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Marathon Introduces New Super 300 Jackup For Harsh Environments
Marathon's new Super 300 selfelevating offshore drilling platform, introduced during the 1981 Offshore Technology Conference, is designed to meet an offshore industry need for a jackup compatible with harsh environments too severe for standard 300-foot water depth rigs,
$425-Million Rig Expansion Program Announced By Sonat
Sonat Inc. announced recently that its subsidiary, Sonat Offshore Drilling Inc., has entered into an agreement with the Daewoo Corporation and Daewoo Shipbuilding & Heavy Machinery, Ltd. of Korea to build six semisubmersible drilling rigs for approximately $425 million.
Southern Natural And IOT Sign Interstate Purchase Agreement
An agreement for Southern Natural Resources, Inc. to purchase Interstate and Ocean Transport Company and its affiliated companies, which own and operate the largest U.S. independent fleet of coastal tank barges and tugs, has been signed by Southern Natural and IOT Corporation of Philadelphia,
Zapata In Joint Fishing Venture In Costa Rica
Zapata Corporation has announced that its subsidiary, Zapata Seafoods, Inc., has completed arrangements establishing a tuna fishing joint venture in Costa Rica with a group of private investors. The diversified natural resources company said that
WABCO To Market New High-Torque Air Motor — Literature Available
WABCO Fluid Power of Lexington, Ky., a division of American Standard Inc., has announced an agreement with Tachyon Corporation of Minneapolis to develop jointly and to market worldwide an improved low-speed, high-torque fractional horsepower air motor.
Zapata And Dutch Firm To Build And Operate U.S.-Flag Dredges
Zapata Corporation, Zapata Tower, P.O. Box 4240, Houston, Texas 77001, and Bos Kalis Westminster Group N.V. of Holland have announced that they have reached agreement to form a joint venture to pursue the design, construction and operation of U.
WABCO Fluid Power Adopts Worldwide Sales And Marketing Strategy
American-Standard, Inc. has combined its U.S. and European WABCO Fluid Power operations and has reassigned management responsibilities to strengthen the firm's international fluid power business. "We're combining the sales, marketing, product planning,