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...Harvard Corporation member, one senior official said, should have "business talents and connections like Nickerson [the retired board chairman of the Mobil Oil Corporation], be that person man or woman...

Author: By Charles E. Shepard, | Title: A More Corporate Corporation | 11/22/1975 | See Source »

Even as Kidron spoke, this historic step toward a Middle East peace was becoming bogged down in an unexpected small diplomatic snarl. The Egyptian representatives who showed up to reclaim the fields were not Egyptians but three cigar-chomping Texans who work for Mobil Oil; the corporation owns 50% of the Egyptian company that had operated the fields before Israel captured them during the Six-Day War. The Israelis in charge of Ras Sudr insisted that the Texans had to sign for the Arab Republic of Egypt. Well, no, said Engineering Consultant Billy Marcum of Dallas; he and his buddies...

Author: /time Magazine | Title: THE MIDDLE EAST: The Spirit of the Sinai Settlement | 10/20/1975 | See Source »

Israel, meanwhile, was acting with equivalent aplomb. Even though Jerusalem did not sign the agreement until last week, the government had earlier decided to honor a timetable drawn up as though it had. Thus the Mobil engineers were welcomed heartily when they first arrived at Ras Sudr under U.N. escort, a day before the signing ceremony. An Israeli colonel in charge of the pullback from the fields told TIME Correspondent Marlin Levin: "We will leave the oilfields to the Egyptians just as we found them. We have even cleaned up the mosque for them...

Author: /time Magazine | Title: THE MIDDLE EAST: The Spirit of the Sinai Settlement | 10/20/1975 | See Source »

...Sasaki Associates of Watertown, the Forrestal Center will include in addition to sites for industrial plants and office buildings 1600 housing units, a 400-room hotel and convention center, and a small neighborhood shopping center, Hire said. Current tenants of the center include the R.W. Johnson Foundation, RCA Corporation, Mobil Oil Corporation and the Dow Jones Corporation...

Author: By Daniel E. Larkin, | Title: Princeton Combines Business With Education; Forrestal Industrial Park Renews Tenant Drive | 9/30/1975 | See Source »

...once and disrupt the economy. Unlike Britain, though, Norway has firmly made up its mind as to what role the government should play. Through Statoil, the state oil company, Norway controls most of its oil industry. It buys up to 75% interests in production ventures; Statoil and Mobil along with other oil companies are partners in Statfjord, Norway's biggest oilfield yet (3 billion bbl. in reserves). Headed by Arve Johnsen, a 41-year-old economist and lawyer, Statoil aims to become a fully integrated company, exploring, drilling, producing and refining oil. It already owns participation rights...

Author: /time Magazine | Title: OIL: High Costs, High Stakes on the North Sea | 9/29/1975 | See Source »

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