Zapata Corporation, Houston, Texas, announced recently that it has signed contracts for the construction of three new jackup rigs for its offshore drilling fleet in two Singapore shipyards. The company said the U.S.-flag rigs will be owned and operated by Zapata Off-Shore Company,
A christening ceremony on a newly built self-elevating drilling rig (shown above) was performed recently at the shipyard of Promet Private Limited in Singapore by Mrs. Y. Murase, wife of the s e n i o r vice p r e s i d e n t of Abu Dhabi Oil Company.
National Steel and Shipbuilding Company (NASSCO), San Diego, Calif., recently announced promotions in the shipyard's Repair Department, as follows: Ed Hann, formerly repair superintendent, has been promoted to general superintendent-repair. He replaces Bob Nolde, who has retired.
Gulf Trading & Transportation Company (GT&T), a division of Gulf Oil Corporation, Pittsburgh, Pa., responsible for marine transportation and the supply, sales and trading of foreign crude oil, will transfer its headquarters and the bulk of its operations to Houston, Texas.
Entering the 1980s, it is hard to believe that it is now more than six years since the last "boom" in the big bulk carrier market was ended by the "Oil Crisis," and an abrupt change in the trading pattern of the combined fleet. For much of this period,
The Penn Central Corporation's Marathon Manufacturing Company has signed $326 million in contracts with the Rowan Companies, Inc. for the construction of eight offshore oil and gas mobile drilling rigs. Marathon's marine construction order backlog now totals 43 rigs,
Jurong Shipyard Limited, 5, Pulau Samlun, Jurong Town, Singapore 22, was awarded a $30- million (Singapore dollars) contract by Messrs. Hansa Offshore (S.E.A.) Pte. Ltd., a Singapore registered company of international repute, to convert four of the existing 18,
Svenska Skum, a subsidiary of Unitor ASA, won contracts for the design and supply of external fire-fighting systems to a series of newbuilding fireboats under construction in Hong Kong and Greece. The Hong Kong contract involves the general design