Page 28: of Maritime Reporter Magazine (November 15, 1973)

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Petrolane Appoints

Durkee President

Petroleum Services

A 43-year-old industrial entre- preneur with 20 years' experience in the petroleum exploration field has been selected as president of the Petroleum Services Division of

Petrolane Incorporated.

W.E. (Gene) Durkee, an expert on petroleum drilling, will head the group of Petrolane companies pro- viding specialized augmentative services required in petroleum ex- ploration and development, pri- marily offshore. Included in the

Petroleum Services Division are

Eastman-Whipstock, one of the largest directional drilling compa- nies with operations worldwide, and Arthur Levy Boat Service, the offshore workboat service with a fleet of 62 marine support vessels operating in waters off the U.S. and 13 foreign countries. Also in- cluded are Indonesia Air Trans- port, providing helicopters and air taxi service to petroleum, mining and logging companies in South- east Asia, and Fishing Tools, Inc., a company furnishing downhole recovery and remedial well services primarily on the Louisiana Gulf

Coast.

In the newly created top manage- ment position, Mr. Durkee will initially be based at Petrolane's headquarters in Long Beach, Calif.

Within a short time, he will estab- lish a division headquarters in

Houston, Texas. ... with the proven superiority of Caterpillar-built diesel marine engines and power units (60 Hp to 1300 Hp) or marine ships service, auxiliary, or standby electric sets (50KW to 900KW). ...H. O. Penn service back-up capability at 4 con- venient locations. ...24-hour computer controlled parts availability. ...field service facilities on call night and day. ... deep water dockside repair at our Bronx East

River dock. ... Caterpillar engine and associated switchgear for virtually every shipboard need. ... power packages for: Cargo Handling - Refrig- eration - Pumping-Auxiliary Electric - Propulsion - other equipment. ... because unsurpassed Cat-quality fs built into every unit, from the start. ... H. O. Penn service is there right throughout the life of your equipment.

You'll start right with auxiliary shipboard power from H.O. Penn.

YOUR CATERPILLAR & TOWMOTOR DEALER

H.O. PENN MACHINERY CO., INC. Supporting Constructive Construction

The Bronx, NY • Westbury, L.I., NY • Poughkeepsie, NY • Tuxedo, NY • Newington, CT

Towmotor is a Trademark of Towmotor Corporation, a Subsidiary of Caterpillar Tractor Co. Caterpillar, Cat and IB are Trademarks of Caterpillar Tractor.Co.

W.E. Durkee

He is a registered engineer, hold- ing degrees in petroleum engineer- ing and advanced drilling technolo- gy from the University of Oklaho- ma and Texas A & M University, respectively.

He is a director and major stock- holder in the First Western Na- tional Bank of Moab and Monti- cello, Utah, and is active in the

Young President's Organization,

Southern California chapter. For five years, he was regional vice president and director of the Ameri- can Oilwell Contractors Associ- ation, and is currently a director of

St. Mary's Hospital of Long Beach,

Calif.

Application To Build 625,000-Dwt Tanker

Filed By Mobil Oil

Mobil Oil Corporation has filed an application for Federal subsidy to help build either a 625,000-dead- weight-ton tanker or one of 425,000 dwt, the Maritime Administration has disclosed. If the larger one is built, it will be the biggest so far in the

United States for which subsidy is sought. Exxon has on file an appli- cation for subsidy for two 400,000- dwt very large crude carriers.

The cost of the smaller one would likely be around $95 million, and for the larger about $120 million.

Mobil indicated no builder has been chosen.

Mobil's application brought the to- tal backlog to 139 ships, representing more than $9 billion of shipyard business. Forty-nine VLCCs were in- cluded in the applications, the balance were mainly smaller tankers under 100,000 deadweight tons, combination ore/bulk/oil carriers, and liquefied natural gas carriers (LNGs).

Alter Gets Title XI

To Build 3 Towboats

And 75 River Barges

The Alter Company, Davenport,

Iowa, has received the Maritime Ad- ministration's approval of its Title

XI application to build 78 vessels at a cost of approximately $14,582,747.

Three of the vessels are towboats, two of which will be built by Dravo

Corporation, Pittsburgh, Pa. — one will be 5,600 horsepower and the other will be 4,200 horsepower. Dra- vo will also construct 75 barges for

Alter. Mainstream Shipyards & Sup- ply, line, of Greenville, Miss., will construct the third towboat, which will be a 6,400-horsepower vessel.

Right from the start 34 Maritime Reporter/Engineering News

Maritime Reporter

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