The much anticipated turnaround in the Gulf of Mexico Oil Patch is happening, and the companies that supply boats and services in the area are feeling the impact. Consolidation has touched every facet of the marine business — every facet of business — for nearly a decade.
[...] Review — Blue Ridge cargo tanks. Each tank is fitted with a deep well cargo pump. The 658-foot-long ship is also fitted with a cylindrical appendage- type bulbous bow to improve speed, and is powered by a GE steam turbine engine. The
Port Allen Marine Services (PAMS), a subsidiary of Midland Affiliated Company, recently delivered the first of two butadiene tank barges to Shell Oil Company. The second barge is scheduled for delivery one month after the first. These barges have an overall length of 205 feet, beam of 52.
The cost of complying could be high - but not as high as not complying John Riding, director of Marico Marine, speaking at Ship Repair & Conversion in London, presents a rosy picture for the future of ship repair by pointing out that freight rates
—A directory of the leading shipbuilding and ship repair firms— The following listing of Canadian shipyards highlights yard capabilities and special services offered. For full descriptive literature circle the appropriate number on the Reader Service Card in the back of this issue.
A joint-venture agreement between Amoco Corp and China was recently signed to develop an oil field in the South China Sea. The project is expected to cost around $500 million and produce 50,000 barrels of oil a day, a spokesman for the company said.
Before the Organization of Petroleum Exporting Countries (OPEC) rose to power in the 1970s, U.S. oil companies had a major role in both the ownership and operation of oil production facilities in the Mideast. Since then, that role has diminished
Marathon LeTourneau Company of Houston, Texas, has been awarded a contract by Placid Oil Company of Dallas, Texas, to convert the Penrod 72, a semisubmersible offshore drilling rig, to a floating production unit. The conversion will be done at Marathon's Brownsville, Texas yard.
Manufacturers of marine coatings and other corrosion-fighting systems continue to improve their products and services, with much emphasis on reducing costs, both of the products and their application, and by extending drydocking times. The fuel-saving,
Through technology advancements, the major manufacturers of shipboard electronics are constantly introducing innovative products in an effort to make navigation safer and more precise and communications faster and easier. Newer, more powerful lorans,