offshore oil and gas
Taking a long hard look at the f u t u r e without resorting to crystal ball gazing of any kind, it's fair to say the offshore oil and gas support service industry in general and Tidewater Inc. in particular stand at the threshold of a m a g n i f i c a n t business environment.
The Norcontrol Division of A/S Kongsberg Vaapenfabrikk in Norway has restructured its U.S. operations. Nav-Control, Inc. of Halesite, N.Y., has been appointed authorized agent for its navigation/instrumentation line of products. Nav- Control will
Hornbeck Offshore Services, Inc. and OMI Corp. recently announced an agreement in principle to a merger between Hornbeck and three OMI affiliates—OMI Petrolink Corp., OMI Offshore Marine Services, Inc., and Potomac Transport, Inc.—following an exchange of shares.