OXY PREPARES FOR N. SEA FIELD DEVELOPMENT

Occidental Petroleum (Caledonia) Ltd. has let three contracts in preparation for development of Saltire oil field, formerly named East Piper, in the U.K. North Sea. Oxy plans to seek formal approval for the 100 million bbl Saltire development project from the U.K. Department of Energy later this year. Elsewhere, Amoco Norway will soon become the first western operator to put a Soviet rig to work in the North Sea. The company signed a contract for use of the U.S.S.R.'s Kolskaya jack up for a

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