HSR Awarded 3rd Upgrade Project from GlobalSantaFe

The Offshore Division of Houston Ship Repair, Inc. has been selected once again as the primary contractor for GlobalSantaFe's re-powering stage of the rig enhancement project for the "Adriatic X". The LeTourneau built 116-C jackup rig will be outfitted with five (5) new Caterpillar 3516-B diesel engine driven gensets.

HSR has been selected for both mechanical and the electrical phase of the project. HSR will remove the existing diesel generators, install the new gensets and will modify the engine piping, control and electrical systems.

"Our continued outstanding performance and the ability to provide our own experienced structural, mechanical and electrical personnel has been a major factor in the development of the relationship between HSR and GlobalSantaFe", says sales manager, JR deTranaltes. "These type of projects have many of the elements that HSR thrives on – a technically complex project, coordination of many team members and a tight schedule", he continued.

HSR will perform the upgrade work at the Rowan, Sabine Pass facility. Project is expected to commence May 2002.