Page 16: of Maritime Reporter Magazine (November 1978)

Title XI Amendment

Approved By Mar Ad

For Drilling Barges

U.S. Department of Commerce,

Maritime Administration Deputy

Assistant Secretary Samuel B.

Nemirow has approved an amend- ment to a Title XI guarantee to aid in financing the construction of two posted drilling barges. The amendment to the agreement with

Inland Wells Service, Inc., 1930

South State Street, Abbeville,

La., extends the economic life of each of the vessels to 25 years, and reflects an increase in their actual costs.

On June 29, 1978, Mr. Nemirow approved in principle Inland's Ti- tle XI application. The estimated actual cost of each vessel at that time was approximately $4.4 mil-

The Wager Inverted Vent Check Valve

Sizes 1V21' to large 12"

Also supplied with covers. lion. Due to cost increases, the figures have been revised to ap- proximately $5.1 million for one rig, and $5.4 million for the other.

Originally, the economic life of each of these vessels was set at 20 years. However, Inland re- served the right to appeal this decision, because they believed they could marshal evidence show- ing that the vessels would be ca- pable of achieving a longer eco- nomic life. After subsequent meetings between Inland and the

Maritime Administration, the change was approved.

The barges will be used in shal- low inland water areas in the ex- ploratory drilling or workover markets.

Edward Robertson Named

Engineering Director

At ORBA Corporation

ORBA Corporation has an- nounced that Edward R. Robert- son has been promoted to the po- sition of director of engineering and construction. In his new posi- tion, Mr. Robertson will be re- sponsible for ORBA's engineering and construction activities.

Edward R. Robertson

Mr. Robertson has a B.S. de- gree in civil engineering from

Carnegie-Mellon University, and attended the University of Roch- ester. He is a licensed professional engineer in New Jersey and Penn- sylvania, and is a member of the

American Society of Civil Engi- neers, American Society of Test- ing and Materials, and National

Society of Professional Engineers.

Mr. Robertson has over 20 years' experience in the materials handling and consulting engineer- ing fields, and has held positions such as project manager, senior project manager, chief engineer, manager of systems construction, as well as being executive vice president of Pandullo, Chrisbacher & Associates.

ORBA is an international firm which specializes in the design, engineering, construction and op- eration of dry bulk handling sys- tems. The Superior Midwest En- ergy Coal Terminal, designed, built and operated by ORBA, was selected by the American So- ciety of Civil Engineers as the

Outstanding Civil Engineering

Achievement of 1977, and by the

National Society of Professional

Engineers as one of the Ten Out- standing Engineering Achieve- ments in the United States in 1976.

ORBA's world headquarters are at One Gothic Plaza, Fairfield,

N.J. ORBA is a unit of AMCA

International Corporation of Han- over, N.H., a diversified corpora- tion, with major activities in en- ergy, engineering, construction and manufacturing.

The Best vent Valves in The Business

Period.

You can see for yourself: we have given our vent valves everything—not just to meet (actually exceed) every marine spec in the book, but to give you a vent valve that is neat and clean in design, one of rugged components and good workmanship that will stand up, dependably and with long life, under the most punishing marine service you can give it.

No one comes even close in design, materials and workmanship—yet you can have Wager valves and pay about the same, sometimes surprisingly less than you might spend elsewhere.

This is the innovative "ball float" vent valve that Wager originated, perfected by us over the years. These Wager valves meet or exceed current ABS, USCG and NAVY specs.

Hundreds of thousands are in service—more going into service every day. Promptly shipped from stock inventory—by air to answer critical needs.

Once you install a Wager valve, you'll never touch another. These are the best vent valves in the business. Period.

WAGER

ROBERT H. WAGER CO., INC.

Passaic Avenue

Chatham, New Jersey 07928 USA

Tel: (201) 635-9200

Write us for spec sheets. No obligation.

Cast iron, bronze or steel, with copper or Monel trim.

Heavy-duty

Monel screen, edges welded to prevent shifting. 316 Stainless Steel valve seat, machined for positive seal.

Spun copper float, or Monel, weighted for positive closure on true radius.

Monel flame screen.

Neatly cut pass-through holes prevent tear by fastenings.

Bronze spacer ring.

Monel cap.

Float rests, without denting, flat-head screw and recessed washer. on 316 Stainless

Steel fastenings, mounted inside for clean valve design. 12 Maritime Reporter/Engineering News