Visitors to the Sonardyne stand will be able to gain hands-on experience of the new Pharos Survey software which is the result of a major investment by Sonardyne aimed at achieving a generic approach to navigation software. It is part of a family of software 'building blocks' that can be used to configure a wide range of tracking and positioning programs. The software has been designed to ensure compatibility with all current and planned Sonardyne acoustic transceivers and beacons in addition to many other instruments and sensors.

Users of Sonardyne equipment can now benefit from being able to share a common user interface with on-line interactive help and simulation modes. The simplicity of the user interface will dramatically reduce the amount of operator training required and therefore reduce the number of problems occurring in the field. The interface has been designed in close co-operation with clients and potential users who have generated ideas and provided feedback on the overall feel and functionality of the software.

Sonardyne International is based in Yateley, England and has offices in Aberdeen, Houston, Singapore, Brazil and Oslo. It is recognised as a world leader in the design and manufacture of advanced acoustic instruments and systems for accurate survey, positioning and tracking in shallow and full ocean depth operations within the offshore oil and gas industries.

E-mail Paul Eastaugh, Sonardyne Media Services or Tel: +44-118-934 1101, Fax: +44 118-934-1137, Mobile: 07889-432014 or on the web site at http://www.sonardyne.co.uk

The transaction consisted of a combination of shares and cash for an undisclosed amount to the former shareholders of Diamond, PGS said in a statement overnight on Wednesday. "Due to the wishes of our Diamond counterpart we have agreed not to disclose those numbers," Erik Hokholt, a spokesman for PGS told Reuters. PGS on Wednesday had increased its share capital by 900,000 new shares, and the majority of those shares will be used in the transaction," Hokholt said.

PGS shares were trading 1.1 percent higher on the Oslo bourse at 90.0 Norwegian crowns ($9.94) at 1005 GMT. The total share index on the Oslo bourse was up 0.2 percent. The transaction with Diamond, a leading marketing company representing PGS data in the Gulf of Mexico, would enable PGS to reduce cost and strengthen its sales force, PGS said.

"The aim of the transaction is to strengthen our sales organisation in the Gulf of Mexico. The Gulf of Mexico was the only place in the world where he had used brokers and now we are going away from that," Hokholt said. For the complete press release, click here...

By having stock accessible in Houston, Flotec can now provide the quickest turn-around in the industry. For more information on Transponder Collars and other deepwater buoyancy products visit Flotation Technologies' web site at http://www.flotec.com or contact Gerald Hart (Gulf Coast Manager) at (713) 557-1851.

For questions or further information contact Holly Cook of Flotation Technologies at Tel. (207)282-7749, Fax (207)284-8098 or visit their web site at http://www.flotec.com Need ROVits? Click Here to find out!

The company is offering special prices on the Trimble 3603DR and 3306 total stations through September 30 when purchased in software-hardware bundles that include TDS software.

The mid-range bundle includes the Trimble 3603DR total station with TDS Survey Pro software onboard. It includes QuickDrive, Endless Slow Motion and clamp-free operation. When upgraded to include DR reflectorless measurement, tracklight, laser plummet and TDS onboard software, the 3603DR offers a cable-free environment, large LCD display and up to 4 Mb of internal data storage. Dealers are offering it at an introductory price of $10,995, and it will normally retail for $12,565.

The entry-level bundle includes the Trimble 3306 total station, HP 48GX data collector, TDS Survey card, 512K RAM card, environmental case, e-case bracket, download cable, instrument cable and TDS Survey Link. Dealers are offering it at the introductory price of $6,999, and it will normally retail for $8,239. For the complete press release, click here..

