Word: oiled
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Dates: during 1960-1969
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Jacob Blaustein, LL.D. former U.N. delegate, co-founder of the American Oil Co. Rare blend of statesman, industrialist and humanitarian...
Fourteen years ago, Munir Abu-Haidar founded Trans-Mediterranean Airways as a creaky charter service linking Beirut with neighboring wastelands where oil was being scouted. Today the line flies not only to England and the European Continent, but also to Bombay, Karachi, Tokyo and Taipei. Last year its planes logged 34 million ton-miles, 41% more than the previous year. Last week Abu-Haidar was negotiating for the lease of two 707 jets, with which he hopes to increase his ton-mileage to 50 million...
Friendly Firing. Like much of the modern business in the Middle East, Trans-Med was born because of the oil industry. Abu-Haidar, graduating from the American University of Beirut, decided against a career in medicine, went to work as a junior clerk for the Arabian American Oil Co. He was eventually named head of the transportation department, given the job of providing food and equipment for Aramco crews prospecting along the Persian Gulf. Trucks carrying the supplies either bogged down in the desert or were stopped by tribesmen; ships sometimes went aground. Abu-Haidar decided to switch to airplanes...
...With that credential, he arranged the lease of an aging four-engine York, the transport version of England's Lancaster bomber of World War II. Operating out of a one-room office in Beirut, Abu-Haidar was soon getting charter business not only from Aramco but from other oil companies as well. He leased three additional Yorks, manned them with former R.A.F. flyers who knew the region from wartime service. Trans-Med hauled heavy machinery and baby chickens, dynamite and guns. "Weapons to me," says Abu-Haidar today, "are the same as pieces of lumber. A European government charters...
Bechtel's biggest boost came with World War II, when the company built and operated the Calship and Marinship yards on the West Coast and turned out a total of 560 ships for the Allies. During that time, Bechtel was also gaining experience in oil-refinery engineering and pipeline construction, which paid off handsomely in postwar years. Since then, Bechtel engineers have been consistently busy. One of their earlier enterprises: laying a large part of the 1,100-mile trans-Arabian pipeline linking the Persian Gulf with the Mediterranean in 1947-50. One of their more recent tasks: building...