Word: consortium
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Dates: during 1970-1979
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...consortium that is building the $7 billion, 800-mile Alaska pipeline began pumping through it now, the chances are that the oil would eventually leak all over the tundra and the pristine mountains along the pipeline's path. For some time this possibility has been a matter of quiet but earnest concern among oilmen and federal officials, who are faced with what may be the biggest problem yet to hit the trouble-plagued project. An urgent audit carried out by the eight-company pipeline consortium, which includes Exxon, Atlantic Richfield and British Petroleum, has revealed 3,955 "problem welds...
...point south of Fairbanks. Ketchbaw Industries, a Houston firm, had a subcontract to perform X-ray tests of the welding; those tests had been required to reduce chances of a serious oil spill. Last year a Ketchbaw employee charged that there had been falsification of some tests. The pipeline consortium investigated the charges, decided that they had substance, and brought a suit against Ketchbaw. Ketchbaw denies falsification and has filed a countersuit...
Specifically, the pipeline consortium alleged that about 10% of the 30,800 welds were questionable, and that X rays of 895 were "falsified," inadequate or nonexistent. Yet the consortium says that only 28 of the welds are actually defective and need to be repaired, which might cost up to $10 million but would not delay the pipeline's opening. The companies concede that more than 1,000 welds need further study to see if they pose any environmental danger. To inspect all the welds would postpone the opening of the line for many months...
Officials at oil companies that now deal with Iran have mixed reactions to the barter proposal. Says an executive at Standard Oil of California: "The Iranian government has been pressing the members of the Iranian oil consortium recently to accept more oil. This could take the pressure off us." But another oilman at Standard of Indiana disagrees: "We are now in delicate negotiations with the Iranians. Their crude is overpriced, and we are unwilling to accept their terms. Now along comes the U.S. Government, which says it will [go along with a barter deal]. We are shocked...
Dance Collective, a loose consortium of Boston choreographers, will put on two concerts in the next week. Tonight and tomorrow night dance works choreographed by four members of the collective and video works created in conjunction with the WGBH New Television Workshop will be performed at the Institute of Contemporary Art, 955 Boylston. (Take the Dudley Sq. bus from Harvard Sq. to the Auditorium MBTA stop.) Next week, May 14 and 15, the group teams with Mass College of Art to present three old works and two untitled premieres. Dance Collective members are strong performers, and they're getting stronger...