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Marine Finance Coflexip Stena Awarded $58 Million Contract One of Coflexip Stena Offshore's U.K. entities was awarded a large EPIC con- tract worth $58 million by BG Interna- tional for its Blake subsea field, offshore Scotland at a depth of 295 ft. (90 m). Situated approximately 9.5 km North of the Ross field in the Moray Firth, the Blake field will be tied-back to the exist- ing Ross FPSO Bleo Holm, operated by Talisman. Work scope for the project includes the installation of all the subsea struc- tures and control system, including a manifold with six production wells gath- ered around, as well as two satellite water injection wells. The engineering, manufacturing and installation of all the flowlines (rigid reeled, pipe in pipe, flexible) and umbil- icals for the infield and tie-back connec- tions; and the disconnection/reconnec- tion of the FPSO that will be towed to and back from a conversion yard during Summer 2001. NASSCO Awarded $230 Million Contract National Steel and Shipbuilding Com- pany (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program. The contract wraps-up the 20-vessel LMSR Program that NASSCO has shared with other U.S. shipbuilders. The company now has contracts for 11 ves- sels, three conversions and eight new constructions. Measuring 950 ft. (289.5 m) and con- taining 390,000 sq. ft. of cargo carrying space, the vessel's construction will commence this summer for mid-2002 delivery. Kongsberg To Provide Profiler For Fugro Kongsberg Simrad Mesotech has been granted a contract by Fugro Geoservices of Lafayette, La. to deliver a specially modified SM 2000 multibeam profiler, which is capable of operating depths of 3,000 m. The multibeam will be part of the development of Fugro's new DT- 3500, a technical enhancement of its current bottom-referencing deep water survey system — a system that will be installed in a tow vehicle. This device will gather bathymetric data on deep water surveys in a variety of areas, specifically the Gulf of Mexico. Circle 75 on Reader Service Card Kittiwake Nabs $800G Order Kittiwake, known for its rugged elec- tronic fuel and oil test equipment, has been granted an order worth approxi- mately $800,000 for Oil Test Centers to install an oil condition monitoring pro- gram in the Australian Navy. The U.K.- based compa- ny presently supplies for the U.K. Royal Navy, the navies of Spain and Brunei, as well as the Pacific and Atlantic fleets of the U.S. and Military Sealift Command. Circle 38 on Reader Service Card MacGregor Elevators Featured On Cruise Newbuilds MacGregor's passenger ship division recently raised its orders to 146 for installation of its elevators on cruise and ferry newbuilds in German yards. The latest contract encompasses a 21-eleva- tor shipset for Norwegian Cruise Line's 78,000-gt newbuild project Sky II cur- SUMMIT MARINE AND SURFACE TRANSPORTATION GROUP Navigate with confidence. Fast response to maritime customer needs. Maritime-specific products and solutions. Personal, specialized service and attention. Banking professionals who know your industry. Make Summit Bank's new Marine and Surface Transportation Group the home port for all your maritime banking needs. As your "maritime connection," your Summit Relationship Manager can provide the experience, resources and flexibility to recommend the best industry-specific banking solutions for your maritime company. Call Summit today and make sure your company's financial goals arrive safe and sound. For more information, call 1-800-852-1512 or visit us at www.summitbank.com Reach Higher §UMMIT BANK www.summitbank.com ta> Equal Housing Lender. Member FDIC. Equal Opportunity Lender. Summit, Summit Bank, Summit Bancorp, Reach Higher and summitbank.com are registered service marks of Summit Bancorp. 16 Circle 242 on Reader Service Card Maritime Reporter/Engineering News
