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'Griffin-Alexander I' Now In Service- First Of Eight Costing $280 Million

Griffin-Alexander Drilling Company has announced that the first of its eight new jackup drilling rigs is now in service. The Griffin- Alexander I (shown above under tow), a Bethlehem cantilever design, m a t - s u p p o r t e d jackup built by Bethlehem Steel at its Beaumont,

 

The Dash for Gas

The gas market is exciting, but only for those with a steady nerve and long-term commitment. Over 20 new LNG import projects have been mooted for the U.S. alone. We are witnessing an unprecedented expansion of shipping capacity to meet this and worldwide expansion of demand.

Two Arabian Projects Totaling $80 Million To Great Lakes Dredge

Great Lakes Dredge and Dock Company, 228 North La Salle Street, Chicago, 111. 60601, has been awarded two new projects in the Middle East totaling $80,- 000,000, J.A. Downs, president, has announced. A contract has been signed for $15,000,000

 
 
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