Bethlehem's Beaumont Yard Had Outstanding 1980—Booked Into '82

The continuing push in petroleum exploration fueled another outstanding year for Bethlehem Steel Corporation's Beaumont, Texas, yard, Sherman C. Perry, general manager, has reported.

Demand for Bethlehem's jackup drilling rigs continues strong, he said. Contracts for nine mobile offshore drilling units were signed with four customers during 1980, and the yard is booked well into 1982.

"Having two years of work already on the books means stability for the Beaumont area economy, and our employees are assured of continued employment.

It's obvious that we in the Beaumont yard have much to be thankful for. It's much better to be concentrating on getting the job done well than to be worrying about getting a job," Mr.

Perry said. The yard has a current work force of about 2,200, and this should remain steady well into 1982. He also reported that during 1980 the yard's total payroll was about $48.5 million, and annual purchases locally for various materials pump another $35 million into the economy.

During 1980, nine mobile offshore drilling units were delivered, Mr. Perry noted, and all of them are engaged in the search for oil and gas.

Maritime Reporter Magazine, page 20, Feb 1981

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.