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Offshore market leaders put confidence in Remontowa

Jon Marshall, president and CEO of GlobalSantaFe Corporation, paid a visit to Remontowa S.A. on July 21, 2006. In Autumn, another semi-submersible of the US operator will call at Gdansk for repairs and upgrading to be undertaken by Remontowa.
It will follow two other rigs operated by GlobalSantaFe or Global Marine Drilling Company (before its merger with SantaFe) that have already been to Remontowa. In October 2002 semi-submersible drilling rig, Jutlander (Glomar Arctic II) came to Gdansk based yard for cleaning and a protective painting program. The rig, operated by GlobalSantaFe, was the second such unit that came to Gdansk from the North Sea. The first one, Glomar Arctic IV, owned by Global Marine Drilling Company, was repaired and upgraded at Remontowa S.A. during a few months period ending in August 2000.
In a short tour, Mr Jon Marshall saw shipyard's facilities and some of the projects underway, including offshore related ones. His major interest was focused on the two tankers being converted for Awilco (Anders Wilhelmsen company) into heavy lift flo-flo vessels. When completed in August and at the end of 2006, their first cargoes would be mobile offshore units operated by GlobalSantaFe.
GlobalSantaFe is a major drilling rigs and other offshore units operator, offering mainly day-rate contract drilling services as its core business. GlobalSantaFe owns or operates a modern, diversified fleet of 61 mobile offshore drilling rigs, including 45 jackup rigs, eight third-generation semi-submersible rigs, one fourth-generation, deepwater semisubmersible rig, three dynamically positioned, ultra-deepwater drillships, two state-of-the-art newbuild fifth generation ultra deepwater semi-submersibles and two semi-submersibles owned by third parties and operated under a joint venture agreement with Caspian Drilling Company. All of these rigs were designed for international operations and are currently deployed in most of the significant offshore rig markets in the world, including the U.S. Gulf of Mexico, West Africa, the North Sea, South America, the Middle East / Mediterranean and Southeast Asia. The GlobalSantaFe semi-submersibles previously under repairs and upgrading at Gdansk, Poland based Remontowa, as well as those that are expected to follow from Autumn 2006, usually come from the North Sea operating area.
At the time of Mr. Mashall's visit to Gdansk, GlobalSantaFe had 10 rigs operating on the North Sea. Given their age, and further prospective lifetime, they will all go through a major life extension as well as equipment upgrading sooner or later potentially providing a lot of work for European yards, including Remontowa.
During his meeting with Mr. Piotr Soyka, president of Remontowa S.A., the Guest expressed continued conviction that his company finds in Remontowa a professional partner for further co-operation.

Mr. Marshall mentioned his company used Remontowa in the past because of the quality of work this yard is known for and because of economics, even despite there are some shipyards situated a bit closer to the North Sea. What is more, the most important thing expected from the shipyard, in Mr. Marshall's opinion, is confidence - ability to provide all the support functions as well as to accomplish the work in the time the yard have estimated. Mr. Marshall emphasized the importance of the underlying trust in the capability of the yard the owner must have. It appears this is what owners, including GlobalSantaFe, actually find at Remontowa.

Copyright 2005 Remontowa