Statoil, Repsol Transactions in Priority Areas
Statoil and Repsol announce transactions in Norway, UK, US and Brazil. These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. * Statoil farms down to Repsol a 15% interest in the Gudrun field on the Norwegian Continental Shelf. Statoil remains the operator and largest equity holder with a 36% interest. * Pending Repsol partner approval, Statoil will acquire a 31% equity share in the UK licence for Alfa Sentral, a field which spans the UK-Norway maritime border. * Statoil acquires from Repsol a 13% interest in the Eagle Ford joint venture and becomes its sole operator.
Knight & Carver Launches Makara
Knight & Carver YachtCenter celebrated the launching of its latest custom-built motoryacht, Makara, with a christening ceremony December 12, 2001 at its National City facility. Makara, a 70 ft. luxury vessel with a 21 ft. 8 in. beam, was christened by owners, Jim and Nancy Martin of South Florida. Art Bollinger served as agent for the owners in the 30-kmonth construction of the vessel, the second custom yacht the Martins have had built by Knight & Carver. “We’re especially proud of the style, craftsmanship and fit & finish of this yacht,” said Knight & Carver president John Knight. Designed by Florida-based architect Tom Fexas and priced at $3.6 million, Makara features four state rooms and four en-suite heads. It offers a top speed of 29 knots, with a 2,600 gallon fuel capacity.
Knight & Carver Launches Loco Buzzard III
Knight & Carver YachtCenter has announced the launching of its latest luxury yacht, Loco Buzzard III, a custom-designed, custom-crafted 65 ft. cruising catamaran yachtfisher. The launch, held Monday, January 21, 2002, at Knight & Carver’s facility in National City, Calif. The vessel’s owner, Buzz Sands, christened the $2.8 million vessel, which is the second custom-built and designed yacht provided by knight & Carver for the Southern California-based yachtsman. Loco Buzzard III offers a break-through in terms of combining conventional yacht desighn with the benefits of catamaran design,” said John Knight, president and co-founder. Loco Buzzard III was co-designed by Knight & Carver and Morrelli & Melvin of Newport Beach, Calif.
