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.
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
One of the common items found on almost every vessel constructed that is frequently overlooked is thermal insulation material. As vessels increase in age. it is safe to say that the insulation systems start to degrade with time and abuse. In fact,
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.
Elmer R. Remkes has been named president of C-E Crest, a Tulsa, Okla.-based subsidiary of Combustion Engineering, Inc., which serves the international gas and oil industries. Before joining C-E Crest, Mr. Remkes was vice president and general manager of Santa Fe Engineering Services Co.
The American Waterways Operators, Inc., Washington, D.C., has announced that 124 industrial plant facilities located along the navigable waterways of the United States during the fourth quarter of 1977, creating over 15,000 permanent job opportunities.
Donald D. Chrisco has been named director of materials at St. Louis Ship, division of Pott Industries Inc. He joined St. Louis Ship in March 1980 as director of purchasing. Prior to that he served in various material responsibilities for Monsanto Company,
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,
Pool Arctic Alaska Anchorage has contracted with Bardex Hydranautics for a rig skidding system which Pool Arctic Alaska will use for Sohio on the Endicot artificial island project in the Beaufort Sea. The system will perform transverse rig skidding over
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