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Offshore Annual Marflex Pumps Produce for FPSO Marflex, established in 1980, special- izes in manufacturing and delivering electric driven Deepwell cargo and bal- last pumps. Marflex recently signed an order with Belanak representing its first major FPSO/Offshore project. The intended use of the cargo pumps is the cargo and condensate off-loading and slops handling. The ballast pumps are intended for ballast transfer and debal- lasting of the FPSO. The pumps were all made of stainless steel material grades: SS 316L or Super duplex (25 Cr). Circle 18 on Reader Service Card $126M Newbuild Contract Now Effective Keppel FELS announced that its rig- building contract with the Skeie Group AS has come into effect on February 16, 2004. The $126 million contract includes an option for an additional unit within the next six months. Developed by Keppel FELS' sister company, Offshore Technology & Development, the rig will be an enhanced KFELS B class jackup, capable of operating in water depths of up to 350 ft. and high pressure high temperature (HPHT) deep drilling of down to 35,000 ft. The rig is due for delivery in 2Q 2006. Delta Wave Expands Service Line Delta Wave Communications, Inc. now offers complete mobile satellite solutions, including VSAT, the New Inmarsat Fleet and Inmarsat RBGAN services, as well as Iridium and Globalstar mobile satellite equipment and services. After having provided equipment and installation service for the last seven years, Delta Wave Communications, Inc. had previously facilitated airtime billing through Stratos Mobile Networks for their cus- tomers. Delta Wave is now responsible for monthly satellite airtime billing with their in-house developed airtime billing program for their current and potential clients. This has been made possible due to a new "Stratos Distribution Channel Partnership" recently formed with Stratos Mobile Networks. Delta Wave is also a direct dealer for Globalstar products and airtime. Circle 46 on Reader Service Card Hydro's Board Seeks Share Buyback At the company's Annual General Meeting May 11. 2004. the Board of Norsk Hydro ASA will ask for authori- zation to buy back shares. Under this authorization, the Board may buy up to 2,808,810 of the company's own shares in the market, over the 18 months period commencing May 12, 2004. Each share may be purchased at prices ranging from NOK 200 to NOK 700 per share. Maritime Reporter & Engineering News AT THE HEART OF EVERY GREAT VESSEL Circle 211 on Reader Service Card Circle 302 on Reader Service Card IS A HEALTHY ENGINE ROOM At the heart of every engine room is a great ventilation system BE SURE TO INSIST ON DELTA "T" SYSTEMS DON'T ACCEPT ANY SUBSTITUTES Delta "T" Systems designs and manufactures all of their own components including centrifugal fans, marine fans and blowers, ventilation control systems and moisture eliminators. CALL THE ENGINE ROOM VENTILATION SPECIALIST DELTA "T" SYSTEMS 858 West 13th Court Riviera Beach, FL 33404 Tel: 561.848.131 1 Fax: 561.848.1611 info@deltatsystems.com ® Offshore Stability & Loading ® Cargo Stowage & Load Planning ® Onboard Stability & Strength Evaluation (?) Ship Design & Construction Why go ar auto www.autoship.com