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North Sea Companies Link For Computer Venture Sun Oil, Enterprise, LASMO and Ultramar have linked forces and, together with EDS-Scion, created a new computerized system which could set a standard for North Sea offshore material management. After determining current exist- ing computer packages failed to meet the consortium's requirements, the group tapped the UK information technology services leader EDS- Scion to develop and successfully install IMP ALA, or Inventory Man- agement, Purchasing and Logistics Administration. The new system is an upgrade of Sun Oil's STOC II system, in operation in the North Sea since 1985. With IMPALA, the companies will have the capability to manage mul- tiple platforms and warehouse op- erations while minimizing inventory levels, analyze supplier perfor- mance, reduce paperwork and im- prove material usage. The IMPALA system provides a visible audit trail so users may track materials move- ments, allowing for better manage- ment of resources. Additionally, certification re- quirements for safety-related items are automatically posted to purchase orders and staff are prior alerted to hazardous materials receipt. The system can also produce all mani- fest and supporting documentation, for movement of material by road sea and air. Future additions to the IMPALA program scheduled for implementation this year include the ability to manage rented equip- ment, service orders, pre-receipt pro- cessing and buyer allocation. Daewoo Gets $94 Million Ship Order Daewoo Shipbuilding & Heavy Industries has received an order to build three modern bulk carriers of the 70,000 ton class from Czechoslo- vakian Ocean Shipping (COSI). The contract price was reported to be approximately $32 million per ship with delivery scheduled from the Okpo shipyard between late next year and early 1994. FMC Authority Hinges On Legislative Compromise The Federal Maritime Commis- sion (FMC) may gain new power to combat foreign shipyard subsidies should a compromise on proposed legislation be reached. The compro- mise between U.S. shipyards and ocean carriers would resolve indus- try and congressional concerns with the approach taken in the Bush ad- ministration maritime policy pack- age. But considering the testimony presented at the House Merchant Marine and Fisheries Committee's hearings on the comprehensive policy proposal, there is still much work to be accomplished. The legis- lative plan presented by Transpor- tation Secretary Andrew Card Jr. September, 1992 features a new subsidy for operators that enroll their ships in a seven- year defense requisition program. However, some U.S. shipbuilders and committee members criticized the plan for being too narrowly cen- tered on the problems encountered by vessel operators. Also at ques- tion is the feasibility of solely pro- hibiting U.S. carriers from receiv- ing ships from countries which are found to be overly subsidized, while other carriers may continue to do so. First Commercial Canadian Offshore Oil Project Begins Production Canada recently began produc- tion at its first commercial offshore oil project, called the Cohasset Project. The Cohasset Project is located about 205 miles southeast of Halifax, Nova Scotia, and is oper- ated by LASMO Nova Scotia. At the start about 14,000 barrels of oil were produced each day and the rate is expected to increase with the addi- tion of more wells. The Cohasset and Panuke oil fields make up the project. At the present time it is reported that the jack-up platform Rowan Goilla III, a combination drilling and production facility is located in the Panuke field for the 1992 pro- duction season and will be moved to the Cohasset site in 1993. 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