Page 4: of Maritime Reporter Magazine (April 15, 1980)

French Group Receives $110-Million Offshore Rig

Order From Soviet Union

The Soviet Union awarded a major offshore oil-drilling con- tract 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 deep- water oil drilling went to a French group that has never before sup- plied the kind of equipment need- ed for the project.

The equipment covered in the contract will be used to set up a deepwater oil-drilling unit in the

Caspian Sea.

The contract is one of the last to be awarded under the current 10th Five-Year Plan. During the 11th Five-Year Plan, 1981 to 1985, the Soviets hope to make the

Caspian Sea their major offshore drilling area.

Remember the

U.S.T. Atlantic? 1

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The 400th coal barge built by Hillman Barge & Construction Company for the

Crounse Corporation splashes into the waters of the Monongahela River.

Hillman Launches 400th Barge

For Crounse Corporation

Hillman Barge & Construction

Company of Brownsville, Pa., has announced the launching of the 400th barge the company has built for the Crounse Corporation of Paducah, Ky. Like the first barge Hillman built for Crounse in 1964, this 195-foot by 35-foot by 11-foot coal barge was de- signed and constructed to meet the specific operating and main- tenance procedures required by

Crounse.

This 400th barge is part of an order of 32 barges being com- pleted for Crounse at this time.

All of the barges feature a spe- cially reinforced radius-designed coaming that will deflect buckets during unloading operations, thus reducing maintenance require- ments. Other features include ad- ditional bulkheads in the rake and stern sections for increased buoy- ancy, and heavy plating for added barge life.

Hillman Barge is a leading in- land barge builder. The company specializes in custom-designed barges that are constructed to meet specific operating require- ments and overcome unique prob- lems for its customers. In addi- tion to standard, jumbo and stumbo barges for coal, grain and other commodities, Hillman also constructs tank barges, sand and gravel barges, deck barges, as well as other specialty marine equipment. 6 Maritime Reporter/Engineering News