2001 Maritime
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July 5, 2001

De Hoop takes over Houma Fabricators
Houma Fabricators, Houma, Louisiana, has been taken over by Shipyard de Hoop of the Netherlands. The yard will continue trading as Houma Fabricators. Butch Monnier, who has been with the yard for 30 years, is the new president and CEO

The new ownership of the yard starts on a positive note in the shape of an order from Otto Candies, Des Allemandes, La. It is for design, fabrication and delivery of six OSV's. The 1,700 to vessels will feature diesel electric a.c. frequency controlled dynamic positioning.

The first vessel is to be delivered within 12 months. The others will follow at three month intervals.

Leiv Erikkson sea trials make progress
Ocean Rig reports that, since starting sea trials on May 7, its first rig, Leiv Eriksson, has completed the inclination testing and numerous other technical system tests. In addition, the installation of its six thrusters is complete. Ocean Rig says it has experienced "some minor technical problems during this period, none of which are viewed as serious."

Ocean Rig estimates that the anchors will be retrieved within a few days followed by the testing of the dynamic positioning systems. The remaining tests are expected to be completed by the end of July.

Ocean Rig says it is negotiating a drilling contract for the operations of Leiv Eiriksson. It is expected that the rig will be on contract when the sea trials are completed.

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