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www.seadiscovery.com Marine Technology Reporter 51 people & companies ed a two-year contract extension for the company's Fifth-Generation moored semi-submersible rig Deepwater Nautilus. The two-year contract extension is expected to commence in December 2006, in direct continuation of the rig's cur- rent contract. Revenues of approxi- mately $310 million could be gener- ated over the two-year extension peri- od, excluding revenues for mobiliza- tion, demobilization and client reim- bursables. The Deepwater Nautilus is current- ly operating for Shell Exploration and Production in the U.S. Gulf of Mexico and is expected to continue drilling operations for the remainder of 2005 and into 2006 before requir- ing an estimated 60 days of out-of- service time during 2006 to complete repairs of all remaining storm-related damage, which pertains mainly to the rig's mooring system. The rig, which entered service in 2000 following its construction in Ulsan, South Korea, is capable of operating in water depths of up to 8,000 ft. Oceanscan Welcomes Sri Lankan President Manel Monteiro, Sales & Marketing Director of Aberdeen based company, Oceanscan Limited, met with the newly appointed President of Sri Lanka, Mahinda Rajapakse, during a recent visit to the country. Against fierce competition from other companies, Oceanscan have been specifically selected to introduce new and highly technolog- ical equipment to Sri Lanka. During the recent visit Mr. Monteiro carried out successful trials of Oceanscan's new and innovative products, much to the satisfaction of the Government bodies who attended these trials. EGS Intl. Buys Dual Head EM 3002D EGS International bought a dual head Kongsberg Maritime EM 3002D shallow water multibeam sys- tem along with real-time operating software SIS, (Seafloor Information System) and Neptune post processing software. A Kongsberg Seatex MRU H attitude sensor was also purchased to provide attitude corrections for the system. The system was initially commis- sioned on the inshore survey/research vessel Wessex Explorer for work around the U.K. However the instal- lation has been designed for portabil- ity to be deployable for projects worldwide. PSS Wins Singapore Navy Contract Perry Slingsby Systems, in associa- tion with its local agent and tooling rental service provider, Cynergetix, won a Maintenance Contract from the Singapore Navy. The contract involves a full maintenance check and provision of spare parts for the Singapore Navy's Super Spartan ROV system. The works are to be car- ried out by Cynergetix engineers, who have been trained by PSS tech- nicians, on both the ROV's mother vessel and in Cynergetix' Singapore workshop. The Super Spartan ROV is destined to become a key part in the Singapore Navy's Submarine Rescue Capability, which is currently at the Tender stage. Valkyrie Establishes New Record Valkyrie Commissioning Services, Inc. reported that it set a new subsea hydrotesting depth and pressure record by pressurizing a subsea-to- subsea pipeline to 12,563 psig, and remotely recording the hydrotesting data in 5,715 ft. of seawater. The hydrotest was accomplished using Valkyrie's Subsea Pipeline MTR#1 (49-64).qxd 1/9/2006 3:47 PM Page 51