Master Boat Builders Completes Conversion for Oceaneering

April 21, 2003

Master Boat Builders has successfully completed a vessel conversion contract for Oceaneering International, Inc. Ocean Quest, built in 2001 as the Gulf Quest, has been upgraded and converted into a 145-ft. (44.1-m) dive support vessel featuring: 2,100 sq. ft of deck space; Live boating capabilities; 24 person accommodations (in addition to vessel crew); Dive support equipment installed below deck; Marine rated API 10 ton crane on the stern; 24 hr. operational capacity; Built-in, below deck, 6 x 6 jet pump.

Working in the Gulf of Mexico, Ocean Quest is ideally suited for Inspection, Maintenance, & Repair (IMR) activities on pipelines & platforms in water depths down to 300 fsw.

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