“Competence” is a combination of someone who has the capability, experience, skills, including a good attitude that an individual must obtain and demonstrate in order to meet the performance standards onshore/offshore. Although the primary use in the international oil, gas and energy industry continues to be the identification and closure of skill and knowledge gaps, new applications and technologies are emerging. Thus, […]
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Opportunities for the Asia Pacific region’s fifty (50) strong jackup fleet are not exactly extensive. This is especially true in Malaysia, Vietnam and Indonesia who practice forms of cabotage that mean Velesto (UMW) and PV Drilling’s fleets are rarely out of work. It is not quite so true in Indonesia where Apexindo should have a […]
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How did we get here: Its all about Supply and Demand? Between 2004 and 2008 oil was riding a wave generated by a supply issues and supported by ‘long’ speculative investments and a declining US dollar. The crude price reached a peak of $147.27/bbl where every-man and his dog in the industry made a great […]
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Although we are only six months into the new year, a picture is already emerging of what we can expect of the jackup market this year when you compare statistics for 2017 and those to date for 2018. Year 2017 began with a fleet strength of fifty-one (51) jackups plying their trade in the region. Of […]
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Cable glands may be used on all types of electrical power, control, instrumentation, data and telecommunications cables. They are used as a sealing and termination device to ensure that the characteristics of the enclosure which the cable enters can be maintained adequately. The 501/453/Universal cable gland provides two independent seals on armoured, elastomer and plastic […]
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Making personal contact with any electrical voltage especially at high voltage levels can potentially be lethal, as a result, when working in an electrical High Voltage (HV) switchboard room, you should know what to look for. The risk to anyone working in HV areas is greatly focused by careful application of sensible general and company safety regulations and […]
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NEW AWARDS AND TENDERS A drop in jackup utilization rates from 63% at the end of December last year to just 48% at the end of this quarter is mirrored by the Floater sector which also dropped from 28% to 22%. This would suggest the market is worsening but in fact there are promising green […]
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A safe work environment is not always enough to control all potential high voltage electrical hazards. Careful planning and adequate safety procedures are essential to prevent contact with equipment under test. Do you know how to minimize the possibility of an electrical incident? Below are a few ways you can protect yourself when working in a high voltage […]
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If you work in oil and gas worksites, you are more than likely aware of the possibility of a falling object on and offshore (DROPS). Incidents occur when there is a lack of knowledge regarding safety procedures and guidelines especially in potentially hazardous or high severity areas. The article will explain DROPS and some of the best practices you […]
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This blog was written a while ago regarding the state of the Asia Pacific Oil and Gas market with a focus on Asia Pacific. Some of this information may be slightly outdated especially in regards to those drilling contractors who have been relatively busy in acquisitions in 2018. In saying that however it is extremely […]
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