HIBERNIA CONTRACTS TO BE LET

Major contracts for development of Hibernia oil field off Newfoundland are to be let this month. Hibernia Management & Development Ltd. will award contracts for one of five topside modules. Bids have been submitted by Trinity Bay Offshore Contractors, PLC Aker Stordsteen Becker, and Topsides Contractors of Newfoundland. Hibernia Management expects to award more work this year, including contracts for construction of concrete forms for platforms. Platform construction is to begin in spring