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Industry Seeks Ocean Wealth From Oil to Manganese Nodules
Industry dives into oceanography to tap sea wealth including oil minerals and deep water manganese nodules. Executives from Humble Oil Merrill Lynch Westinghouse and North American Rockwell foresee oil offshore leads to profits with 20 to 25 percent of Ocean Division business by a decade.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York
Charles F. Jones
Humble Oil & Refining Co
Merrill Lynch, Pierce, Fenner & Smith
Oilways
Samuel A. Jordan
Westinghouse Electric Corp
Merrill Lynch
Frank Compton
North American Rockwell Corp