Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Teddy who wrote (19953)	4/22/1998 8:41:00 AM
From: Lucretius	Read Replies (1) of 95453

yawn.................. NE reports earnings today during mkt hrs. Wednesday April 22, 12:05 am Eastern Time Friede Goldman gets 5th Noble conversion JACKSON, Miss., April 21 (Reuters) - Friede Goldman International Inc. said Tuesday it received a fifth EVA-4000 project from Noble Drilling Corp. (NE - news). EVA-4000 projects consist of converting a submersible rig into a semi-submersible rig capable of deep water drilling. Friede Goldman said this one goes to its Pascagoula, Miss., shipyard HAM Marine Inc., with Friede Goldman Newfoundland fabricating the major structural components, including pontoons and columns. The Fri Rodli will soon join three other Noble EVA-4000 projects -- the Paul Romano, the Jim Thompson, and the Amos Runner -- currently underway at HAM Marine, along with the Max Smith, which is scheduled to arrive in the third quarter. The rig is expected to arrive at the shipyard in January 1999, after completing its current contract. The project's targeted completion date is first quarter 2000. --------------------------------------------------------------------------------

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