Electronic Design Engineers Reporting to the Technical Director of Seamap (UK), the successful candidate will be involved in the design and development of a new range of cutting edge products to meet the unique demands of the offshore oil industry. A degree in electronics or related discipline or proven design experience will be required. Further info at http://www.seamap.com/design_engineers_wanted_uk.htm

Sales Engineer Reporting to the Managing Director of Seamap (UK), the successful candidate will be responsible for European Sales of the company’s range of products. Ideally we would like you to have some experience in the offshore survey industry however we would be willing to train an inexperienced person with the right attributes. You will need to be energetic and outgoing with a record of achievement in your past life and ambition for your future. Further info at http://www.seamap.com/sales_engineer_wanted_uk.htm

We offer excellent benefits and a unique opportunity for personal contribution and rewards in a challenging technical environment. Interested candidates should apply will full CV and expected salary to the Personnel Manager by email to personnel-uk@seamap.com

"The E&P industry in Canada is facing ever increasing complexity in its exploration and exploitation activities," said John Gibson, Landmark's president and CEO. "Landmark Canada recognizes the power of collaborative visualization and has developed the new CAFE with the goal of helping customers lower their finding, lifting and development costs per unit."

The cost of visualization environments has decreased substantially to a point that these facilities no longer have to be customized, restricted to large companies or be applicable to high-cost, high-risk opportunities only. By partnering with SUN Microsystems Inc., the Landmark CAFE utilizes mainstream desktop technology that its clients use daily. The Landmark CAFE confirms that visualization is now reality for a much broader group of users. For the complete press release, click here...

The certificate of merger was subsequently filed with the Secretary of State of Delaware. Williams will begin distributing the materials necessary for Barrett stockholders to effect an exchange of their Barrett shares for Williams shares within the next five business days.

Williams signed a merger agreement with Barrett on May 7. Terms of that agreement included a cash tender offer by Williams for 50 percent of the Barrett shares at $73 per share net in cash, which was completed on June 11. Through the merger, each remaining share of Barrett common stock, other than shares held by Williams, was converted into the right to receive 1.767 shares of Williams common stock. Barrett stockholders will receive cash in lieu of fractional Williams shares.

As a result of the merger, Barrett merged into a wholly owned subsidiary of Williams. As of the end of trading today Barrett shares will cease trading on the New York Stock Exchange and thereafter will be delisted from the NYSE. For the complete press release, click here...

Under these two contracts, valued at $136 million, the Seaway Condor will continue to provide deepwater pipelay offshore Brazil for at least the next five years. The extension to the existing contract began in June this year and runs to August 2002 at which time the new contract starts. There is an optional extension of this new contract in 2006, by mutual agreement, for a further four years.

For the new contract the Seaway Condor will be upgraded to lay flexible flowlines and umbilicals in 2,000 metres water depth. The modifications to the ship will be carried out in Brazil during the ship's routine dry-docking in May 2002 prior to commencing the new contract.

Bernard Vossier, Chief Executive Officer said, "Stolt Offshore has now provided deepwater pipelay services in Brazil since 1996 when the Seaway Osprey started a four-year contract. This new contract for the Seaway Condor, which follows a recently awarded four-year contract from Petrobras for the Seaway Harrier, consolidates our position in Brazil and provides a strong basis for future growth in this region."

Stolt Offshore is a leading offshore contractor to the oil and gas industry, specialising in technologically sophisticated offshore and subsea engineering, flowline and pipeline lay, construction, inspection and maintenance services. The Company operates in Europe, the Middle East, West Africa, Asia Pacific, and the Americas. For the complete press release, click here...

The UUST social events are nearing full capacity. We do not want to turn anyone away from attending these events. Therefore, if you are planning on attending UUST, please register as soon as possible, so we can have an accurate count and make any required adjustments. The New England Center Hotel is fully occupied. A list of other local area accommodations can be found on the UUST web page (Transportation and Other Accommodations).

The on-line registration form can be found on the UUST web page http://www.ausi.org/uust/uust.html. They now accept VISA and Master Card. For further information or if you have any questions, contact Linda Carter at Tel: 603-868-3221 or by e-mail at: carter@ausi.org