Maritime Reporter, March 1997

<BODY> <div> PGS Acquires Vessels Petroleum Geo-Services ASA has finalized its acquisition of R/V American Explorer, R/V Ocean Explorer and M/V Nordic Explorer. In addition, it has an agreement in place with the owner of M/V Atlantic Explorer to purchase the vessel subject to the owner's board approval. This last acquisition was expected to be closed at press time. R/V American Explorer was built in 1983 for Shell Oil Company. This 300-ft. (91.4-m) vessel was designed and built specifically for seismic research. It has been char- tered by PGS since 1993 and is now working in the North Sea. R/V American Explorer is classed by DNV and is currently towing six streamers. R/V Ocean Explorer was built in 1979 in Norway. This 266-ft. (81- m) vessel was converted to a seis- mic research vessel in 1993 at North American Shipbuilding in LaRose, La. The vessel has been chartered by PGS since 1993 and is now working offshore West Africa. It is classed by DNV and is cur- rently towing five streamers. M/V Nordic Explorer was built in 1986 and has been chartered by PGS since 1993. This 269-ft. (81.5- m) vessel is now working in the Asia Pacific region off the Northwest shelf of Australia. It is classed by DNV and is currently towing five streamers. M/V Atlantic Explorer was built in 1987 and has been chartered by PGS since 1994. This 299-ft. (91- m) vessel is now working in the Middle East and will relocate to either the North Sea or West Africa later this year. It is classed by DNV and is currently towing six streamers. Petroleum Geo-Services is an oil- field service company which princi- pally acquires, processes and mar- kets 3-D and 4-D marine seismic data used by oil and gas companies in the exploration for new reserves, the development of existing fields and the management of producing fields. Turret Bearing System Installed On FPSO AmClyde Engineered Products, Inc. has completed the turnkey delivery of a turret bearing system which has been installed in an oil tanker being converted into an Floating Production Storage and Offloading (FPSO) vessel. The installation was performed at the FELS shipyard in Singapore last year, and the vessel, SPU-380, will be operated by Exxon in the North Sea's Balder field. The tur- ret bearing scope of the project was valued at approximately $3 mil- lion. The AmClyde patented turret bearing enables tankers or other vessels to be reconfigured to float- ing oil production or storage plat- forms. The turret bearing design solves the problems associated with anchoring these vessels in deep water while allowing them to weathervane in the wind and cur- rents as originally designed to do. It also provides a means for attach- ing the oil production equipment to ocean floor. For more information from AmClyde Circle 29 on Reader Service Card Circle 202 on Reader Service Card GOLTENS — 'ROUND THE CLOCK, 'ROUND THEWORLD. CRANKSHAFT GRINDING When Goltens reconditions crankshafts, crank- pins and main journals, in most instances we are able to do the job without removing the shaft. Our in-situ grinding saves you downtime and money. Or, if your job is best handled in- shop, Goltens has facilities worldwide to do the job fast. And we've been doing it for over 50 years. For all your crankshaft needs, count on Goltens. We'll do the job right away...and we'll do it right. Goltens WORLDWIDE Oslo (47-22) 68 90 80 Hong Kong (852) 2775 0161 • Dubai (971-4) 341642 Shanghai (86) 21 4811721 • Singapore (65) 8 61 52 20 Rotterdam (31-10) 4 79 00 • Jakarta (6221) 640 8091 Wilmington, CA (310) 549-2550 • Miami, FL (305) 576-4410 Fairhaven, MA (508) 993-2631 • New York, NY (718) 855-7200 GOLTENS — 'ROUND THE CLOCK, 'ROUND THEWORLD. DIESEL ENGINE OVERHAUL WORLDWIDE Oslo (47-22) 68 90 80 Hong Kong (852) 2775 0161 • Dubai (971-4) 341642 Shanghai (86) 21 4811721 • Singapore (65) 8 61 52 20 Rotterdam (31-10) 4 79 00 • Jakarta (6221) 640 8091 Wilmington, CA (310) 549-2550 • Miami, FL (305) 576-4410 Fairhaven, MA (508) 993-2631 • New York, NY (718) 855-7200 For over 50 years, the repair and maintenance of diesel engines has been the number one priority at Goltens. Our engineers and mechanics are experienced with all types of engines. And because we complement our 'round the clock, 'round the world service with spare parts inventory from virtually all the top manufacturers, we are able to keep your downtime to an absolute minimum. So for diesel engine repair, complete overhaul or re-engining in port, at sea, or at your plant — count on Goltens. We'll do the job right away... and we'll do it right. Goltens March, 1997 Circle 331 on Reader Service Card 55 </div> <span id="lblContents"></span> <br /> <br /> <a href="http://www.digitalwavepublishing.com/" title="Digital Magazine">Digital Wave Publishing</a> </BODY>