One of the guys I have dealt with in the past has been writing a very interesting blog that I'll put a link to on the left as well. He's more of a Marine guy, rather than oil and gas, but worth a look all the same.
News wise, Ecuador has come up with a different approach to drilling for oil... Not drilling for oil This may be the way forward, although I have to wonder if in 5 or even 10 years time, a different president might just do it anyway.
Scorpion, a relatively unknown drilling contractor, have won a short term contract in Trinidad - maybe a sign of more work in the Jack up market? Not according to Rigzone.
The Jack up contractor who seem to be struggling the most are Hercules. They have a lot of stacked rigs, and seem to be unable to find much work at the moment. With luck things will look up, but they can't be too happy with their $48.3m loss in one quarter.
Jobs wise, still looking for:
Indian Drilling staff for new build Drillship in India.
SE Asian Mechanics and Materialsment for SE Asia.
American Engineers for a Semi in GOM.
BD Managers and Ops Managers for Asia Pac and Algeria (must speak French for Algeria, Asia experience essential for Asia Pac)
Interested? email me
Thursday 29 October 2009
Friday 23 October 2009
Late report
Well the oil price is certainly looking a bit healthier than it has done for a while. I'm quite happy if it continues the trend. More work will come out of it hopefully!
Few interesting developments this past week. (apologies for the late posting)
China have started eyeing up America for Oil exploration. I don't know if America is quite ready for that, but the article from the NY times is here, and this article has a very good analysis of the situation (in my opinion anyway).
Another story about Transocean. This one looks like it could be a problem for them, as I don't think many companies will do well up against a Saudi Prince working through the Saudi legal system.
No link to it, but I see that the oil spill in Australia still hasn't been fixed. This is really the worst possible time for this to happen, as the American anti-drilling lobby are using it as another example not to drill offshore NC or VA. I'm hopeful that they will lift the moratorium, but we'll have to wait and see.
Jobs wise, I'm looking for business development managers for Asia Pac and Algeria. Must be from a drilling background.
I also need lots of Master Mariners and Mates for DP AHTS and PSV vessels in Angola.
And finally, I could use a few Toolpushers for Brazil, Cyberbase and floaters please.
Have a good weekend.
Few interesting developments this past week. (apologies for the late posting)
China have started eyeing up America for Oil exploration. I don't know if America is quite ready for that, but the article from the NY times is here, and this article has a very good analysis of the situation (in my opinion anyway).
Another story about Transocean. This one looks like it could be a problem for them, as I don't think many companies will do well up against a Saudi Prince working through the Saudi legal system.
No link to it, but I see that the oil spill in Australia still hasn't been fixed. This is really the worst possible time for this to happen, as the American anti-drilling lobby are using it as another example not to drill offshore NC or VA. I'm hopeful that they will lift the moratorium, but we'll have to wait and see.
Jobs wise, I'm looking for business development managers for Asia Pac and Algeria. Must be from a drilling background.
I also need lots of Master Mariners and Mates for DP AHTS and PSV vessels in Angola.
And finally, I could use a few Toolpushers for Brazil, Cyberbase and floaters please.
Have a good weekend.
Wednesday 14 October 2009
Lies! (maybe)
Very interesting article here about a company called Ophir energy who have chartered a rig as their consultant told them
"that the deepwater drilling rigs and ships worldwide are “currently 100 per cent utilised and the rates of utilisation are expected to remain at or near 100 per cent and as a consequence oil companies will compete for access to drilling equipment.”"
Now I may be oversimplifying things a bit here, but last I checked utilization was nowhere near 100% for Deepwater drilling. It sounds to me like this company, who will remain nameless on this blog, are cultivating demand to ge their comission a bit earlier. More fool the client I suppose, but it doesn't sound very ethical to me.
Personally, I have found things are starting to look a bit more encouraging as we amble into the last quarter of the year, but the stockmarket seems to disagree. I like this quote about 2 stacked rigs "It's interesting that both went from contract work to stacked, with no idle time in between." Ties in with my earlier theories about jackup rigs being stacked even when contracts are available. If only I had a few Million...
Jobs wise, I am very keen to find Indian nationals with senior experience on semis or drillships. email me if you're interested.
Also am looking for Barge Supers for SE Asia, must have accomodation Barge experience, and look at about $300 per day.
"that the deepwater drilling rigs and ships worldwide are “currently 100 per cent utilised and the rates of utilisation are expected to remain at or near 100 per cent and as a consequence oil companies will compete for access to drilling equipment.”"
