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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