offshore oil
DOT Approves Two Offshore Superports For Large Tankers
Transportation Secretary William T. Coleman has approved the construction of the nation's first two offshore superports. To be built in the Gulf of Mexico, the deepwater ports will be connected to shore storage facilities by buried pipelines. In announcing this decision,
French Group Receives $110-Million Offshore Rig Order From Soviet Union
The Soviet Union awarded a major offshore oil-drilling contract to a French consortium. The two Paris-based firms that won the contract are E.T.P.M. and U.I.E. The $110-million contract for the first Soviet attempt at deepwater oil drilling went