Dear Timbuktu,
Let's use our common sense (or good judgement, if you prefer) and look at the problem from a practical point of view.
You say that the transformer should last for 30 years. Chances are (strong chances, by the way), that sometime sooner or later during those years you will need to take the transformer internals (i.e. windings and core) off the tank for maintenance. How are you going to do that if the cover is welded to the tank? Will you cut it off with a torch or plasma? Impossible. Will you cut it off by means of a hacksaw? A hell of a job. That's why transformer covers are bolted to the tank: to have access to the windings and core.
To prevent oil from leaking off the tank a good gasket should be used in the flanged joint between the tank and cover. Rubber gaskets are not indicated because rubber is soluble in transformer oil. Asbestos gaskets are forbidden in the USA and other countries. Get in touch with a reputable gasket manufacturer and ask for material recommendations (John Mansville is one, but I don't know if he's still in business).
Once the gasket is in place, it should be tightened properly, i.e., until the proper thickness reduction has been achieved. Again, ask the gasket people for recommendations.
Also, discuss this matter with your professor.
Giovanni S. Crisi
Sao Paulo - Brazil