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.
A & P Appledore International Ltd., the marine industry's services group, has been acquired by A & P Appledore (Holdings) Ltd., a company formed by the senior employees of the company. The shares in A & P Appledore International Ltd. were in the
Autronica Marine U.S.A., Northvale, N.J., has announced the promotion of Harry S. Ford to vice president and director of technical services. Autronica Marine U.S.A. represents the Norwegian Companies of Autronica A/S and Moland Automation A/S,
Increasingly, environmental demands from governments and groups - large and small - will continue to shape the way in which the marine business is conducted. Pressure on ship and boat owners to keep the waters in which they work as pristine as possible has been building for years,
Ecomarine USA and OMI Petrolink Corp. have formed a joint venture, Ecomarine Gulf, to provide advanced technology and services for marine pollution control, oil spill response, and marine monitoring and mapping in the states bordering the Gulf of Mexico.
Crutcher Resources Corporation, announced the move of its CRC Welding Systems, Inc. operation from Nashville to Houston. CRC Welding Systems designs and manufactures high technology welding equipment systems and controls for a variety of industrial applications, including robotic welding.
Part of the curse of corporate consolidation comes in the combining of or complete re-naming of the new entity. The quandary: maintaining critical market awareness of individual brands while adequately communicating the entirety of the new organization's capabilities.
Floating production has evolved to a mature technology that opens for development oil and gas reservoirs that would be otherwise impossible or uneconomic to tap. The technology enables production far beyond the depth constraints of fixed platforms, generally considered to be 1,400 ft.
The Maritime Association of the Port of New York and the Marine Technology Society have announced plans to sponsor an International Symposium on Marine Salvage to be held in New York City next year. The conference, scheduled for October 1-3, 1979,
A capabilities brochure covering the six operating divisions of ITT Grinnell Valve Company, Inc. is now available. A subsidiary of ITT Grinnell Corporation, the Valve Company manufactures and distributes a full line of valves from rugged fire hydrants to sophisticated,