Page 73: of Maritime Reporter Magazine (February 1997)

(Continuedfrom previous page)

Valued at approximately $420 million, the contract has been awarded to a consortium comprising Kvaerner Engineering in Oslo, and

Swiss-based Single Buoy Moorings Inc., a mem- ber of the IHC Caland group (The Kvaerner-

SBM Consortium). Kvaerner will provide the complex topsides for the production barge and

SBM will provide the large diameter turret mooring and fluid transfer system. The con- tract for building the hull has already been awarded to Korea's Samsung ! and this will be incorporate contract and managed by tfre "Winning this contract agatffet int competition confirms our key p" sitiorras plier of complete offshore installations," said

Tore Bergersen, executive vice president of

Kvaerner Oil & Gas. "The order is particularly important for Kvaerner Oil & Gas Norway because ... it shows that Norwegian engineering firms are internationally competitive." "SBM's advanced turret and high pressure swivel technology and their experience as a turnkey supplier and operator of floating pro- duction systems will contribute to the success of the consortium," said J.D. Bax, president and

CEO of IHC Caland N.V.

The contract embraces design, procurement, fabrication, supervision, commissioning and start-up of the production vessel. It also includes for planned and unplanned mainte- nance over the first three years of the field's operation phase with an option throughout the life of the field. This vessel is due to produce va^ttfurfhe Laminaria and Corallina in the Timor Sea off northwestern ater depths in the area are around 198 m). Due to come on stream at the turn of the year 1998/99, the barge will have a daily production capacity of roughly 170,000 barrels and will be able to store approximately 1.4 million barrels. Measuring 895 x 164 x 92- ft. WARRji JOXLA-NN,NM 11PN11 iii^mielargest production vessel designed to date.

For more information from Kvaerner Oil & Gas

Circle 46 on Reader Service Card

Hitec Gets Green Light For

Drilling Facilities Upgrade

Hitec ASA reportedly it received a letter of intent from Smedvig

Offshore to upgrade the current drilling facilities at Statoil's Stafjord

A platform in the North Sea. Main parts of the contract include new pipe handling equipment, a new driller's cabin and drilling instru- mentation system.

Plug & Abandonment Rig For

Ekofisk

Hitec has received a letter of intent from Smedvig

Offshore, regarding the delivery of a new rig for use in the Greater

Ekofisk area.

The rig is of a new, modular design, mak-

ASNE Day 1997 Program

Highlights • One day forum for Navy & industry interaction on DoD Acauisition Reform initiatives, their impact on the maritime industry and naval engineering • Technical papers on cos£pf o^fi^HiK engineering for the IittayraICrotaIshia" engineering, mo^lingpndylii^iiiTWon, combat systems and fOSp^Jiner\Wnd electrical • Exhibits featuring the latest information and technology available from more than 80 companies • Special professional development seminars following ASNE Day will address ship acquisition milestones, ship life cycle maintenance 8c the

Fleet Modernization Program • Register Now!! Room rates $149 single, $179 double until 18 February 1997 19-20 March 1997, Sheraton Washington Hotel

Washington, D.C.

Contact ASNE for more information 703-836-6727; Fax 703-836-7491, or visit the ASNE

Home Page at http://www.jhuapl.edu/ASNE for the latest information

EASY K0TE

A NEW MULTIPURPOSE SURFACE TOLERANT PAINT

February, 1997 Circle 269 on Reader Service Card • POTABLE WATER - Classified by UL under ANSI/NSF standard 61. Qj^ • SALT WATER BALLAST - Type approval from ABS, DNV, BV, others pending. • PAINT PRIMER - Top coat with acrylics.

EASY KQH-TB a water bagee^Bpdifiej^phalticicoating that dries to a semihard finish. It is yw^W^JU^T^i^ant, arif inexpensive to use.

EASY KOT^af^MniNlmiiJ^a cSmprilien^iuJtestina by Marine Materials

Technology Cjnt*eJ#^j(iiCTMate?Ta?Research in Norway which resulted in a class rating of C - 2. ^ OVERSEAS

DISTRIBUTORS

NEEDED DIVISION

ROYAL CHEMICAL CORP.

P. O. BOX 342 • GRETNA, LA.70054

USA 504/392-8811

Fax 504/392-2173

Circle 224 on Reader Service Card 73