Now I may be oversimplifying things a bit here, but last I checked utilization was nowhere near 100% for Deepwater drilling. It sounds to me like this company, who will remain nameless on this blog, are cultivating demand to ge their comission a bit earlier. More fool the client I suppose, but it doesn't sound very ethical to me.
Personally, I have found things are starting to look a bit more encouraging as we amble into the last quarter of the year, but the stockmarket seems to disagree. I like this quote about 2 stacked rigs "It's interesting that both went from contract work to stacked, with no idle time in between." Ties in with my earlier theories about jackup rigs being stacked even when contracts are available. If only I had a few Million...
Jobs wise, I am very keen to find Indian nationals with senior experience on semis or drillships. email me if you're interested.
Also am looking for Barge Supers for SE Asia, must have accomodation Barge experience, and look at about $300 per day.
Thursday 8 October 2009
News from the Frozen North
It's definitely approaching winter, had to scrape the frost off the car this morning.
Just a short post today:
First up we see that Neptune have finished refurbishing their rig. Which is nice, as it's taken them 3 years! So it's probably going to be obsolete pretty soon.
I dealt with Neptune as a recruiter before, and wouldn't do so again. Enough said.
This is an interesting development. I'm not sure what would happen if they did this, but it would definitely impact on the dollar, which would in turn harm China and other countries' foreign reserve. Of course, it's just rumour and speculation.
Jobs wise, I really need experienced Master Mariners for AHTS vessels in Angola. They need to have worked on Anchor handling vessels, and to have experience with DP2.
Just a short post today:
First up we see that Neptune have finished refurbishing their rig. Which is nice, as it's taken them 3 years! So it's probably going to be obsolete pretty soon.
I dealt with Neptune as a recruiter before, and wouldn't do so again. Enough said.
This is an interesting development. I'm not sure what would happen if they did this, but it would definitely impact on the dollar, which would in turn harm China and other countries' foreign reserve. Of course, it's just rumour and speculation.
Jobs wise, I really need experienced Master Mariners for AHTS vessels in Angola. They need to have worked on Anchor handling vessels, and to have experience with DP2.
Thursday 1 October 2009
Pinch, Punch...
..It's October. Can't believe how soon it'll be Christmas.
Anyway, Straight to business.
The Chinese have found Combustible Ice which apparently can be a useful sort of fuel. I had never heard of it before, but it sounds fascinating. Don't know if this is quite the future of modern energy, but who knows?
You probably don't need me to tell you the oil price has been up and down like a yo-yo this week. The average still seems to be around 70 for the last month, but it's still a bit shaky.
Maybe I'm deeply cynical, but anyone else find it a coincedence that BP are just about to start drilling in Libya, so soon after all the furore about Al-Megrahi's release? I wouldn't mind so much if they had just been straight up about it, but it can't just be a coincedence, surely?
Before I sound too much like a conspiracy theorist, let's move on to Adma Opco, who are opening their fields for exploration for the first time in 40 years. link here
Jobs:
US Citizens - Master Mariners for SDPO position in the Gulf. Must have experience on semis or drillships.
UK Citizens - 2nd Engineer for PSV in North Sea, poss. elsewhere.
SE Asian Candidates - Mechanic for Jack up in SE Asia.
Feel free to get in touch if you are interested.
Anyway, Straight to business.
The Chinese have found Combustible Ice which apparently can be a useful sort of fuel. I had never heard of it before, but it sounds fascinating. Don't know if this is quite the future of modern energy, but who knows?
You probably don't need me to tell you the oil price has been up and down like a yo-yo this week. The average still seems to be around 70 for the last month, but it's still a bit shaky.
Maybe I'm deeply cynical, but anyone else find it a coincedence that BP are just about to start drilling in Libya, so soon after all the furore about Al-Megrahi's release? I wouldn't mind so much if they had just been straight up about it, but it can't just be a coincedence, surely?
Before I sound too much like a conspiracy theorist, let's move on to Adma Opco, who are opening their fields for exploration for the first time in 40 years. link here
Jobs:
US Citizens - Master Mariners for SDPO position in the Gulf. Must have experience on semis or drillships.
UK Citizens - 2nd Engineer for PSV in North Sea, poss. elsewhere.
SE Asian Candidates - Mechanic for Jack up in SE Asia.
Feel free to get in touch if you are interested.
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