Baker Marine Enters License Agreement With Argentine Corporation

Baker Marine Corporation, which is primarily engaged in the construction of offshore jackup drilling platforms, has announced its intention to enter into a License Agreement with Cometarsa, S.A., an Argentine corporation with principal offices in Buenos Aires. Baker Marine Corporation has also announced the formation of Baker Marine Argentina, S.A., an Argentine corporation which will engage in the furnishing of technical assistance to Cometarsa and the energy industry with special capabilities in the offshore environment. Baker Marine Argentina, S.A. and Cometarsa, S.A., together will offer construction of a full range of offshore designs which include mobile selfelevating drilling platforms, pipelay barges, semisubmersible drilling rigs, a semisubmersible crane, package rigs, mobile production platforms, jackets, and production platforms.

Baker Marine Argentina, S.A.

will be Cometarsa's exclusive marketing agent and, in addition to rig construction, offers the following general engineering services: (1) Design and project management for offshore platforms and pipelines; (2) Technical and economic feasibility studies; (3) Structural analysis and design; (4) Pipe stress design and pipe designing; (5) Bid package preparation and submittals based on an elaborate portfolio of existing designs, or design based on client's idea for specific requirements; and (6) Material/ equipment specifications, acquisition and inspection services.

Cometarsa, S.A. is a member of the Techint Group of Companies. Its principal facilities are located on the River Plate, approximately 40 miles from Buenos Aires. The plant, originally established in 1949, now has 500,000 square feet under cover, with a total of over 900 employees, 135 of whom are engineers and technicians. Cometarsa has its own machine shop and heat treating capabilities. It is well-known in Argentina as being a quality construction facility specializing in high-quality, close-tolerance fabrication. All inquiries concerning Argentine c o n s t r u c t i o n and services should be addressed to Baker Marine Argentina, S.A., Attention: Romulo Ferrando, Lavalle 1290, Buenos Aires, Argentina.

offshore requirements structural analysis R&R Marine barges license industry services design construction management project equipment energy facility drilling river corporation environment offer economic acquisition member employees engineers