritime Reporter Magazine (November 1999)

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ately rted "TOUGH!" We use the word "tough" a lot around Kobelt. We also use the words "quality'/ "precision" and "world-wide warranty'.' Our reputation for superior marine controls and steering systems is international ? spanning over 23 countries and backed by 35 years of experience. We are the only company to use die-cast bronze components and stainless steel hardware exclusively, and our patented, 5 year warranty systems deliver longer and more reliable performance than any of our competitors. From manual hydraulic steering installations for smaller vessels to foil-power follow-up units for larger vessels, the Kobelt line-up includes mechani-cal, pneumatic, electric and electronic systems. When the going gets "tough" ? the tough have Kobelt. Control 8238 129th Street, Surrey British Columbia, Canada V3W 0A6 Sales: 604.590.7313 Fax: 604.590.8313 E-mail: [email protected] Website: www.kobelt.com Circle 283 on Reader Service Card /A /AC* Nothing but the best 60 Inip Drive, Inwood, NY 11096 USA Phone:1-800-645-7339 ? Fax:1-516-371-3134 WEB: http://www.mmcintl.com E-MAIL: [email protected] Affiliated companies: MMC Europe, Ltd. (UK) and MMC Asia, Ltd. (Japan) Whyifs Number One. The MMC Closed Trimode? meets exacting standards of accuracy - ±l/8-in. (3mm). -Plus, when it's installed in an MMC vapor-control valve, it is sealed gas tight, keeping in compliance with environmental and safety regulations. Constructed throughout to be suitable for chemicals. The stainless steel sensor is also compatible with hydrocarbons -no need for multiple sensors. MMC has been serving industry worldwide for over 50 years... our products are fully proven, widely accepted - and made in the USA. \ Lightweight and easy to carry -makes it perfect for taking tank top measurements. This instrument is rugged and durable. Offshore Report make the investment attractive. In fact, many offshore projects can be brought on stream for a cost that would be financially viable at $15 per barrel, and with tech-nology continually driving down production costs, lower breakeven points are like-ly in the future. According to SBM, a number of oil fields can be developed eco-nomically with oil prices as low as $10 per barrel, and Elfs Girassol development is expected to break even at $9 to $10 per barrel. The preceding is excerpted from International Maritime Associates' regular report on Float-ing Production Systems. For information on obtaining a full text version contact: Interna-tional Maritime Associates, James R. McCaul, 600 New Hampshire Ave., N.W., Suite 140, Washington, DC 20037; tel: 202-333-8501; fax: 253-681-7453; e-mail: imaassoc @msn. com Current Floating Production System Orderbook Field Type Location New/Conv Hull Topsides Capacity Brutus TLP GOM N Daewoo J. Ray McDermott 100,000 bpd oil; 9 MM cm/d gas Sunday Silence Mini-TLP GOM N Amfels omega Service 30,000 bpd Girassol FPSO Africa N Hyundai Hyundai 200,000 bpd Laminaria FPSO Australia N Samsung [c] Sembawang 170,000 bpd buffalo FPSO Australia C Jurong 40,000 bpd Marlira P37 FPSO Brazil C Jurong -150,000 bpd oil; 2 MM cm/d gas Espadarte FPSO VI FPSO Brazil Upgrade Keppel Pels -100,000 bpd oil; 2.5 MM cm/d gas Bijupira/Salema P45 FPSO Brazil C TBD -55,000 bpd Terra Nova FPSO Canada N Daewoo [c] Bull Arm 125,000 bpd Isis FPSO Med. C TBD -125,000 bpd Jotun FPSO North Sea N Kvaemer Masa [c] Kvaemer 90,000 bpd Triton/Guillemot W. FPSO North Sea N Samsung [c] Kvaerner 105,000 bpd Balder FPSO North Sea N Keppel Fels [c] UiE 80,000 bpd Kuito FPSO W. Africa C Sembawang 100,000 bpd Bluewater Spec FPSO TBD n Hitachi [c] TBD Roncador P36 SemiSub Brazil C Fincantieri [c] Davie Industries 180,000 bpd oil; 5 MM cm/d gas Marlim Sul P40 SemiSub Brazil C Jurong -150,000 bpd oil; 6 MMcm/d gas Asgard B SemiSub North Sea N Hyundai [c] Kvaemer 95,000 bpd oil; 40 MMcm/d gas Snorre B SemiSub North Sea N Dragados Aker Stord 110,000 bpd Troll C SemiSub North Sea N Hyundai [c] Umoe 190,000 bpd oil; 9 MMcm/d gas Diana/Hoover Prod. Spar GOM N Aker Mantyluoto B&R Bayou 100,000 bpd oil; 10 MMcm/d gas Roncador P47 FSO Brazil C AESA _ n/a Marlim P38 FSO Brazil C Jurong _ n/a Benchamas FSO SE Asia c Jurong -n/a Yetagun FSO SE Asia c Keppel _ n/a Asgard C FSO North Sea N Astano -n/a GOM = Gulf of Mexico [c] = hull completed Source; International Maritime Associates ifyou're OUt _ fo rfo^^ and say hello^^m to our neighbors. Walk to the Smithsonian, the National Air and Space Museum, and the Lincoln Memorial. We're located near all the attractions on the mall, including the Holocaust Museum. Enjoy luxury accommo-dations and our rooftop pool. For reservations, call (202) 484-1000, 800-23-LOEWS or your local travel expert. "Bestfamily hotel in DC" ?Parents Magazine *Per night. Taxes not included. Subject to availability. Be sure to ask for our Value Rates Starting at $^29 LOEWS L'ENFANT PLAZA HOTEL WASHINGTON D.C. www.loewshotels.com Circle 299 on Reader Service Card Circle 380 on Reader Service Card Maritime Reporter/Engineering News

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.