In issue 14 (June 1978) of Starlog is this article about a remake of The Thing:
William F. Nolan, co-author of Logan's Run, award winning script writer of Burnt Offerings, has been signed by Universal to script a "remake" of the old Howard Hawkes horror-classic, The Thing. "This won't be just a rehash," Nolan said. "I'm going back to the original story, Who Goes There? by Campbell to utilize many values which were ignored the first time around." Nolan's thing won't be a walking talking carrot!
The Things remake eventually did happen, but not until 1982 under the direction of John Carpenter. The William F. Nolan screenplay was not used, instead it was written by Bill Lancaster, the son of actor Burt Lancaster. It interesting to note that his only other writing credits are for the Bad News Bears movies and TV show.
If you are interested in reading the Nolan screenplay it has been published in a book along with John W. Campell’s novella “Who Goes There?” which is the basis for both the original The Thing and the 1982 remake. According to this message board post from the publisher, the Nolan version of the screenplay emphasized the paranoia elements of the story and downplayed the creature/horror elements. I could definitely see a movie like this being very compelling, but I also think the bizarre and sometimes disturbing creature effects used in the remake really make it a great movie.