Friday 23 April 2010

Returned at last

Well, as some of you may have guessed, I am now the proud father of a lovely baby boy called James, born on the 7th, 7lbs 14oz. He had a bit of a dramatic entrance, but mum and baby are fine now, and we're very happy.

Of course, only now am I getting back into the swing of things, and getting up to date with the recent developments in the market. Of course, the Horizon disaster is one of the main headlines at the moment, and is really tragic. I know all our thoughts are with the families of those killed and injured. It just shows how important proper safety and other procsdures are, and how much the industry needs to continue improving and updating these systems and processes.

It's not uncommon in what I do for me to speak to candidates who complain bitterly about the HSE systems on board a rig, and very often this will be the reason why they are looking to leave. Although things are a lot tighter than they used to be, and in the North Sea in particular, procedures are obviously extremely stringent, I still come across people working for Major contractors who tell me about situations where corners are cut, people aren't there when they have to be, and of horrible mistakes and accidents. Hopefully this horrible incident will encourage some companies once again to look at where they can increase safety rather than cut costs.


In other news, Vantage Drilling are profiled in Rigzone this week. A relatively new Contractor, they seem to have developed a good reputation for themselves, and are continuing to grow.

Maersk have a new rig which will be out later this year. My money would be it'll go to GOM or Brazil, but I am guessing slightly.

Also, Halliburton are to buy Boots and Coots. This came as abit of a surprise to me, but as usual, what do I know.. Article here

There was an interesting article on Reuters here about where things might be headed, and hinted at a combination of caution and slight optimism for the rig markets.

Jobs wise, I'm still getting into things again, but always on the lookout for solid people with good experience and in-date certification.

Thursday 1 April 2010

Drill Obama, Drill

Sorry, i couldn't resist the title.

As the birth of my first born approaches I've been a bit lax posting, so apologies for that. It's imminenet, so if I don't post anything for a week or so, then it'll be here. Or it'll be because I just haven't posted anything...

Big changes in the American offshore sector were announced today, which I suspect most of you will know about, but if not there is a link here. Of course, it won't mean much until 2012, but it gives us something to look forward to.

It seems though that the media aren't too clear on what will happen, many think that the price of petrol will plummet the moment there is a rig in the sea, and worse still, they think that hundreds of platforms will be built overnight, blocking shipping and attracting enemy radar. Not that I claim to know everything by any means, but I'm pretty sure this won't be the case.

Drilling has been underway in Iraq for a while now, but BP have awarded some drilling contracts recently. I did have a client who were looking for a large number of Middle Eastern nationals for some roles there, but they were contract roles, so the insurance premiums for us would be through the roof.

Bad news in the Falklands, it seems the oil quality wasn't great of the little that they did find. I guess they might find more elsewhere, but it doesn't bode too well, especially considering the political cost with the Islands' Argentinian neighbours.

I can't remember if this has been posted by me already, but the Stena Don is off to Greenland for Cairn Energy, to join the Stena Forth. I don't think they hav efound anything yet, but here's hoping.

So that's about all for today. Jobs wise, things are still up and down. I'm looking for:

  • Cementing equipment Installation Project co-ordinators with experience on deepwater rigs for a variety of locations.
  • Subsea Engineers with Hydril/MUX experience for a variety of locations
  • Good Senior Drilling candidates for some Jack ups in Malaysia going to Mumbai.

If you know anyone, pass this on. I'm trying to get my readership up to 500, (currently 200) so please do ask your buddies and pals to come and have a look.