Word: riggings
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Dates: during 1970-1979
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Sizing up the ungainly red rig in a Prague parking lot, one puzzled passerby conjectured that it was a dormitory-on-wheels for an ascetic order of monks...
...result, Reksten canceled the contract, and now must pay Norway's Aker shipyards damages of $67 million. The Norwegian government this month came to his rescue: it agreed to buy shares in several Reksten companies for $35 million. The government will become sole owner of an oil-rig contracting firm, but Reksten will keep control of the other companies. On top of that, the Reksten tanker Sir Winston Churchill, which has been idled in the Persian Gulf for months, has received charters for two trips to Singapore. (Other Reksten tankers are named after Roman emperors, busts of whom decorate...
...loosening up. The stereo rig blares, though Misha may interrupt it to recite the Russian poetry - Pasternak, Mandelstam, Pushkin - he loves. Records of Florence Foster Jenkins' haywire coloratura are another new enthusiasm. He enjoyed a recent trip to Paris because "there, people have more time than in New York." He is absorbing the American pace, however. When Gelsey Kirkland stalled at a recent photo session, he nudged her with "Let's go, Gelsey...
...included his landmark speech on Viet Nam at Tulane University of Louisiana, an address to the Navy League of the United States, a hard-hat groundbreaking ceremony for a library at Lake Pontchartrain and a trip 35 miles out in the Gulf of Mexico to visit an offshore oil rig. Watching Ford pass by, a Louisiana schoolteacher remarked, "You get a different feeling about a President when you see him in person...
...companies argue that they need a better shake in order to pay for their huge development expenses. Exploration and drilling costs are running five times what they are in the placid blue of the Persian Gulf. One reason: the treasure is deep. Oilmen must drop their rigging 400 to 600 ft. beneath turbulent waves then drill another 8,000 to 12,000 ft. beneath the sea floor (see diagram). And North Sea weather is worse than bleak. Last month a crew member on a British Petroleum rig was swept into the sea in an icy storm; his death...