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New Shipyard San Francisco Drydock Begins Operations On January 1, 1993, San Fran- cisco Drydock, Inc., located on the former site of Southwest Marine's (SWM) facility at the foot of 20th street, began operations as a full service ship repair yard. According to the newly formed company, an affiliate of SWM, it operates the second largest floating drydock facilities on the West Coast and can provide a full range of re- pair services, from a complete mod- ernization and overhaul to a routine "shave and a haircut." SWM chairman and CEO Arthur Engel said, "San Francisco Drydock is set up to better serve their com- mercial customers by offering a more cost effective repair service, result- ing from cost containment and greater efficiency. We see this move as beneficial to our company and our customers." SWM has recently un- dergone a restructuring process to streamline its operation along the West Coast and become more re- sponsive to the demands of current market conditions. The staff at San Francisco Drydock will remain the same and project teams will be established. The teams will include cost ana- lysts, schedulers, estimators, buy- ers and project foremen dedicated to each commercial job. San Francisco Drydock reports Full Service Shipyard • Drydocks with 250,000 DWT & 40,000 DWT Lifting Capacity • Pier Space with Full Services • Fully Equipped Machine Shop • 7 Day a Week Production Schedule Assures Fast Turn Around Time • Gulf of Mexico Location • Multi-crafted Work Force Atlantic Marine, Inc.- Mobile P.O. BOX 3202 • MOBILE, ALABAMA 36652 PHONE: (205) 690-7100 • FAX: (205) 690-7200 Safe, Quality Production 40 Circle 298 on Reader Service Card Cunnard's cruise ship Sagafjord in drydock (right), the tanker Admiralty Bay (center) and Pacific Gulf Marine's bulk carrier, Moku Paku in San Francisco Drydock undergoing repairs. that it will maintain its cooperative working relationship with local gov- ernment officials and labor unions to continue to ensure a viable ship repair industry in the Bay area. Through this partnership of public and private interests, expanded cross trade work abilities to reduce standby time and reduced dockage fees from the port have been insti- tuted, translating into reduced costs for the customer. Additionally, a shipyard training center designed to upgrade skills for existing workers and train new workers in modern shipyard tech- niques has recently been opened. This school will ensure that ship- yard workers are properly trained and are able to provide high levels of quality work. For more information about San Francisco Drydock, Circle 131 on Reader Service Card American Oil Industry Plans To Boost U.S. Offshore Spending In 1993 According to the Salomon Broth- ers' annual oil and gas exploration and production spending survey, the U.S. oil industry is expecting to in- crease its spending within the coun- try during 1993, with an emphasis on offshore development, while over- seas drilling budgets are expected to drop slightly as the result of slug- gish oil prices and weak refining and petrochemical profits. A por- tion of the budget increases in inde- pendent companies will be devoted to U.S. gas drilling operations. An increase in expenditures in the Gulf of Mexico by independent and major oil companies will drive a decisive shift towards further spend- ing on offshore oil development and production this year. "In the U.S., more than twice as many companies plan to spend an increasing percent- age of their budgets offshore rather than onshore," the survey stated. The survey included 147 inde- pendents who anticipated spending an additional 6.5 percent in the U.S. this year, with the biggest spenders including: Anadarko Petroleum Corp; Apache Corp.; BHP Petroleum; Burlington Resources, Inc.; Consoli- dated Natural Gas Co.; Mitchell Energy & Development; Murphy Oil Corp.; Noble Affiliates; Parker & Parsley Development; and Santa Fe Resources, Inc. Maritime Reporter/Engineering News
