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Bisso Awarded Salvage Contract

Maritime Activity Reports, Inc.

November 8, 2002

Bisso Marine Company Inc. New Orleans, has been awarded the salvage contract to remove Nabors Offshore MODU ( Mobile Offshore Drilling Unit), Dolphin 105. The rig capsized during hurricane Lili October 2, 2002. The location of the rig is Ship Shoal 126 south of Morgan City, Louisiana.

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