Word: trippingly
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...temperatures and powerful currents to build extraction installations directly on the seabed half a mile (1 km) below the surface. In a couple of hours, extracted gas reaches the Nyhamna plant, where it's processed and sent to Britain via the world's longest underwater pipeline (it's a trip that can take as little as two days). In full swing, the $9.2 billion project will pump up to one-fifth of Britain's gas. More than that, though, StatoilHydro's technological muscle on show at Ormen Lange can give it an advantage when bidding for projects in places like...
...uncovered. On Oct. 4, Hydro said it had contacted Okokrim, the Norwegian national authority that investigates economic crime, after an initial probe suggested Hydro had done more business with the consultancy than was previously thought. Packed into a room with reporters in Molde, a short drive and ferry trip from Nyhamna, StatoilHydro's new boss Lund scoffed at any talk that the revelations might disrupt the smooth integration of the two firms. "I'm the strongest guarantor for that," he said, shortly before heading to the Ormen Lange celebrations, "and that is my responsibility." As the head of Norway...
...sold his Equity Office Properties (EOP) Trust to Blackstone Group for $39 billion in a hotly contested bidding war. He also led the winning $8.2 billion bid to acquire the Tribune Co.--a deal that is yet to close. Zell won't comment on Tribune, but during a recent trip to New York City, he did sit down with TIME's Janet Morrissey to talk about the economy, the debt markets, housing and where he sees the greatest opportunities today...
Betty Ford Former First Lady and founder of the renowned drug-addiction treatment facility in California In light of her recent trip to the United Arab Emirates to raise breast-cancer awareness, Laura Bush is a natural candidate for me. In signing the Memorandum of Understanding with the Health Authority of Abu Dhabi and the Susan G. Komen foundation, she has opened doors for women's health and emphasized the need--and possibility--for all women to be informed about breast cancer...
...billion in aid since 9/11, with most of the money going directly to the military. Turning off the money tap is not seen as an option. "We are mindful not to do anything that would undermine counterterrorism efforts," Secretary of Defense Robert Gates said to reporters during a trip to China. Washington's Pakistan nightmare is that a weakened Musharraf may be ousted by extremist groups, leaving the country's nuclear arsenal in the hands of America-hating wackos. Anthony Zinni, a retired Marine general who headed the U.S. Central Command when Musharraf became army chief in 1998, points...