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the M/S Normand Hunter for a three-year period for work on the Brazilian continental shelf. The contract, to begin on February 1, 1998, was worth around 98 million crowns, Solstad said in a state- ment. Petrobras also has two one year options to extend the con- tract, which would be worth a fur- ther 65 million crowns, the compa- ny said. Princess Cruises, is the largest passenger ship ever built. At 109,000 gt, the ship has a capacity of 3,300 passengers and 1,100 crew. The ship will be handed over to Princess Cruises, the Los Angeles-based subsidiary of the P&O Group, in spring 1998. FGII Wins $264M In Contracts Friede Goldman International Inc. (FGII) reported that its sub- sidiary, HAM Marine Inc., won a $137 million contract and signed another $127 million tentative agreement to outfit drilling rigs in the North Sea. The company also said it had already decided to extend the expansion of offshore facilities being expanded under a project due to be completed next year. The outfitting agreements are with Ocean Rig ASA of Norway, Friede said. Options to outfit a third and fourth rig have been negotiated, the company said. Marine Drilling Enters $23M Agreement Marine Drilling has reportedly entered into a $23 million contract with Premier Oil for the use of the semi-submersible KAN TAN 3 rig. The company said that the initial nine-month contract begins on April 1, 1998, for work offshore Myanmar in Southeast Asia. The company said it expects to formal- ize a contract for subsequent work within the next few months. Texaco Signs Contract Texaco Inc. and Falcon Drilling Co. signed a contract for Texaco to use Falcon's Peregrine VIII, a deepwater drillship capable of operations in 8,000 ft. of water. The contract provides for a prima- ry term of three to five years, as elected by Texaco prior to delivery. Falcon will convert the Kassos, a 921-ft. oil bulk-ore carrier with a displacement of 135,000 tons. The unit, which is expected to be ready January, 1998 World's Largest Cruise Ship Completes Sea Trials Italian shipbuilder Fincantieri said preliminary sea-trials of the Grand Princess cruise ship have been successfully completed. The Grand Princess, currently under completion at Fincantieri's Monfalcone shipyard for P&O for service in mid-1999, will have oil storage capacity in excess of 300,000 barrels. Texaco Exploration President Bruce Appelbaum said, "The addition of the Peregrine VIII to the fleet of deepwater rigs under contract to Texaco will enable us to pursue our aggressive plans to quickly and cost effectively evalu- ate Texaco's high potential deep- water acreage off the coast of West Africa." Texaco currently holds an interest in more than 7.3 million acres in water depths in excess of 1,300 ft. off of West Africa. Petrobras Contracts Normand Hunter Solstad Offshore ASA said Brazil's Petrobras had contracted Circle 236 on Reader Service Card TRIED & TRUE. Lang Convection Ovens are sure to fit all your baking needs to a "T". 1 Lifetime door mechanism guarantee. 1 Easy-to-use knob controls. • Even baking for perfect product every time. To learn more about Lang's line of heavy- duty marine galley equipment, call: lang 1-800-882-6368 6500 Merrill Creek Parkway Everett, WA 98203 Circle 244 on Reader Service Card Single > ,1 twin channel compact portnbi< fof fiti! cylinder dh^lfUf! pi«fsur« aip^ib HIGHEST ACCURACY BEST PRESENTATION f OF RESULTS » I RUBBED CONSTRUCTION GH START TODAY The Doctor systems provide IHH extensive information on the "— performance of etigines^KSEHpM^^^- quickly, simply and ^flHB^fl S&^HU accurately. ^MSjB^yVg'JijRIss^^K^BBj Also available gtZ^^j^^S^^^J^^J and fully feature^, ". " ON-UHI systenf t P syii/f/iisMi mrnmiurmmm an Wm» mmmmm AT THNIKs TOUCH OF A BUTTON New Console System Technologies for the EOS! It is designed to fit like a glove in any ECR for refit or new construction with all the advantages of Big Green's modular technology. These new concepts in console system design lets you select the layout. We make it modular for one day assembly and the lifetime maintenance access is unparalleled in the marine industry. • ACC certified shown above. • Logger-installed in pull-out draw on left side. • Customer requirements of gauges and annunciator easily accommodated. • Redundant displays CRT, LCD, plasma standard. • Keypad summary alarms. • Lightweight. • Data buss control and monitoring. • 2 wires to the console above monitors every point on the vessel. • Call today for more wm information! ELECTRONIC MARINE SYSTEMS, INC. 800 Ferndale Place Rahway, NJ 07065 732.382.4344 732.388.5111 fax emsmarcon@aol.com e-mail Circle 222 on Reader Service Card