Word: gulf
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Dates: during 1950-1959
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...Backdoor. Richard King became a boatman by chance: he made his exit from New York by stowing away on a Gulf-bound sailing ship, and the captain taught the youngster his trade. During the rugged days on the Southwest border, after Old Fuss-and-Feathers Scott and Old Rough-and-Ready Taylor shoved Mexico back across the Rio Grande, Captain King and his partner, Mifflin Kenedy, made themselves a big stake by transporting cargo upriver by boat as far as skilled captains and sound bottoms could navigate. In 1852 King made an overland trip from Brownsville to Corpus Christi...
...hooting tugboat nosed up to an odd-looking 4,200-ton contraption in West Germany's Audorf shipyards (on the Kiel Canal) last week, made towlines fast and headed to sea, outward bound for the Persian Gulf, 6,800 miles away. No ordinary barge, the contraption bristled with a 140-ft. derrick, a crane, a heliport, had air-conditioned quarters for 50 men. Built at a cost of $3,500,000, it was the most advanced mobile oil-drilling platform ever built, and a device that its owners, British Petroleum Co. and Compagnie Franchise de Petroles, hope will open...
...Deep. In barely seven years, De Long has built a multimillion-dollar business helping oilmen explore offshore fields with massive mobile barges that can be rooted to the ocean floor solidly enough to withstand the most violent storms. Five De Long barges are already drilling in the Gulf of Mexico; another has just started operating off the coast of California; still others abuilding are slated for South America and Southeast Asia, generally at rents of $6.000 a day, including equipment. Starting with a maximum depth of 50 ft., the company has learned to build mobile rigs, that can operate...
...last week ratified an oil pact that was a major break in the traditional fifty-fifty profit split that Middle Eastern governments give foreign prospectors. To Italy's state-run ENI and its ambitious boss. Enrico Mattei, Iran granted twelve-year drilling concessions for a strip on the Gulf of Oman, a submerged area off Abadan, and a promising 6,800-sq.-mi. area south of the fabulous Qum find (TIME, May 6). But to Iran ENI gave up to 75% of the profits from any oil find it may make...
Last week Ben-Gurion deepened the gulf with a speech before a Jerusalem meeting convened to discuss the ideology of Zionism. Some 70 writers and thinkers from all over the world gasped audibly when Ben-Gurion announced: "The difference between Goldmann and me is that he is a Zionist and I am not. There seems to be general agreement that a Jew can live in America, speak and read English and bring up his children in American culture and still call himself a Zionist. If that is Zionism, I want no part...