Majority of jobs in the oil and gas sector are onshore, however, there are few which are located offshore that include working on rigs at sea. Life and work conditions at offshore rigs are tough. They do differ based on the location, climatic condition, surroundings, and company policies. Some oil rigs can be found on dry land while others can be in seashore or hundreds of miles inside the sea. Therefore, there are a lot of apprehensions attached to the jobs in offshore oil rigs. If you too are considering a job on an oil rig but are unsure what to expect and how well will you cope up, here is a comprehensive guide to understanding life on an offshore oil rig.
The Offshore Life Conditions
Workers from profiles like drilling, construction, and metallurgy work outdoors in rough weather conditions. Others such as geologists and engineers keep switching their workplaces from offices to the inside of oil rigs platform and deck zones. However, managers, administrative staff, executives mostly work in offices in a comfortable setup. So, living conditions at offshore locations primarily depend upon the type of job role.
The overall living conditions on the oil rigs have been upgraded significantly in comparison to the past. In fact, some offshore rigs meet the standards of a good hotel. The safety and security of the rig workers are of paramount importance; thus, every oil company provides necessary training, safety gears, and rotational shifts to ensure smooth working conditions. Additionally, the income at offshore locations is comparatively higher than similar land-based positions. The major part of the salary can be converted into savings as all the potential major expenses like food, accommodation, and travel cost are borne by the oil rig company. Most of the oil rig companies are in the Middle East, Brazil, North Sea, Scandinavian coast, Alberta, Texas, Dakota, Australia, Venezuela, and Louisiana. This means that as an oil rig worker you will have a chance to explore these beautiful destinations at company expense.
One of the biggest drawbacks of working on an oil rig is the continuous noise and the temperature that keeps fluctuating too depending upon the location of an oil rig.
Lifestyle While Working on An Oil Rig
Now let’s look at the lifestyle that you probably must adapt to while working on an oil rig:
Remuneration: The salaries and benefits of rig workers vary widely based on their job role, expertise, and market conditions. However, the salaries are better in comparison to other industries. The workers get fairly compensated to work in offshore locations, adhering to strict schedules and risks. The payscale is, in fact, one key attraction points for workers on oil rigs.
Working Shift: Usually, the working shift has 12 hours ‘on’ and 12 hours ‘off’ shift patterns with a mixture of both day and night. However, based on the job role, some workers spend 2-3 weeks or even more working offshore while 2-3 weeks at home resting. Workers stay away from the family for a longer duration of time and can miss out on special family functions, festivals, and funerals. On the other hand, they get to stay with them for equally long duration of time.
Commuting: Your traditional way of commuting to work will change considerably. You’ll now be transferred in a helicopter from the shore to the rig. Sounds exciting? But there is a catch. You need to go through an extensive sea survival training before you can enjoy your ride. You will be trained on wearing immersion suits, buoyancy aids, and go through other safety training before you qualify to travel. It may seem daunting at the start but eventually, it becomes your second nature.
Accommodation: Accommodation on-board has improved significantly over the years. It usually comprises of a dormitory with bunk beds arranged sequentially with 4-8 people sharing the room. This helps the workers to bond with each other. However, some rigs offer private rooms as well. The accommodation type can vary based on your job role too.
Food: Off-shore rigs usually comprise kitchen staff who prepare high-quality food including fresh salads and meats. The food item is delivered to rig via helicopter or boat. Since the staff members are limited, the canteen has self-service mostly. Food requirement and food safety standards are ensured by the oil rig companies.
Medical provision: Before workers are transferred to the off-shore location, they undergo a mandatory medical examination to ensure that they are fit to work in the off-shore rig. However, to ensure medical safety on the location, medical personnel is employed on-board. For any medical emergency, helicopters are kept on standby for evacuation, if necessary.
Communication: Mobile phones connectivity is generally patchy at offshore locations, so satellite phones are available for communication. Additionally, some oil rig companies provide internet facilities which makes communication with family and friend easier.
Entertainment facilities: Working offshore can be stressful. To combat this, recreational facilities are ensured on off-shore location. It includes, but is not limited to the compact movie theatre, television, pool table, air hockey, video game console, WiFi, tablets, and permission to use their own entertainment gadget as well.
Smoking and alcohol consumption: Smoking on oil rigs is dangerous and is mostly banned. However, a designated smoking area is provided for smoking and matchbox or lighters are available only in those assigned areas. However, oil rigs have a strict policy against alcohol consumption and on all non-prescription drugs. It can lead to termination from employment and random drug tests are conducted to ensure this.
You now know what your life will be on an oil rig. However, before you apply make sure that you are physically and mentally fit to work on an oil rig. If you find it exciting, you can check NrgEdge.com for relevant job openings in the oil and gas field and start working towards your dream.
