Danos Hires Daugherty, Moberly as Scaffolding Managers
manager and later as an operations manager. Daugherty holds a Bachelor of Business Administration degree from Southeastern Louisiana University.Moberly is an Air Force veteran with 24 years of oil and gas construction experience. After completing his military service, he began working as a roustabout on oil rigs, then moved to field supervisor and branch manager with Sunbelt Rentals. He and his wife live in Capmti, Louisiana, located in Natchitoches Parish
US Energy Jobs Rise as Higher Prices Boost Oil Drilling
as the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers agreed to reduce output during the first half of 2017 in an effort to stem the oversupply. Analysts said U.S. exploration and production (E&P) companies responded to those higher prices by adding around 250 oil rigs over the past eight months, with even more spending expected on drilling over the next year or two. Analysts at U.S. financial services firm Cowen & Co said this week in a note that capital expenditure tracking showed 31 exploration and production (E&P) companies planned to increase spending
US Energy Jobs on the Rise
Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers agreed to reduce output during the first half of 2017 in an effort to stem the oversupply. Analysts said U.S. exploration and production (E&P) companies responded to those higher prices by adding more than 200 oil rigs over the past six months with even more spending expected on drilling over the next year or two. Analysts at U.S. financial services firm Cowen & Co said this week in a note that capital expenditure tracking showed 25 E&Ps planned to increase spending by an average of 33 percent
O&G Sector Tarnishes Strong US Jobs Report
jobs last month as sustained low oil prices forced energy producers to reduce spending, suggesting that further pain may be ahead for the struggling industry. A roughly 50 percent drop in oil prices since June has pummeled the U.S. oil sector, prompting a quick drop in activity. The number of oil rigs active in the United States has fallen 40 percent since October. The mining sector of the workforce, which includes oil and gas workers, fell by 9,300 to 844,500 last month, according to the Labor Department's February payrolls report on Friday, driven by a fall in oil and gas drilling
US Oilfield Jobs Cull Gains Pace, More Pain Ahead
When Ian Sandlin was laid off last week after 13 months working on oil rigs in southeast Texas, he was surprised to have lasted that long. "I knew it was coming," he said. "I wasn't the first to be let go." The 27-year-old Houston native is among thousands of workers caught in an accelerating cull of oil field jobs across the once booming U.S. oil industry. Sandlin has since found other off-field work, but his hours and pay have been cut in half and it was not clear how long it would last. Interviews with more than a dozen oil workers and job recruiters
Schneider Looks at 130 Job-cuts in France
in 2010. In its southern site of Fabregues, near Montpellier, it plans to cut over 100 jobs out of 150 as it narrows the plant's focus on making metallic substations. These are lighter than common concrete substations and can be exported and installed where companies need them, including in mines and oil rigs. Schneider also plans to shut down completely one site east of Paris, in Saint-Soupplets, where it employs around 30 people. Schneider will seek to avoid layoffs and help workers find other jobs inside and outside the group, the spokesman said. (Reporting by Natalie Huet and Gilles Guillaume
