U.S., KOREAN COMPANIES TEAM UP
Offshore Pipelines Inc., Houston, has joined with Hyundai Heavy Industries Co. Ltd. of Korea to form Offshore Hyundai International Ltd. The new company will focus on marine construction projects in the Middle East, Southeast Asia, and Far East. Initial projects include installation by OHI of 32 pipelines and a 4,400 metric ton production deck. Under separate subcontract, OPI will install 14 pipelines and six platforms.