ECL (established in 1969) is an employee owned, broad based International firm of Exploration and Production consultants, based in Henley on Thames, England with offices in Australia, Canada and the USA. ECL provides Quality Assurance of Seismic Data Acquisition, Positioning & Processing, Survey Design & Modelling Services in addition to Survey Engineering, Cable Laying and HSE services. ECL's Geoscience Division provides Geological and Geophysical Modelling & Interpretation, Basin Studies, Production Technology & Reservoir Engineering, Field Development & Project Management services in addition to Due Diligence and Asset Valuation services.

The field services division provides Wellsite and Operations Geology, Sample Studies and Wireline Logging supervision together with the preparation of Composite Logs & Final Well Reports. ECL is fully supported by industry standard software application systems and has its own advanced proprietary software for Seismic Operations. The group also provides a comprehensive range of training courses covering various aspects of exploration and production services.

Energy Innovations Limited (EIL) is a geophysical consultancy established in 1996. EIL provides Quality Control and Quality Assurance on Seismic crews worldwide and has a reputation for high technical standards. EIL also provides navigation processing QC services, technical audits, seismic data processing QC, survey planning and associated activities. EIL has offices in the UK and also in Houston, Texas, which trades under the names of HGI (Houston Geoscan Inc). HGI was founded in 1988 as a Seismic QC company, and was merged with Energy Innovations Limited in late 1999.

It is the aim of our acquisition to expand and enhance ECL's Geophysical and Navigation QC Services to all our clients. The expanded company will benefit from a more streamlined organization, complemented by a broader base of personnel and experience. After this acquisition all existing EIL services will be available to our clients through ECL's established offices in Houston (USA), Calgary (Canada), Perth (Australia), and Henley in England (our Head Office). The Combined Group employs around 115 full time staff and over 200 Consultants on Field Operations and QC Services.

Further information can be found on the website at http://www.ecqc.com

Telenav Electronics Pte Ltd is located in Singapore and was founded in 1996 by Jacob van Oostrom and a local partner. Mr. van Oostrom has over 20 years experience in the marine industry having risen in rank from Radio Officer to Sales and Marketing Manager. In line with RESON's focus on the global marketplace, Mr. van Oostrom is truly an international entrepreneur with marine industry experience in The Netherlands, Hong Kong, China, and Singapore. He will continue to serve as Managing Director of RESON-Telenav.

RESON-Telenav is active in the dredging, offshore, hydrographic, marine, and defense industries of Southeast Asia. The company began its relationship with RESON in 1997 when it was appointed an exclusive agent for RESON. At that point Telenav began promoting the RESON product line resulting in sales of six complete SeaBat Multibeam Echosounder systems to the Maritime and Port Authority of Singapore, Fugro Geodetic, Penta Ocean, and others.

The relationship between the two companies will continue to focus on business opportunities in Southeast Asia. Jens Steenstrup, president of RESON Inc., stated that "RESON and Telenav will continue our strong association based on a mutual commitment to outstanding customer service and state-of-the-art technology."

About RESON
RESON is a leading provider of sonar equipment and software that meet the most stringent requirements of today's advanced hydrographic, offshore exploration, marine surveillance, and military applications. RESON provides compelling value to its global customer base by offering complete sonar solutions that span the entire spectrum of data collection, compilation, and presentation. With corporate offices in Denmark and a presence in 25 countries worldwide, RESON has been advancing state-of-the-art underwater acoustic technology for more than 25 years. For further information, visit the web site at http://www.reson.com.

Contact Mr. Jacob van Oostrom, RESON-Telenav Electronics Pte Ltd. 194 Pandan Loop.#07-26, Pantech Industrial Complex Singapore 128383. Singapore. Tel: +65-872-0863 Fax: +65-872-1334.

Companies around the world are invited to contribute to the following features:

• Salvage Pictorial - Salvage contractors are invited to send color images of projects ranging from shipwrecks to rig removal.

• Case Studies: Offshore Oil & Gas Support - Contractors that specialize in offshore oil and gas operations are invited to describe a recent project that showcased their capabilities.

• Marketplace: Survey Instrumentation - Manufacturers are invited to describe their latest underwater survey instrumentation, software, and equipment.

As always, This issue will have the latest news from every segment of the underwater industry: commercial diving, ROVs and AUVs, offshore oil and gas, subsea cable, marine technology, corrosion control, survey, salvage, and updates from the Association of Diving Contractors International.

E-mail editor@doylepublishing.com or call +281-440-0278 to reserve your place in these features or visit the website at: http://www.diveweb.com or http://www.underwater.com

Sonsub Inc. has worked an excess of 29,700 man hours on the Banjo & Seahawk project, and as of the third quarter for 2001, completed 320,667 man hours offshore, without a lost time, recordable or safety incident.

Sonsub's HOS Innovator spread consisting of the DP II HOS Innovator vessel and the INNOVATOR® 09 ROV provided assistance for this project in two campaigns. Phase I, which took place in July and August of 2001, consisted of installing 58 concrete mats at six offshore crossing locations. Phase II, which involved working together with CSOI's Pipelay vessel the CSO Deep Blue during most of September and October of 2001, included assisting with setting initiation anchors and acoustic arrays as well as completing grid surveys, monitoring pipeline touchdown, and completing pipeline As-built surveys. Other tasks included inspecting pipeline pre-route surveys, cutting initiation anchor launching cable, disconnecting initiation wires, ROV assistance during setting PLEM's and PLET's, as well as Engineering for the crossing installation operation.

