Hallin Marine Awarded Inspection Contract in the West Natuna Sea

Hallin Marine has received a Letter of Intent from oil operator ConocoPhillips Indonesia for an Inspection Repair and Maintenance Program with a budgeted value of US$9.8 million.

The award from ConocoPhillips Indonesia, a subsidiary of Houston based ConocoPhillips, is to conduct platform and pipeline inspection in 80-100m depths of water in the West Natuna Sea, offshore Indonesia.

Hallin will provide a Dynamically Positioned Survey Vessel complete with a Workclass Remote Operated Vehicle and survey/inspection equipment together with skilled survey personnel to carry out the contract.

The offshore inspection program is scheduled for two campaigns; the first commencing in the third quarter 2007 and the second scheduled to commence in the first quarter of 2008.

Jon Attenburrow, MD of Hallin Marine East division, said:

"We are pleased to have been awarded the inspection program and the award reflects on the efforts of our Indonesian office in achieving our first contract with major client ConocoPhillips Indonesia. The project builds on our continued development of the groups ROV and Survey capabilities".