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
The June meeting of the Long Beach- Greater Los Angeles Section of The American Society of Naval Engineers was held jointly with the Los Angeles Metropolitan Section of The Society of Naval Architects and Marine Engineers. The more than 160 participants
Bestobell Mobrey, headquartered in Slough, Berkshire, England, part of the worldwide Bestobell group that specializes in component technologies, recently re-organized its export sales operations. The main changes involved locating regional executives
Houston Offshore International, Inc., Houston, Texas, has taken delivery on two Sabine-class rigs and has ordered the Sabine V, president Jerry E. Chiles announced recently. The new rig will be built at Bethlehem Steel's Singapore shipyard and is scheduled for delivery in September 1982.
American Aero, Inc. of Houston, a subsidiary of Weatherford I n t e r n a t i o n a l , has promoted Dwight Toney to sales and operations manager for its Marine Crane Division. He will be responsible for both domestic and international sales involving
A five-man Executive Committee has been appointed by Brown & Root's Board of Directors to manage all phases of the company's operations on an interim basis. The announcement was made following the January 23, 1977, death of Foster Parker, president of Brown & Root,
Houston Midstream Services, Inc. has changed its name to Houston Marine Services, Inc., according to an announcement by Geren L. Graham, president. The firm was founded in 1977 and initially engaged in midstream fueling of vessels in the Port of Houston.
Capt. James F. McNulty, U.S. Navy (ret.), has been appointed as Academic Dean at Maine Maritime Academy in Castine, replacing the retiring Dean, Capt. Edward E. Conrad. Captain McNulty is a native of Lawrence, Mass., and is a 1953 graduate of Massachusetts Maritime Academy.
Sembawang Shipyard, Singapore, recently completed a multimillion-dollar contract awarded by McDermott Incorporated of New Orleans for repairs and modifications on the Derrick Barge No. 19. A new feature added to the main deck of the barge, which has been renamed DLB 19,