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FirstWave/Newpark Lands Diamond Offshore Job

Maritime Activity Reports, Inc.

August 30, 1999

FirstWave/Newpark Shipbuilding has been awarded a contract by Diamond Offshore Drilling of Houston, Texas for completion of upgrades to the drillship Ocean Clipper, which returned to Galveston for the additional upgrades on August 16. "We're pleased that Diamond brought Ocean Clipper back to our yard for this project," said Francis Fair, FirstWave's executive vice president Galveston Operations. "FirstWave performed work on Clipper earlier this year, and we appreciate Diamond's confidence in us to provide additional services for the vessel."

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