Sonsub, a Saipem Group company, is recognized as an established leader in the development and application of quality, cost-effective solutions for subsea environments. Specializing in subsea construction engineering and remote intervention, Sonsub maintains offices in the USA, United Kingdom, Norway, Italy and South East Asia.

For more information, please contact Wade Abadie at Sonsub Inc., 15950 Park Row, Houston, TX 77084. Telephone: +281-552-5800. Fax: +281-552-5909. E-mail: wade.abadie@sonsub.com

For a limited time ODEC will offer the StrataBox™ to our valued and patient customers for $11,992.00 USD. This represents a 20% discount off the normal price of $14,990.00 USD. The discounted price is valid on product deliveries made by March 31, 2002 only so please plan your purchase accordingly.

Please visit the ODEC website at http://www.oceandata.com/stratabox/ for detailed specifications and to download a demonstration version of the PC Acquisition Software. The System Includes a Transducer, Sensor Unit, and PC Acquisition Software.

The StrataBox™ is a portable high- resolution marine sediment imaging instrument capable of delivering 6 cm of marine sediment strata resolution with bottom penetration of up to 40 meters. It is designed exclusively for inshore and coastal geophysical marine survey up to 150 meters of water depth. The sensor is extremely compact, interfaces directly to a standard laptop PC and comes complete with a light- weight and efficient acoustic transducer and PC software.

Extreme ease of use, portability, and cost efficiency make this device a perfect choice for shallow water marine geophysical applications.

For more information contact OCEAN DATA EQUIPMENT CORPORATION, 88 Royal Little Drive, Providence, RI 02904, USA Tel. +401-454-1810 Fax +401-454-1806 Web: http://www.oceandata.com Email: sales@oceandata.com

Delivery of the Midnight Express to the US Gulf of Mexico is expected within the next three months, with the conversion to begin shortly thereafter. Concurrent with the purchase and conversion of the Midnight Express, Torch Offshore continues to negotiate contracts for the fabrication of our patented lay system as well as for the purchase of other necessary installation equipment. Full integration of the equipment, the lay system and the vessel, followed by sea trials, is scheduled for mid-2003.

Concurrent with the decision to purchase the Midnight Express, the construction of the Midnight Warrior is being deferred. Although the Midnight Warrior remains an economically viable option, deferring the Midnight Warrior, a new build DP-2 vessel, in favor of converting an existing vessel to DP-2 with greater pipe lay capabilities, is expected to result in significant capital cost savings and to save a year on the delivery timetable.

Torch Offshore Chairman and CEO, Lyle Stockstill, commented, "With the agreement in place to purchase the Midnight Express, Torch Offshore is one large step closer to meeting our long-term strategic goal of entering the deep and ultra-deep water flowline market. With its innovative reel pipe lay system, capable of economically installing 6 to 12 inch diameter pipelines in deep and ultra-deep water, the Midnight Express will prove a formidable competitor to the existing deep water fleet capable of participating in this market."

Established in 1978, Torch Offshore, Inc. currently operates a fleet of nine vessels engaged in offshore pipeline installation and subsea construction for the oil and gas industry. Torch Offshore is expanding beyond its established shallow water niche market in order to serve the industry's growing needs in the deep waters of the Gulf of Mexico.

Any statements made in this news release, other than those of historical fact, about an action, event or development, which the Company hopes, expects, believes or anticipates may or will occur in the future, are forward-looking statements under U.S. securities laws. Such statements are subject to various assumptions, risks and uncertainties, which are specifically described in the Company's prospectus dated June 7, 2001 filed with the Securities and Exchange Commission, as well as other factors that may not be within the Company's control, including, specifically, variable oil and natural gas commodity prices and offshore construction activity levels. Forward-looking statements are not guarantees of future performance or an assurance that the Company's current assumptions and projections are valid. Actual results may differ materially from those projected.

For forward looking statements and the complete press release, click here or contact Bill Blackwell e-mail: b.blackwell@torchinc.com at Torch Offshore Inc., New Orleans, +504-367-7030 or Al Petrie, + 504-799-1953 a.petrie@torchinc.com

Using acoustic modem to monitor status of the AUV and upload images from sensors continuously for very large amount of data is an uncharted territory. Nevertheless, LinkQuest 4010 deepwater modems performed flawlessly after initial fine tuning and modification, thanks to the technical expertise and cooperation from C&C Technologies and Konsberg Simrad. Simultaneous real time monitoring of AUV multibeam, side scan sonar, and subbottom profiler has proven to be very beneficial from a quality assurance standpoint. Based on this feedback, real time adjustments can be made such as changing swath width, AUV height, pulse length or the survey route.

Phil Devall, technical manager of C&C Technologies' AUV project, commented "C & C Technologies is pleased with the overall performance of LinkQuest' modems. Our client is very impressed with our data presentation because of our ability to retrieve data acoustically. This is made possible through LinkQuest's modems." In the past year, several Giga bytes of data has been uploaded in real-time during commercial deepwater AUV surveys. This makes the LinkQuest 4010 high speed modem the only AUV data link modem with long term robust field performance under extremely heavy data usage.

For more information, visit http://www.link-quest.com or contact the company via sales@link-quest.com .