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,
Coastal Corporation Purchase Of Texaco Terminal And Pipeline Interest Expands Market For Belcher Oil
The Coastal Corporation, Houston, Texas, recently completed the purchase of five Texaco marketing terminals and Texaco's interest in a refined products pipeline, significantly expanding the geographic coverage of its Belcher Oil marketing subsidiaries.
Houston, Texas, February 7-12 The seventh international symposium and exhibit on Offshore Mechanics and Arctic Engineering, OMAE '88, sponsored by the American Society of Mechanical Engineers (ASME), Offshore Mechanics and Arctic Engineering Division,
The election of Lola Grebe as a vice president of American Commercial Lines, Inc., Houston, Texas, was announced by E.D. Butcher, company president. Miss Grebe, with more than 30 years of experience in the treasury and accounting functions of American Commercial Lines,
Petronas recently commissioned its first offshore jackup drilling rig built at Promet, Private, Ltd., Singapore. Witnessed by 400 guests, the commissioning ceremony for the Parameswara was performed by Toh Fuan~STihailah, wife of Petronas adviser Tun Hussein Onn.
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.
Worldwide orders for offshore mobile and fixed rigs for exploration and drilling for oil and natural gas have increased considerably during the 12 months ending in July 1981, according to a study just released by the Bremen Institute for Shipping Economics.