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NEW CONTRACTS:
DOF has signed a new contract with PMS/Burullus in Egypt.
The contracts have a value of $25 Million and will be covered by the new ships SKANDI PMS I and SKANDI PMS II, duration of the contracts are 18months with option of additional 6 months.
DOF has extended their contract with SHELL UK for Skandi Falcon and Skandi Marstein, duration of the contract is May 2005 for Skandi Falcon and June 2005 for Skandi Marstein.
FARSTAD has signed two 5 year contracts for Far Scandia og Lady Kari-Ann with ESSO AUSTRALIA,the value of the contracts are NOK 350 Million.FARSTAD have 18 ships in the AustralAsia region.
NEW ROVSURVEY SHIP DELIVERED TO OSTENSJO
NORWEGIAN TEXT
MS Edda Fonn ble dopt ved fossefallet Sju Sostre
i Geirangerfjorden. Akkurat da solen tittet fram
lordag ettermiddag.
Skipsreder Johannes Ostensjo's yngste datter
Sonja, var gudmor for den hittil siste tilveksten
til flaaten i Ostensjo Rederi AS. 100 inviterte
gjester var med paa daapsseremonien ved det
beromte fossefallet i Geirangerfjorden en
halvtimes reise fra Geiranger.
Edda Fonn er bygget ved Myklebust Verft paa
Sunnmore. gjestene gikk om bod i skipet ved
verftet i Gurskebotn, og ble fraktet inn
Geirangerfjorden. Etter daapen gikk skipet videre
til Geiranger, hvor det var daapsmiddag.
Administrerende direktor Johannes Rokstad er full
av lovord baade om verftet og skipet, og han
mottok ogsaa mange superlativer om Edda Fonn fra
deltakerne paa jomfruturen.
Edda Fonn er et saakalt ROV/Survey-skip. Det er
moderfartoy for en fjernstyrt miniubaat (ROV) og
skal drive inspeksjon og kartlegging av
sjobunnen, i forste omgang i Nordsjoen. Skipet er
utleid til Deep Ocean, og skal gaa i selskapets
kontrakter med Norsk Hydro og Statoil.
Den forste jobben blir aa kartlegge den nye
rorledningen fra Ormen Lange til England,
opplyser Rokstad.
Haugesunds-rederiet har i forste omgang inngaatt
en treaarig avtale, med to aarlige opsjoner for
Edda Fonn.
Skipet er rederiets nybygg nummer 30, det 24 i
Norge. Naar Ostensjo Rederi overtar Edda Fonn i
neste uke, har rederiet 21 skip i flaaten sin.
Rene yachten Sier Johan Rokstad om nyskipet.
Edda Fonn er registrert i NOR det ordinaere
norske skipsregisteret. Skipet har norsk
mannskap. Besetningen vil variere fra 11 til 16.
Fartoyet er designet av Skipsteknisk AS i
Aalesund, og har typebetegnelsen ST-253. Det er
84,7 meter langt og 18 meter bredt. Det har en
100-tonnskran og helikopterdekk. Toppfarten er 17
knop.
Mannskap og arbeidere faar gode forhold om bord.
Edda Fonn har 38 enkle og 14 doble lugarer, tre
salonger, messe, trimrom, solarium og badstu.
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NEW ROVSURVEY VESSEL
New ROV vessel delivered to Ostensjo Rederi in June 2003.
The vessel was christened to "Edda
Fonn" on 10.05. in Geiranger,Norway.The
vessel is 84,7m L and 18m W, it is rigged with a
100T crane and is on a 3year charter to
DeepOcean with 2x1year option.
The vessel have DP2 class.
Read more about this newbuilding and the rest of
the Ostensjo fleet at:
Ostensjo Rederi WebPage

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USD 56 million contract for MSV Regalia on Girassol .
Prosafe Rigs Ltd, a wholly owned subsidiary of Prosafe ASA, has received a letter of intent from Total E&P Angola as the Operator of Block 17 offshore Angola for the use of MSV Regalia in relation to the modification of the Girassol FPSO that will be done to tie-in the 25-well Rosa subsea development.
The contract has a fixed duration of 12 months plus additional 4 x 1 month option periods, and will commence between 1 October and 31 December 2005. The start-up window will be narrowed down to two months later this autumn, and down to one month no later than six months prior to start up.
