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Far East-Levingston Delivers Pool Rig 144

Far East-Levingston Shipbuilding Ltd. in Singapore recently completed and delivered another jackup rig to Pool Company of Houston. Named Pool Rig 144, the 160-foot-water-depth jackup was towed to its location in the Arabian Gulf to operate for ARAMCO.

 

NASSCO Delivers S/S Coronado— First Of Three For Margate Shipping

On December 28, 1973, National Steel and Shipbuilding Company (NASSCO) of San Diego, Calif., delivered the S/S Coronado, a 38,300-dwt tanker to Margate Shipping Company of Philadelphia, Pa. The S/S Coronado, the first of three NASSCO- designed

Far East Levingston Names Lovie & Co. U.S. Representative

Far East-Levingston Shipbuilding Ltd. (FELS) of Singapore has expanded its operations in the United States with the appointment of a U.S. representative. Lovie and Company, Inc. of Houston, spearheaded by Peter M. Lovie, has been selected by FELS

Oil Instability, consolidation Muddy Offshore E&P Picture

The cyclical nature of the oil business has blossomed into full bloom during the latter part of 2000, as a host of political power plays have sent oil prices on a virtual rollercoaster, albeit mostly up, helping to send it soaring as high as $37/barrel at the time of this writing.

Two More Jackup Rigs Costing $70 Million Ordered From Bethlehem

Two Bethlehem Steel Corporation shipyards have each received contracts from Griffin-Alexander Drilling Company of Houston to build mat-supported, jackup drilling rigs at a total cost of about $70 million. One unit, the Griffin-Alexander V, will be constructed at Bethlehem's Beaumont,

$ 3 . 2 - M i l l i o n Expansion Of Facilities Planned By N a t i o n a l Supply

National Supply Company, major oilfield equipment manufacturer, has announced a $3.2-million expansion of wellhead repair, fabrication, and distribution capabilities by its Well Control Systems group. The expansion plans call for establishment of a new wellhead repair center in Kilgore,

GE Credit Buys Third 225,000-DWT Tanker From Seatrain Shipbuilding

The General Electric Credit Corporation announced it has purchased for $120,000,000 the 225,- 000-dwt tanker T.T. Stuyvesant, and that the vessel has been initially chartered to the Standard Oil Company of Ohio (SOHIO) to transport Alaskan oil.

W.R. Laws Elected To Executive VP At Geosource

Geosource Inc., Houston, Texas, recently announced its board of directors has elected William R. Laws to the position of executive vice president. He will have corporate operating responsibility for the company's operations which serve the petroleum exploration,

Petro-Marine Announces Major Reorganization

A major reorganization resulting in the promotion of several individuals to key positions at Petro-Marine Engineering, Inc., 1141 Whitney Avenue, Gretna, La. 70053, has been announced by John W. Owensby, president. Petro-Marine is one of the nation's largest

Belcher Tugs To Use Burmeister & Wain Slow Speed Diesels

Burmeister & Wain American Corporation, One State Street Plaza, New York, N.Y. 10004, has announced that Belcher Oil Company, headquartered in Miami, Fla., a wholly owned subsidiary of Coastal States Gas Corporation, of Houston, Texas, signed an

 
 
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