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The Top 10 Posts for 2018

December 27, 2018
| Archives

2018 was shaping up to be the best year out of the last few for operators and contractors alike. Although the deepwater sector of the industry still remains severely depressed, rates for these technological marvels are in the doldrums and still see no future of making any advancements based on current market conditions. The Permian basin is still red-hot and forecasts to

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H & P Host Walk-In Job Interviews January 8 in Scranton, PA

December 27, 2018
| Archives

On Helmerich & Payne’s LinkedIn page today they have posted an advertisement for walk-in interviews for Floorhand positions going to work in their Pennsylvania District. (Rig locations include OH, PA, WV). Event will be held on Tuesday, Jan. 8 from 1-3pm at the Four Points by Sheraton Hotel in Scranton, PA (300 Meadow Avenue, Scranton, PA 18505). Interested candidates

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Daewoo Shipbuilding resolves disputed contract with Angolan oil firm

December 26, 2018
| Archives

SEOUL, Dec. 26 (Yonhap) — Daewoo Shipbuilding & Marine Engineering Co., a major shipyard in South Korea, said Wednesday that it plans to deliver two drill ships to the Angolan state oil company Sonangol early next year, ending a yearslong dispute over a delay in the delivery of the ships. Daewoo Shipbuilding said it has agreed with Sonangol

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Exxon Seismic Ship Intercepted by Venezuelan Navy in Guyana Waters

December 24, 2018
| Archives

GEORGETOWN, Guyana — Guyana’s foreign ministry has condemned what it says was a dangerous incursion into local waters after a Norwegian ship hired by ExxonMobil was “intercepted†by a Venezuelan naval vessel. The ship, Ramform Tethys, was contracted to conduct seismic work by the company in a block off Guyana’s coast. It was approached Saturday morning by the Venezuelan

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US Rig Count +9 This Week, Canada -43

December 21, 2018
| Weekly Rig Count

  Baker Hughes, a GE company has posted Weekly Rig Count reports. Baker Hughes Rig Count: U.S. +9 to 1,080 rigs U.S. Rig Count is up 9 rigs from last week to 1,080, with oil rigs up 10 to 883 and gas rigs down 1 to 197. U.S. Rig Count is up 149 rigs from last year’s count of 931, with

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Work Fatalities: How They Died In 2017 Tells Us How To Survive In 2019

December 21, 2018
| Archives

The “employee experience,†as we’re currently branding it, covers a lot of ground. Individualization, compensation, work/life balance, company mission, leadership transparency, recognition, teamwork, accomplishment – all these are essential components of the unwritten social contract employers have with their workers. But there’s one aspect that outranks them all: safety. When life or limb are lost, nothing else in

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US Gulf of Mexico poised for historic year in 2019

December 21, 2018
| Archives

  Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, global natural resources consultancy Wood Mackenzie said. William Turner, senior research analyst at Wood

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