The contract includes a minor upgrade of MSV Regalia to comply with special requirement from Total E&P Angola. The upgrade has an estimated cost of USD 9 million which will be compensated by the client.
Total contract value, net of local withholding tax, is USD 56 million, excluding options, but including the upgrade of USD 9 million and contribution to mobilisation and demobilisation of total USD 5 million.
This is Prosafe's third contract for dynamic positioned support to an FPSO in west Africa. The market for such rigs is strong, and the number of demand drivers and prospects in several geographical markets, as well as the day rate level, serve to support our positive view on the future for accommodation and service rigs. Prosafe's strategy is to maintain its leading position in this market globally. We will therefore continue to work actively to maintain the largest and best fleet in order to serve coming demand, regardless of location, demand driver and contract duration.
The Rosa field is located in water depths ranging from 1,300 to 1,500 metres and is about 15 kilometres from the Girassol FPSO. The field is scheduled to come on stream in the first half of 2007, and it will raise and prolong the peak production of the FPSO. Sociedade Nacional de Combustíveis de Angola (Sonangol) is the Block 17 Concessionaire. Total's coventurers in the Block are Esso Exploration Angola (Block 17) Ltd, BP Exploration (Angola) Ltd, Statoil Angola Block 17 AS and Norsk Hydro.
Prosafe is the world's leading owner and operator of semi-submersible service rigs, a leading platform drilling contractor in Norway and a major owner and operator of floating production and storage vessels outside the North Sea. Operating revenues reached USD 415 million in 2003. The company has approx. 2,000 employees. Prosafe operates in the North Sea, South East Asia, India, Egypt, West Africa and the Gulf of Mexico. The company is headquartered by Stavanger, Norway. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.
Tananger, 19 August 2004
For more information, please contact:
Arne Austreid, President & CEO Prosafe ASA
Phone no +47 51 64 25 81 / +47 900 77 334
Stig Christiansen, Exec. VP & CFO Prosafe ASA
Phone no: +47 51 64 25 30 / +47 900 85 961
Trygve Arnesen, President Prosafe Offshore Ltd
Phone no +47 901 81 966
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" Normand Mermaid" DP3 class vessel
Normand Mermaid is a MPSV and have DP class 3
system installed.
You can view the specification of this vessel and
all of the Solstad fleet on www.solstad.no
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The first supply/cargo
vessel to be fuelled by LNG.
Following three years of development the time has
now come to commission the world's first
gas-driven supply ship. The ship is an important
part of the work on limiting emissions from the
maritime industry.
The naming ceremony took place in Bergen Harbour
on Friday April 25th 2003 at 17:00
The godmother is the city governor of Bergen,
Mrs. Anne-Grete Erichsen.
The Norwegian shipping company Eidesvik AS took
the initiative for, and headed the development of
the gas-driven ship concept in close cooperation
with Statoil. The project comprises two ships,
where Eidesvik AS and Simon Mokster Shipping AS
will own and operate one ship each. Both ships
will be on a ten-year charter for Statoil. This
innovation is attracting considerable attention
in the industry both in Norway and
internationally.
The new concept is that natural gas (LNG) is
employed as a fuel. Natural gas is an abundant
resource in Norway and the country exports large
quantities through pipelines to Europe. But use
of the gas in Norway has been moderate up to now.
Making a commitment to emission-free ships
Eidesvik sees that the environmental technology
can be further developed. "We see that the
next generation of gas-driven ships probably can
be simplified and made cheaper. The development
of this vessel has also put us on the track of
technology that can further reduce
emissions," says Managing Director Simon
Eidesvik. Using gas reduces emissions of CO2 by
about 20 per cent and NOx by about 85 per cent.
There are no emissions of sulphurous gases. By
replacing the engines with fuel-cell generators
there will be no emissions of NOx, and CO2
emissions can be halved in relation to diesel
operation. By using hydrogen as an energy source
instead of LNG, the emission of CO2 will also
cease.
"The shipping company's objective is to
develop ships with this technology and
assessments have been started.
It will probably take some years before hydrogen
ships are launched, and we believe that
gas-driven ships will be a necessary intermediate
stage so that the industry can become accustomed
to the use of gas," says Simon Eidesvik.
Eidesvik is nominated for the Thor Heyerdahl
International Environmental Award for this work.
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Offshore
Links
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 GEO SEA
ROV/Construction vessel "GeoSea" is Geo
Shipping's newest ship, all of Geo's ship are
currently working.
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