Page 42: of Maritime Reporter Magazine (August 1996)

Russian-Norwegian Venture

Awarded 3-D Contract

Petroleum Geo-Services ASA announced that Exxon Neftegaz

Limited awarded a major 3-D marine seismic contract to a

Russian-Norwegian joint venture between Dalmorneftegeofizika

Trust (DMNG) and PGS.

The work, which reportedly has already begun, is being performed in the Sakhalin - 1 and Sakhalin - 3 areas, offshore Sakhalin, Russia.

The 3-D acquisition will be execut- ed by the Russian high technology vessel Orient Explorer, owned and operated by DMNG. Large scale 3-

D processing using IBM parallel supercomputers and PGS' propri- etary 3-D software will be under- taken onboard the seismic vessel.

PGS owns the majority of the seis- mic equipment onboard the vessel.

This contract reflects the

DMNG-PGS commitment to the region, with a seismic vessel that has been upgraded to the highest industry standards. The award also represents a breakthrough for

DMNG-PGS' efforts, which are focused on providing high-tech seismic solutions to a number of major field development projects currently underway in Sakhalin.

PGS is dedicated to this region and intends to deploy whatever equip- ment the oil industry demands to

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Circle 282 on Reader Service Card 44 assure the successful rapid devel- opment of the existing reserves.

This contract award follows the announcement made by Exxon

Corporation on June 10, that an agreement had been reached by the

Sakhalin - 1 consortium and the

Russian government to formally declare the Sakhalin Production

Sharing Agreement effective and begin the evaluation work on the estimated $15 billion Sakhalin - 1 project. The Sakhalin - 1 consor- tium is proceeding rapidly by acquiring this 3-D dataset, with plans to drill at least one well dur- ing 1996.

Global Marine Awards $6 Million Contract

Houston, Texas-based Stewart & Stevenson Services, Inc., a man- ufacturer of diesel and gas turbine powered equipment, announced that its Petroleum Products

Division was awarded a $6-million contract for the delivery of a marine riser system for deepwater drilling. This new generation marine riser system, which forms an extension of the well bore from the ocean floor to the drilling rig, was contracted by Global Marine

Drilling Company. The riser sys- tem will reportedly be used on

Global's Glomar Celtic Sea drilling rig, which will be operating in 5,000 ft. (1,524 m) of water in the

Gulf of Mexico.

Satcom Business Transferred

To Hughes Technical Services

The MAGNAPhone satellite communications business unit, acquired by Hughes Aircraft Co. with its 1995 purchase of

Magnavox Electronic Systems Co. (MESC), is being transferred to

Hughes Technical Services Co. (HTSC). The former Magnavox unit manufactures and markets marine and land-mobile satellite terminals for use with the global

Inmarsat network, under the trademarked MAGNAPhone brand name.

The MAGNAPhone business unit, formerly a part of Magnavox

West Coast Division based in

Torrance, Calif., is being split off from the rest of MESC and merged into HTSC, where there is a better organizational and technological fit for its Inmarsat maritime and land- based terminal product lines. The personnel, inventory and equip- ment of the MAGNAPhone unit will be shifted to the Hughes facili- ty in Long Beach by the end of the year. Until then, the group will continue to work out of the

Magnavox facility in Torrance, which is about eight miles from

HTSC Long Beach.

Magnavox has been one of the leading suppliers of Inmarsat ter- minals for marine and land mar- kets, with an installed base of more than 5,000 units.

Maritime Reporter/Engineering News