DATED June 30, 2003 STOLT COMEX SEAWAY FINANCE B.V. (as borrower) - and - STOLT OFFSHORE S.A. (as guarantor) - and - CITIBANK N.A. DEN NORSKE BANK ASA HSBC BANK PLC ING CAPITAL LLC NORDEA BANK NORGE ASA (GRAND CAYMAN BRANCH) and VEREINS-UND WESTBANK ...