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October 2008

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Dockwise wins transportation contracts

Offshore

Offshore Staff

HAMILTON, Bermuda -- Dockwise Shipping and Ocean Dynamics have won contracts totaling $36 million for the transportation of a semisubmersible drilling rig, the transportation of the hull of a production platform, and for a FEED study of a jacket design.

Dockwise Shipping will transport the Noble Jim Day, a large sixth generation semisubmersible drilling rig, in 2009. The rig is currently under construction in Singapore.

Dockwise will also transport the hull for ATP Oil & Gas Corp.'s Cheviot project currently being constructed in China. This project is scheduled for late 2010, early 2011.

ODL (Ocean Dynamics) has been awarded a contract by EDG for a FEED study and detailed design of the South Nemba platform. The contract execution will start immediately.

05/14/2008

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