Word: arcos
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...those natural polluters, the Atlantic Richfield Co. (ARCO) ordered up two pyramidal traps, the first of which was installed a fortnight ago. Placed over an area with a large concentration of leeps, they will sit on the sea floor like upside-down funnels, collecting gas and oil. The natural gas is siphoned off through a 6-in.-wide pipe that runs along the ocean bottom to shore. The oil will be stored in tanks within the pyramids and periodically emptied by ships. The project is expected to yield...
...hydrocarbons they eliminate, they will be allowed one ton of sulfur-and nitrogen-oxide emissions from future drilling in the Santa Barbara Channel. The pact should clear the way for developing a nearby well that could produce as many as 4,100 bbl. of oil a day. Says ARCO's offshore operations chief, Paul Rowley: "We just couldn't do it without the trade...
This year's seven Follows of the Institute of Politics (IOP)--including two journalists, a lawyer and several elected officials--compared beliefs and discussed their political roots at a panel in the ARCO Forum last night...
Firms that have already gone into the field report that networks can quickly change office style. Atlantic Richfield Co. has installed a pilot project that links 50 employees on the 21st floor of its Los Angeles corporate headquarters. Says Deanna Bengston, the director of Arco's office support program: "People are collaborating more on documents; it's affected the working style." At the nearby Transamerica Corp. offices, some 200 employees on three floors are connected by a network. Says Transamerica Consultant Zara Haimo: "We're looking for improved quality in the way people work...
With the increased use of cash come problems. Last week Atlantic Richfield Co. stopped accepting credit cards, claiming that the resulting lower overhead costs would permit it to drop the price of gasoline by about 30 per gal. ARCO, though, is so fearful of gasoline stickups that it is installing safes in most of its stations...