Alsthom's ACB unit in Nantes, France, has decided to create a subsidiary in Norway, called ACB Norge A/S, to develop business in the Norwegian offshore market. ACB thus intends to concentrate efforts in Norway on activities for which it already has significant involvement,
Better Equipment Increases Profitability —A Review— Most U.S. shipyards are in the process of increasing their efforts to expand repair and conversion work, both commercial and military. As many of these projects include drydocking, the efficiency
Wartsila Diesel's Vasa 32 engine type has set a new record. With an 18-engine contract from the Odense Steel Shipyard of Denmark for a new container feeder vessel series, the number of Vasa 32s ordered now exceeds 1,000. This is, according to the company,
Ed Paden, president of Levingston Shipbuilding Company, Orange, Texas, a wholly owned subsidiary of Ashland Oil, Inc., announced the signing of a $28.6-million contract to build a Levingston-designed Class 111-C jackup drilling rig f o r Dixilyn-Field of Houston, Texas.
Marathon LeTourneau Company's Brownsville, Texas, unit has been awarded a contract for the fab- rication and modification of platform drilling rigs by Helmerich and Payne of Tulsa, Okla. The contract calls for Marathon to fabricate a new platform
Wilson & Hayes Inc., a manufacturer of shipboard furniture, has passed 55 years of business. The company manufactures furniture to any specification—Navy, Coast Guard, Maritime Administration, NOAA—as well as for commercial marine projects, offshore oil drilling,
Marathon LeTourneau Offshore Company's Slo-Rol® motion suppression system significantly widens the operating window for jackup rigs by making major reductions in roll, pitch and heave motions. It allows jackups to change location during periods of high waves or swells,
Marathon LeTourneau Company's Brownsville, Texas unit has been awarded a contract for the fabrication of a platform drilling rig by Helmerich & Payne International Drilling Co., a wholly owned subsidiary of Helmerich & Payne, Inc. of Tulsa, Okla.
Those searching for tangible effects of a dramatic offshore drawdown need look no further than Friede Goldman Halter. The company, which was riding a crest of business powered by key acquisitions in the mid-90s, saw its plan thwarted when a host
May 1-4, Houston, Texas The annual Offshore Technology Conference, OTC '89, will once again be held in the spacious Astrodomain Complex in Houston, Texas, on May 1-4,1989. The event, one of the largest of its kind in the world, will consist