Page 12: of Marine Technology Magazine (March 2006)

www.seadiscovery.com Marine Technology Reporter 13 enable the company to grow within the emerging subsea boosting market.

Aker Kvaerner is also establishing a new $36.7 million manufacturing center in

Kuala Lumpur, Malaysia, scheduled to be operational in late 2006. The upgraded

Tranby facility will be a training ground for

Malaysian employees in preparation for operation of the new Malaysian facility.

The Tranby facility employs approximate- ly 500 people and supplies equipment for clients including Statoil, Total, BP, Murphy,

Shell, Marathon and Norsk Hydro, among others.

Wind Farm Installation Ships

Have O&G Future

A 14,000-ton ship called MV Resolution originally designed to install offshore wind turbines is expected to be sold and convert- ed for use in the oil and gas market, accord- ing to a report on www.telegraph.co.uk.

The move is a blow to the Government, which is pushing for 10 percent of the

U.K.'s energy to be generated from renew- able sources by 2010 in line with the Kyoto agreement. Resolution, which is based in

Teesside and cost about $70 million to build, is one of only two vessels in the world that can install offshore wind farms.

The buyout, made through a company called Marine Projects International (MPI), led by chief executive Paul Gibson and backed by Japanese bank Mizuho

International, safeguarded about 60 jobs in

Teesside. Close Brothers is understood to be advising on the Resolution sale and to have talked to several interested parties.

Bidders are expected to include companies from the oil and gas, construction and shipping sectors. (Source: www.telegraph.co.uk) news

REMUS 6000

Field proven track record with circle6

More than 10,000 survey kilometers performed in water depth deeper than 3,000 meters circle6

Numerous missions exceeding 20 hours in duration circle6

More than 10X mission efficiency compared to surface towed systems circle6 2 Systems fielded circle6

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Learn more about the REMUS 6000 AUV at www.hydroidinc.com.

Hydroid, LLC. 6 Benjamin Nye Circle, Pocasset, Massachusetts 02559

Tel: 508-563-6565 • Fax: 508-563-3445 • E-mail: [email protected] www.hydroidinc.com

Visit www.maritimeequipment.com/mt & Click No. 203

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