offshore, never worked in construction, never worked on a land oil rig platform – you might only start at the bottom. A slow, steady and sure way is to prepare yourself by spending 1 year or 2 on each of the jobs mentioned above. It will earn you relevant experience and it toughens...
Interior Secretrary Ken Salazarannounced plans today to split the dreaded and loathesome Minerals Management Service into two separate agencies — one to supervise offshore drilling rigs and one to collect the billions of dollars in royalties on the oil and gas pumped in public waters....
As 2025 begins, the market could be expected to experience interest-rate cuts, clarifying some of the previous uncertainty about the US Federal Reserve’s stance on rate cuts. In addition to the 75- to 100-basis-point reduction in 2024, the Fed foresees the scope for a total of close to...
Western Canada crude oil production forecast by oil type 2014-2035 Most emission-intensive crude oil types worldwide Global breakeven offshore oil price by company and project 2018 United Kingdom (UK) oil price forecast in U.S. dollars 2017-2024 Price of fuel oil in New Zealand 2012-2021, ...
Aker Solutions’ Matt Corbin concurred. Aker has created around 500 jobs at its Aberdeen subsea business, building components for Statoil’s Åsgard and BP Schiehallion revamp. Aker plans to bring in personnel from other industries and retrain them for oil and gas. Waites asked, ‘what if ...
The annual spikes you here are caused by Canada. Removing the seasonal Canadian spikes gives you a better picture of what is happening to the world rig count. This is the first time since before 2000 when the Canadian rig count did not peak in February. The International Oil Rig Count is...
News reports are about people retraining rather than just waiting for the wages and jobs to ramp back up. Energy production is certainly very important and vital to our needs and lifestyle in Canada, but it is no longer accepted as the be and end all of economic development and progress. ...
Tethys Oil is continuing its operational activities on Block 58, onshore Oman. The preparations for the drilling of the first exploration well, Kunooz-1, in the Fahd area are ongoing and a rig contract has been signed with Gulf Oilfield Services. ...
This is exactly why Bernanke and all those who do not understand the dynamics of their actions always run into problems when confronted with the real world. They see the “need” to stimulate but realize the bond vigilantes will get them so they rig the bond markets by printing money to bu...
Suncor Energy (TSX:SU) is another giant in Canada’s industry. It has set itself apart from some of its peers through a number of high-tech solutions for finding, pumping, storing, and delivering its resources. Not only is it big in the oil sector, but it is also a leader in ...