American Oilfield Divers earns Safety in Seas Award for second consecutive year.LAFAYETTE, La.--(BUSINESS WIRE)--March 18, 1997--American Oilfield Divers, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DIVE) earned the National Ocean Industries Association (NOIA NOIA National Orthopedic Imaging Associates NOIA National Ocean Industries Association NOIA Newfoundland Ocean Industries Association NOIA Norwegian Oil Industry Association NOIA Network of Information Appliances NOIA Notice of Incomplete Application NOIA Notice of Intent Award ) 1997 "Safety in Seas" award, recognizing AOD See HD DVD. for its significant contribution to the safety of human life in the development of ocean energy resources during calendar 1996. AOD becomes the first company in the 20-year history of the award to earn this honor in consecutive years, and is only the second company to earn the award twice. "Without question, this is truly an honor for the Company to earn this award not only once, but twice," said Rod Stanley, AOD's President and Chief Executive Officer. "It is indicative of AOD's commitment to safety, but more importantly, it exemplifies the commitment our employees make to performing their various duties in the most efficient manner. They represent what this award is all about, and have earned the right to claim a stake in it." AOD earned the Safety in Seas Award based on its employee-owned Self-esteem, Management action, Accountability, Responsibility and Training ("SMART(SM)") process. SMART(SM) is a component of AOD's Safe Operations Process. "Our employees are responsible for the development, implementation and management of our SMART(SM) process," said Jerry Cottrell, AOD's Vice President of Corporate Safety. "Our employees developed the SMART(SM) process to ensure readiness as they learn to expect the unexpected." The Safety in Seas award is sponsored by Compass Publications, publisher of Sea Technology Magazine, and was announced by its president Charles Bussmann at NOIA's 25th Annual Meeting Monday night. In 1996, AOD was co-recipient of the Safety in Seas award with Chevron USA's Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east Business Unit. Currently, AOD and Chevron USA's Gulf of Mexico are engaged in a strategic alliance in which AOD provides diving services and diving support vessels A diving support vessel is a ship that is used as a floating base for professional diving projects. Commercial Diving Support Vessels emerged during the 1960s and 1970s when the need arose for diving operations to be performed below and around oil production platforms and for Chevron and the Gulf of Mexico. AOD is a leading provider of diving services, subsea Subsea is a general term frequently used to refer to equipment, technology, and methods employed to explore, drill, and develop oil and gas fields that exist below the ocean floors. This may be in "shallow" or "deepwater". products, marine construction and environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, to the offshore oil and gas industry, primarily in the U.S. Gulf of Mexico, U.S. West Coast, internationally and to certain U.S. inland customers. CONTACT: American Oilfield Divers, Inc. Greg Rosenstein, 318/234-4590 or National Ocean Industries Association Paula Barnett, 202/347-6900 |
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