Page 9: of Maritime Reporter Magazine (June 1998)

MARINE FINANCE

Oceaneering Completes

Offshore Heavy Lift

Program

Oceaneering International, Inc. has successfully completed a major offshore heavy lift program aboard floating production, storage and offloading (FPSO) vessel Safiro

Producer. The heavy lifts were performed with the FFOSI on sta- tion and operating offshore

Equatorial Guinea, West Africa, with minimal interruption to pro- duction as part of the Phase 2 development of Zafiro Field for operator Mobile Equatorial Guinea

Inc. (MEGI).

Serving as project manager for the Phase 2 modifications to the

FPSO within an integrated Mobile- led team, Oceaneering managed the fabrication and offshore instal- lation of 10 modules with an over- all total weight of 3,000 tons. Five main lifts, ranging in weight from 300 to 830 tons, set modules for seawater treatment, water injec- tion, turbine generators, turbine fuel gas compression and a three- story quarters with accommoda- tions for 58 people were also installed . Lifts were performed by heavy lift derrick barge Pearl

Marine, operated by SaiBOS.

Austal Wins Contract From

Turkish Interest

Austal Ships has won a contract to supply two 282-ft. (86-m) Auto

Express high-speed vehicle/pas- senger catamarans to leading

Turkish fast ferry operator

Istanbul Deniz Otobusleri. The vessels are the first of their design in the Auto Express range. The first vessel, Adnan Menderes, was launched in April and the sec- ond is scheduled for delivery in

December.

Circle 47 on Reader Service Card

Bardex Scores Another

Deepwater System Contract

Bardex Industries has been cho- sen by R&B Falcon to provide a riser centralizer system and cen- tral hydraulic power units for an ultra-deepwater drillship. Bardex recently won contracts for the sup- ply of the same type of equipment for Deepwater Pathfinder and

Deepwater Frontier, each owned by separate joint ventures between

Conoco and R&B Falcon. All three

June, 1998 drillships are designed for opera- tions in water depths up to 10,000 ft. (3,048 m).

Shipment of the equipment under this latest contract will be

ABS certified and delivered later this year.

YVC To Take Over

Wilton-Fijenoord Shipyard

Yssel-Vliet Combinatic (YVC) has undergone negotiations with

RDM Technology Holding and

Wilton-Fijenoord Holding concern- ing the takeover of the repair yard

Wilton-Fijenoord at Schiedam.

Once this transaction occurs, YVC will conduct the ship repair, con- version and silencer fabrication at the Schiedam yard. 1938 - 1998

ON COURSE FOR OPTIMAL EFFICIENCY

A ship is operated as a business. That means efficient installations are as cru- cial on board as anywhere else. High technology, high precision, low mainte- nance equipment leads to lower running costs.

For 60 years VAF Instruments has delivered excellent measuring and control instruments for the shipping, shipbuilding, offshore and process industries. Our ISO 9001 certified organization can ^ rely on a worldwide network of sales and service points in more than 50 countries.

Four VAF tools leading to cost reductions

Fuel meters. Accurate and multi-functional, both for bunkering and fuel consumption.

S Viscotherm®. Fully automatic fuel viscosity con- trol systems. Improve the overall performance of your power plant.

Palco® Torque Measuring Systems. Continuously measure shaft power in proportion to fuel con- sumption.

Oilcon® oil-in-water monitors. Ensure compliance with MARPOL legislation, continuous measure- ment of oil content in ballast water.

Z~l VAF INSTRUMENTS 081 OiA

TO BE REALLY SURE

VAF Instruments B.V., P.O. Box 40. 3300 AA Dordrecht, The Netherlands.

Tel +31 78 6 18 31 00. Fax +31 78 6 17 70 68.

Circle 308 on Reader Service Card

Circle 306 on Reader Service Card

LINE-BLIND VALVES

A unique concept in line-blinding that eliminates spreading pipe/blind flanges

Just one screw releases or seals the spectacle plate. No reaching around pipes. No binding. No jacking the line. The cams do all the work. • Low initial cost

Safe one-man operation • Positive shut-off

Seal unaffected by piping misalignment • Simple, one man, spectacle changing

Various materials available. • Sizes 1 inch and up, Flanged or BWE

Write for new Bulletin CS-597

FETTEROLF/

CORPORATION

P.O. Box 103, Skippack, PA 19474

Tel: (610) 584-1500 • Fax: (610) 584-5904

Tel: (334) 79 75 10 04 • Fax: (334) 79 75 20 02

Flanged

Cam-Set

Line-Blind in

Open Position

Operating handwheel