Wednesday, 25 November 2009

Rain, rain, more rain, and some rain

It's definitely raining now.

This week's been a funny one, I think companies are in that jittery phase where they have stuff to do, but don't really want to do so before Christmas (only however many shopping days to go.) Recruitment tends to level out as clients look to the new year, but there's still a few things ticking over.

In the news:

New Zealand seems to be the place to be, the E107 has been scheduled to drill another production well. Link here. Maybe Ensco's fortunes are looking up a bit, as they have had a few rigs stacked for a while.

There's a squabble between Chevron and Woodside about the Atwood Oceanics rig they had agreed to share. Sounds like handbags at dawn, but might end up pretty expensive. Just goes to show there's plenty of demand for these Hight Spec Deepwater rigs at the moment. Link here.

Finally Noble might be feeling the pinch due to their reliance on Pemex. 10 of their 12 contracts are up next year, placing Pemex in a good position to pressure them for a better day rate. Link here.


Jobs wise, I need the following - A DPO and a Driller/Tourpusher for a new build Cyberbase Semi in the GOM. I also need a Master Mariner for a Jack up in Egypt. Pipeling Engineer and Safety Engineer for Abu Dhabi, and I'm still keeping my eyes open for a decent subsea Engineer for Brazil.

Anyone you know, or if you're interested, please email me

Wednesday, 18 November 2009

back to normal

Was away on holiday last week, in the rain. Lovely.

Seems like things have been steady though, nothing too major on the oil and gas front, just the price dipping down, and slowly resurfacing again. Vacancies are still a bit thin on the ground; lots of plans for next year, but nothing new that's concrete for this year.

In the news:

This interesting article about Vietnamese oil and gas production. It's a little under-utilised at the moment, although there seem to be a few drilling contractors heading that way soon.

I guess one of the main news stories is that Ensco are relocating to the UK. Links are here and Ensco's take is here. I wonder why they have chosen the UK? Taxes are pretty high, and life's pretty expensive, but hopefully this will encourage them to employ a few more people from Europe.

This article shows how desperate the anti-drilling lobby are in the US to prevent offshore drilling. Not only is it ridiculous to invoke the military as a reason not to drill, but I guess this means that the US military would e unable to attack across Ocean that has oil rigs in it. Better not tell Iran this, they'll have the perfect defence. However, they seem to be losing ground, as there will be a big sale next year.

Obama was in SE Asia, and China, promoting goodwill and strengthening Economic and Political ties. He's definitely trying to get access to some of the oil revenues that China are getting, particularly from Myanmar. Interesting article here.

That's all for now. Looking for Drillers for the GOM, Cyberbase Semi experience. A Chief Officer for an AHTS vessel in Angola, and Piping and Safety Engineers for Abudhabi.

Email me at the usual address if you are interested or know anyone who might be.

Friday, 6 November 2009

Short

Apologies, not much posted this week, had what the wife would descrube as "man flu".

Romania has opened up it's oilfields for more exploration, which is good news. Hopefully CROSCO and GSP will be able to secure some of the drilling contracts in the area, as things don't seem too busy for them at the moment.

Libya and BP are getting on liek a house on fire, and it looks like there'll be plenty of work there from next year, which is good news as well.

Back to normal next week (honest).

I'm looking for an HR manager for a drilling contractor in Houston if anyone is looking, and other roles will remain the same.

Thursday, 29 October 2009

Jack-ups

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

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.

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.

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.