Oil and gas is a global industry in which commodity prices have distinct and significant economic impacts across the world. As such, professionals who work in oil and gas are typically accustomed to global operations and at times, this requires work relocations – both domestically and internationally. It’s always great for both employer and employee… Read more »
Monthly Archives: March 2017
Transcanada Gets Presidential Permit For Keystone XL Pipeline
March 24 (Reuters) – TransCanada Corp said on Friday the U.S. Department of State issued a presidential permit for the construction of the Keystone XL oil pipeline, a project blocked by former President Barack Obama. President Donald Trump will make an announcement on the pipeline at 10:15 a.m. (1415 GMT), White House spokesman Sean Spicer… Read more »
HeliOffshore Deems North Sea Helicopter Operations Safe
Helicopter operations in the North Sea are currently safe, according to HeliOffshore, the global offshore helicopter industry safety association. “Thanks to an industry-wide commitment to global collaboration, we are implementing best practices, funding research, delivering training to enhance the use of automation and investing in systems to enable the secure exchange of data and safety… Read more »
Under-$50 WTI Oil Price Will Be ‘Short Lived’
The WTI oil price of under $50 per barrel won’t last for long, according to oil and gas analysts at GMP FirstEnergy. “We think the foray below $50 per barrel (WTI) is going to be short lived as it is abundantly clear that the global crude oil market has less supply available now than it… Read more »
Recruiter Check-In: What’s Happening in Oil, Gas
In 2017, we’ve already seen OPEC cut oil production, a ramp up of activity in hot spots such as the Permian and a slightly positive shift in overall sentiment of the oil and gas industry. And while industry employment has steadied, many of the some odd 440,000 laid off workers are wondering when the faucet on hiring will be… Read more »
Wood Group Aims to Grow Employment in Long-Term Following Amec Deal
Oilfield services company Wood Group has refused to provide any detail on potential job losses as a result of its decision to buy Amec Foster Wheeler, but insisted that its aim was on growing employment in the long term. “Our focus is on growth and creating employment opportunities in the longer term,” a Wood Group… Read more »
Oil, Gas Job Recovery Much Slower Than Industry Rig Count, Spending Growth
The U.S. rig count has almost doubled during the last 10 months and upstream spending is on track to increase up to 30 percent this year – but the workforce recovery is traveling at a much slower step. More rigs are back to work based on shale’s quick development cycle, minimal geological risk and producers’… Read more »
EPA Hit Hardest As Trump Budget Targets Regulation
WASHINGTON, March 16 (Reuters) – President Donald Trump’s administration on Thursday proposed a 31 percent cut to the Environmental Protection Agency’s budget, as the White House seeks to eliminate climate change programs and trim initiatives to protect air and water quality. The White House’s proposed 2018 EPA budget, with the biggest proposed cut for any… Read more »
Facilities Ops Specialists in Demand in Middle East
Like other regions with a significant oil and gas industry presence, the Middle East has witnessed its share of headcount reductions in recent years. Nevertheless, one can still find robust pockets of oil and gas employment opportunities in the region, according to a UK-based energy consultancy. “Despite many oil and gas professionals being out of… Read more »
Wood Group Buys Amec Foster For $2.7B To Target Oil Upturn Benefits
March 13 (Reuters) – Oil services company Wood Group has agreed to buy rival Amec Foster Wheeler for 2.2 billion pounds ($2.7 billion), seeking rewards from the fast-growing U.S. shale energy sector. Wood Group, a 35-year old company based in the Scottish city of Aberdeen, grew out of helping companies in the now declining North… Read more »