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In the last week, global crude oil price benchmarks have leapt up by some US$5/b. Brent is now in the US$66/b range, while WTI maintains its preferred US$10/b discount at US$56/b. On the surface, it would seem that the new OPEC+ supply deal – scheduled to last until April – is working. But the drivers pushing on the current rally are a bit more complicated.
Pledges by OPEC members are the main force behind the rise. After displaying some reticence over the timeline of cuts, Russia has now promised to ‘speed up cuts’ to its oil production in line with other key members of OPEC. Saudi Arabia, along with main allies the UAE and Kuwait, have been at the forefront of this – having made deeper-than-promised cuts in January with plans to go a bit further in February. After looking a bit shaky – a joint Saudi Arabia-Russia meeting was called off at the recent World Economic Forum in Davos in January – the bromance of world’s two oil superpowers looks to have resumed. And with it, confidence in the OPEC+ club’s abilities.
Russia and Saudi Arabia both making new pledges on supply cuts comes despite supply issues elsewhere in OPEC, which could have provided some cushion for smaller cuts. Iranian production remains constrained by new American sanctions; targeted waivers have provided some relief – and indeed Iranian crude exports have grown slightly over January and February – but the waivers expire in May and there is uncertainty over their extension. Meanwhile, the implosion in Venezuela continues, with the USA slapping new sanctions on the Venezuelan crude complex in hopes of spurring regime change. The situation in Libya – with the Sharara field swinging between closure and operation due to ongoing militant action – is dicey. And in Saudi Arabia, a damaged power repair cable has curbed output at the giant 1.2 mmb/d Safaniuyah field.
So the supply situation is supportive of a rally, from both planned and unplanned actions. But crude prices are also reacting to developments in the wider geopolitical world. The USA and China are still locked in an impasse over trade, with a March 1 deadline looming, after which doubled US tariffs on US$200 billion worth of Chinese imports would kick in. Continued escalation in the trade war could lead to a global recession, or at least a severe slowdown. But the market is taking relief that an agreement could be made. First, US President Donald Trump alluded to the possibility of pushing the deadline by 2 months to allow for more talks. And now, chatter suggests that despite reservations, American and Chinese negotiators are now ‘approaching a consensus’. The threat of the R-word – recession – could be avoided and this is pumping some confidence back in the market. But there are more risks on the horizon. The UK is set to exit the European Union at the end of March, and there is still no deal in sight. A measured Brexit would be messy, but a no-deal Brexit would be chaotic – and that chaos would have a knock-on effect on global economies and markets.
But for now, the market assumes that there must be progress in US-China trade talks and the UK must fall in line with an orderly Brexit. If that holds – and if OPEC’s supply commitments stand – the rally in crude prices will continue. And it must. Because the alternative is frightening for all.
Factors driving the current crude rally:
Already, lubricant players have established their footholds here in Bangladesh, with international brands.
However, the situation is being tough as too many brands entered in this market. So, it is clear, the lubricants brands are struggling to sustain their market shares.
For this reason, we recommend an impression of “Lubricants shelf” to evaluate your brand visibility, which can a key indicator of the market shares of the existing brands.
Every retailer shop has different display shelves and the sellers place different product cans for the end-users. By nature, the sellers have the sole control of those shelves for the preferred product cans.The idea of “Lubricants shelf” may give the marketer an impression, how to penetrate in this competitive market.
The well-known lubricants brands automatically seized the product shelves because of the user demand. But for the struggling brands, this idea can be a key identifier of the business strategy to take over other brands.
The key objective of this impression of “Lubricants shelf” is to create an overview of your brand positioning in this competitive market.
A discussion on Lubricants Shelves; from the evaluation perspective, a discussion ground has been created to solely represent this trade, as well as its other stakeholders.Why “Lubricants shelf” is key to monitor engine oil market?
The lubricants shelves of the overall market have already placed more than 100 brands altogether and the number of brands is increasing day by day.
And the situation is being worsened while so many by name products are taking the different shelves of different clusters. This market has become more overstated in terms of brand names and local products.
You may argue with us; lubricants shelves have no more space to place your new brands. You might get surprised by hearing such a statement. For your information, it’s not a surprising one.
Regularly, lubricants retailers have to welcome the representatives of newly entered brands.
And, business Insiders has depicted this lubricants market as a silent trade with a lot of floating traders.
On an assumption, the annual domestic demand for lubricants oils is around 100 million litres, whereas base oil demand around 140 million litres.
However, the lack of market monitoring and the least reporting makes the lubricants trade unnoticeable to the public.
Headline crude prices for the week beginning 11 February 2019 – Brent: US$61/b; WTI: US$52/b
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