Monthly Archives: February 2017

Exxon Mobil Recruiting in ‘Many Locations’ in 2017

Exxon Mobil will be recruiting in many locations this year, according to a statement from a company representative. “We can’t speak for the job market as a whole, but we plan our business over the long-term and ExxonMobil and its affiliates are recruiting in many locations,” the spokesperson told Rigzone, when asked if 2017 would… Read more »

Ideal Employer Survey: Students, Graduates Value Culture over Money

College students and recent graduates around the globe value a positive organizational culture more than fiscal perks like a competitive salary or bonus, according to figures from Rigzone’s Ideal Employer Survey (IES). The survey, which included a total of 8,466 participants from more than 100 countries, showed that respondents who stated they were attending college/university,… Read more »

Aberdeen Oil, Gas Industry Has Cause to Celebrate

Voters are split on whether or not Aberdeen’s oil and gas industry is starting to see some positive developments, following the negative effects of the oil price crash in 2014. In a Rigzone Twitter poll, 48 percent of the 110 participants agreed with the statement above, while 52 percent disagreed. Although there has been a… Read more »

Wood Group Cuts Workforce by 36% in 2-Year Period

John Wood Group plc has cut its workforce by 36 percent over a two year period, the oilfield services company revealed Tuesday. “Following a sustainable overhead cost reduction of $148 million in 2015, we reduced overhead costs by a further $96 million in 2016,” Wood Group Chief Executive Robin Watson said in a statement. “This… Read more »

New Mexico contemplates new powers for oil regulators

SANTA FE, N.M. (AP) — The New Mexico Legislature may restore the state’s authority to impose administrative penalties of up to $10,000 per day against oil and natural gas companies for violations of operating and environmental rules. A Senate panel is scheduled Tuesday to consider a bill that broadens civil enforcement of the state Oil and Gas… Read more »

What Needs to Happen with Cybersecurity in Oil, Gas

From cyber attacks to internal security breaches, cybersecurity is an issue in oil and gas that has deservedly come to the forefront. Rigzone even identified cybersecurity as having the potential for significant job growth in coming years. Industry leaders convened Feb. 16 to discuss the future of cybersecurity in the oil and gas industry at a breakfast… Read more »

Abu Dhabi Awards China’s CEFC 4% Of Oil Concession For $900MM

ABU DHABI, Feb 20 (Reuters) – Abu Dhabi awarded a 4 percent stake in its giant onshore oil concession to CEFC China Energy Co for a fee of 3.3 billion dirhams ($900 million), state-owned Abu Dhabi National Oil Co (ADNOC) said on Monday. The stake is the last to be awarded in the concession after… Read more »