contracts
Bethlehem Steel Shipbuilding Names Roland V. Danielson —Hollinshead De Luce Retires
The retirement of Hollinshead de Luce, manager of ship development and sales in Bethlehem Steel Corporation's shipbuilding department, has been announced by William C. Brigham, vice president in charge of shipbuilding. At the same time, Mr. Brigham announced that Roland V.
Levingston Launches Jackup Rig For Argentine Owners
Levingston Shipbuilding Company recently christened the jackup drill rig Rio Colorado I and launched the $30-million vessel into the Sabine River at its Orange, Texas, shipyard. The rig will be owned and operated by Rio Colorado S.A., a joint venture between Bridas S.
DCR Optimistic About Future Of Offshore Drilling Sector
While it may be impossible to predict when offshore rig utilization will begin a meaningful recovery. Duff & Phelps Credit Rating Co. (DCR) has noticed certain industry developments that suggest improved conditions. Operating rates for drilling
Browning Named Contracts And Sales Vice President For Sonat Offshore Drilling
As part of the recent consolidation of the Executive Marketing and Contracts and Sales Departments, Sonat Offshore Drilling Inc. of Houston named J. Robert Browning to the position of vice president-contracts and sales, a position that has been vacant for some time.
Rig Demand in the Doldrums
Worldwide demand for mobile offshore drilling units remains essentially flat, according to Houston-based offshore industry analyst ODSPetrodata, although offshore drilling activity is expected to increase modestly in certain areas as the year progresses.
OFFSHORE RESURGENCE BEGINS
(EDITOR'S NOTE: Last March at a meeting of financial analysts in New Orleans, Hugh J. Kelly, president and chief executive officer of Ocean Drilling & Exploration Company (ODECO), forecast a turnaround for the offshore drilling industry by early
Oceaneering International Dual Hydra Rov Systems At 100 Percent Utilization
Oceaneering International has been awarded four new offshore drilling rig support contracts. Dual Hydra remotely operated vehicle systems (ROVs) will be utilized to provide the full range of drilling support work tasks for Marathon Australia on the Sedco 600; Occidental U.