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2004 World Yearbook FPSO Spending: 1999-2008 ill (Source: The World Floating Production Report, Douglas Westwood) nine installations — five TLPs, two spars, a barge and a FPSO — are forecast with a total capex of $1.7 billion." The World Floating Production Report uses information from The World Floating Production Database, a new information system from Douglas-Westwood. According to data- base editor. Georgie MacFarlan, "over the next five years we expect just 12 operators to account for 60% of the installations and almost 80% of the capex forecast worldwide for the 2004-2008 period. "Petrobras, with 13 installations fore- cast, is expected to be the biggest spender, fol- lowed closely by ExxonMobil, then ChevronTexaco, BP and Shell." PPL Shipyard Wins $117.6M Rig Contract PPL Shipyard, a subsidiary of SembCorp Marine won a $117.6 million contract from Mosbarron Ltd., a subsidiary of Awilco AS of Norway, for the construction of a Baker Pacific Class 375 Jack Up Rig. The contract includes an option for another three units of jack-up with price adjustment for increase in drilling package. The design of the 120-person jack-up rig is a proprietary design of Baker Marine Pte. Ltd, a wholly owned sub- sidiary of PPL Shipyard. It is designed to oper- ate in 375 ft. of water and in-ground drilling depth of 30.000 ft. Work on the new rig is expected to commence in June 2004 with deliv- ery scheduled in the second quarter of 2006. To-date, PPL Shipyard has built 25 jack-ups and four semi-submersibles. It has in 2003 delivered the first deepwater jack-up drilling rig to GlobalSanteFe International with the second jack-up drilling rig recently delivered in March 2004. 1 in maritime equipment Cranes Marine and Offshore Cranes A wide range of cranes for cargoes, container and grab operations up to a capacity of 60t SWL. We also have a full range of store and service cranes with stiff-, telescopic- and knuckle booms, up to aprox. 600 TM. Manufacturing and supply We manufacture and provide first class marine and offshore cranes for all kinds of ships, exploration rigs, fixed or floating production platforms, at very competitive prices. Click or call us NORWEGIAN maritime equipment The worldwide marketplace www.nme.no P.O Box 244. 5480 Husnes, Norway Tel. +47 53 47 95 00 Fax + 47 53 47 34 99 E-mail: lime nme.no Circle 283 on Reader Service Card Now with leak detection" Smart Radar Level Sensor with Generic RS485 Output The first flat array antenna for liquid tank gauging. This software driven array allows for each sensor to remotely configure itself for the type of product as well as the structural characteristics within each tank. It is completely self-diagnostic and is factory calibrated using a laser interferometer to •1mm. It is designed for the harshest environments and can be provided in a high temperature version to 385°F. It is intrinsically safe with Class 1, Div. 1, Group D & C approvals. As a smart sensor, all processing calculations and software are resident in the device itself, only a high level generic data output, i.e., RS485 (or others on request) is sent to the cargo control area. Options: • Multiple alarm set-points • Temperature • PV Pressure • I.G. Pressure • Tank Management Software • Automated draft and trim s ELECTRONIC MARINE SYSTEMS, INC. 800 Ferndale Place Rahway, NJ 07065 Call today for more information! 732.382.4344 732.388.5111 fax emsmarcon@aol.com e-mail http://www.emsmarcon.com Circle 232 on Reader Service Card June 2004 37
