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Dreco Forms Subsidiary For Drilling Equipment- Three Executives Named Dreco, Inc., a Houston-based oilfield equipment and service company, has announced the for- mation of Dreco Technologies In- corporated (DRETECH), a wholly owned Dreco company. W.I). Frame, general manager of U.S. Operations for Dreco, made the announcement. It was also an- nounced that J. Benton Davis is the president of the company. Defining the company's oper- ating scope, Mr. Davis said the firm will develop, engineer, man- ufacture, market, and service products serving specialized needs of both the drilling and produc- ing industries. According to Mr. Davis, initial production from Dretech will be an eddy-current auxiliary brake for drilling rigs, which will be offered in extensive operating ranges. Dretech products will be man- ufactured and distributed world- wide from the company's Houston headquarters scheduled to be com- pleted in early 1981. The com- pany will construct, as its initial phase, a 30,000-square-foot man- ufacturing facility plus 8,500 square feet of engineering and executive offices on a site in the J. Benton Davis Houston area. The exact location of the facility will be announced soon. Mr. Davis announced that Mar- vin M. Neel and James D. Reyn- olds have been named to key staff level position in the company. Cumulative experience of Messrs. Davis, Neel and Reynolds in the engineering, manufacture, and marketing of eddy-current brakes exceeds a half century. Until completion of the Dretech manufacturing and headquarters facilities, the firm will maintain offices at Dreco headquarters at 4600 Post Oak Place in Houston. Crowley Maritime Names John S. Hollett As Director Of Marketing John S. Hollett has been pro- moted to director of marketing, contract transportation, for Crow- ley Maritime Corporation's Carib- bean Division, according to a re- cent announcement by Robert G. Homan, senior vice president and general manager of the division. In his new position, Mr. Hollett is responsible for marketing Crow- ley's contract transportation serv- ices in the Caribbean, including bulk petroleum and dry cargo con- tract transportation. He was pre- viously marketing manager, bulk commodities, and has also served as director of marketing for Saudi Arabia Transport Organisation Ltd., a Crowley joint venture in the Middle East. New Tracor Booklet On Transit Satellite Navigation System Tracor Instruments is offering free copies of a booklet entitled, "The Transit Satellite Navigation System." This booklet describes the Transit Satellite Navigation System in nontechnical terms. The background of the Transit System is described, the operation of the Transit System is detailed and the current and future status of the Satellite Navigation Sys- tem is presented. This publication will be useful for those people who want to familiarize them- selves with the Transit Satellite Navigation System. For a free copy of the new booklet, write to John L. Hoerber, Dept. MR, Tracor Instruments, 6500 Tracor Lane, Austin, Texas 78721. PRIMA-VAC" SELF-PRIMING SYSTEM FLEX-TACT" ZERO LEAKAGE CHECK VALVES SAFETY & ENVIRONMENTAL SYSTEMS AND COMPONENTS in Accordance with IMCO Regulations • Inert Cas Systems, Domestic/ Foreign Manufacture • Demco Dual Media Tertiary Filters • Demco Packaged Sewage Treatment Plants • Crude Oil Tank washers and Systems —Hilbert Marine A/S, Maersk", Hy-Otac plus Cunclean" for u.S.-subsidized operators • Fire Protection Systems —Cardox" carbon Dioxide/Haloni30i • petro-irap" Oil Containment Sorbants COW/IGS Turnkey Installations in U.S. and Foreign Yards. Fixed Price and Delivery. , FUEL EFFICIENCY & FILTERING SYSTEMS • Nissho-lwai Blender Ace Fuel Oil Blenders • Oil filters/monitors • Stork Aquamarin" Oily-water Separator/Mark IIs DIESEL ENGINE PARTS AND ACCESSORIES • Sulzer, M.A.N., etc. New and reconditioned parts plus service. • Hilbert exhaust valves, seats, pistons. New and reconditioned. MARINE SYSTEMS • Stork-Jaffa Steering Systems WRITE OR PHONE FOR LITERATURE AND OUOTES PENCO Division of Hudson Engineering Company 1114 Clinton St., Hoboken, NJ. 07030 (201) 659-2600 • (212) 349-0890 • Telex 12-7373 September 1, 1980 49