AmClyde Awarded Equipment Contracts

FGH Engineered Products Group, the equipment segment of Friede Goldman Halter, Inc., reports that its AmClyde unit has signed new contracts in excess of $13.5 million with National Petroleum Construction Company of Abu Dhabi and Cabett Subsea Products, Inc. of Houston.

AmClyde will provide NPCC with a significant operating increase of the lifting capacity and reach for their 2000-ton model 76 marine crane, originally built in 1973. The uprate design and manufacturing work will include new hoists, A-frame assembly and main hook block for the crane, as well as components to enable future additional capacity increases. The upgrade will be completed in April of 2002.

AmClyde-Norson Engineering, the Glasgow, Scotland segment of AmClyde, received a contract to design and build umbilical handling equipment at the new Cabett Subsea Products, Inc. (Cabett Services and WW Products International) production facility at Port Freeport, Texas. This equipment includes three 1,000-ton capacity carousels, loading towers, tensioners and related machinery. The addition of AmClyde-Norson Engineering further complements the existing product lines of AmClyde.


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