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U.S. oilfield sector jobs rise in March - Energy Workforce & Technology Council
Employment in the U.S. oilfield services and equipment sector rose by an estimated 2,698 jobs to 608,702 in March, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council.
More...The Russia-Ukraine war is a big business bonanza for greedy oil companies
In case you haven't noticed, a major consequence of the Ukraine war is the bonanza it has provided for the oil and gas industry. US sanctions on Russian oil and gas have given the industry yet another reason for more drilling and fiercer opposition to environment-friendly energy sources.
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Time for Biden, Dems to quit demonizing our energy sector and embrace American natural gas and oil
Oil executives to testify on Capitol Hill as Americans grapple with sky-high prices at the pumpVideo
Much like the past, the American oil and gas industry is rising to meet the moment with increased LNG cargoes moving to Europe and others in need. But unlike the past, a politics-first and always vocal wing of Congress is demonizing our sector. Instead of enacting policies to spur domestic production to make up for Russian supplies, these lawmakers hauled energy company CEOs to Washington this week to determine whether our industry is "exploiting the war in Ukraine" for economic gain.
Petrofac, SOCAR to service BP Caspian Sea fields
BP has contracted a Petrofac/SOCAR joint venture to support its offshore and onshore activities in the Caspian Sea area.
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Construction under way of offshore Cambodia oil platform
First steel has been cut for the minimum facilities wellhead platform (MiniPlatform) for Cambodia's first offshore oilfield development.
More...Offshore Cranes Market to hit USD 5 Bn revenue by 2026: Global Market Insights, Inc.
The demand for knuckle boom offshore cranes market is expected to rise significantly over 2019-2026 due to their low maintenance requirements and maximum efficiency. These cranes offer enhanced strength & flexibility, thereby increasingly being used in marine as well as oil & gas industries.
More...Delays loom for LNG and deepwater oil & gas projects as bottlenecks restrain service industry
A dark cloud of capacity constraints is casting a shadow over the oilfield service industry heading into 2020, mirroring the sharp growth in the number of new projects being brought forward by oil and gas operators.
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