Recently, Tharwa, the oil and gas company have discovered oil in Egypt in the Eastern Desert in the West Esh El Mallah area. Currently the production level is expected to be 1300 barrels a day. This comes as oil prices rise worldwide, and with the recession starting to subside. The oil discovery poses many new oil jobs in Egypt as the drilling starts. Tharwa signed a deal for the exploration of the 43 square kilometer, or 16.6 square mile, area in August 2009. This was $ 17.5 million. The different kinds of oil jobs that you can get working in one of these concessions include oil and gas pipeline engineer jobs, walker jobs, pipelayer jobs, inspector jobs, supervisor, design engineer, and many more. These kinds of oil jobs are ideal to get when you want to travel to Egypt and get some emplo...

Oxane, a company that produces proppants for oil and gas companies is opening a new manufacturing plant in Van Buren which could mean more than 300 oil and gas service jobs in the area. The company’s decision to open a new plant is due to the fact that they have developed a new proppant in conjunction with Rice University which uses nanotechnology. They are expecting to invest $15 million in the new plant which includes hiring 50 people by the summer of 2010. With further expansions into 2014, the job openings will increase to 300 or so. Proppants are very necessary in the drilling of gas and oil wells and are used to prop up the underground wells after the frac fluid has been removed. The new technology is supposed to make the proppants stronger, but also lighter. These new proppants ha...

Canada based Husky Energy, the 3rd largest oil company in the country, is planning to expand its portfolios by placing more than 26 percent into two projects, namely the natural gas finds off the coast of China and the massive Oil Sands project. These two projects have been the focus of their attention for the past year after the budget was cut drastically due to the economic downfall. They expect to spend about C$3.1 billion in 2010 to increase oil production from the current 306 000 barrels of oil per day to about 330 000 barrels per day. This is for their largest oil sands project on the go at the moment and for their Asian properties the budget is set at C$660 million, which is an increase of C$140 million. Husky is planning to spend about C$85 billion to advance the Sunrise Oil Sands ...

Oil Industry Jobs in Africa The sixteenth African Oil Week held in Cape Town saw delegates from various independent oil producers positive about the future of the oil industry in Africa. It was emphasized that African was at the forefront of the oil industry with many unexplored potential oil sites. There are currently 550 oil firms operating in Africa, and there are many more soon to follow, despite the economic crisis, volatile prices, and the geopolitical pressures. Statistics show that Africa has a largely unexploited oil reserve with about 120 billion barrels, and a gas reserve of 500 trillion cubic feet. Oil producers are continuously interested in African oil specifically the opportunities in the sedimentary basin. CEO of Global Pacific and Partners, Duncan Clarke, who addressed the...

Over the past few years, North Dakota has been the United State’s biggest supplier of oil thanks to a huge discovery in the area from Montana, Manitoba, and Saskatchewan. This area has provided tons of oil jobs so far in the Bakken Formation, and with the new oil pipeline that has just been approved by the US State Department, this is definitely the place to be if you want to join the oil and gas industry. The new pipeline is being built by Enbridge Energy and will run along an existing pipeline right of way. This Alberta Clipper Pipeline will have the ability to transport about 450 thousand barrels of oil per day, in addition to the 1.6 million that it already moves along the same route from Neche, through Northwestern Minnesota, and Clearbrook. This pipeline is to be built along 326 mi...

With the eruptions from the Redoubt Volcano subsiding, the Cook Inlet’s oil production is set to restart in the coming week. Oil Company, Chevron is hoping that the Trading Bay and Granite Point oil fields will be opened and they are already restarting the on shore oil loading terminal. This oil facility was producing about 7500 barrels of oil per day, but this figure is expected to drop as the oil production resumes slowly over the week, due to the slight deterioration in the old reservoirs over the 4 month closure. This Alaskan oil field was closed on the 22 March this year when Redoubt, a 10, 197 foot volcano started erupting. The Drift River terminal, located at the foot of the volcano, was shut down due to mud slides, billowing ash and rock showers, as well as flooding. This forced ...

For years West Africa has been in the midst of various civil wars, making it an undesirable place for oil companies. Due to the recent calm political climate and the discovery of 1.8 million barrels of oil in Ghana and surrounding countries, international oil and gas companies are taking notice. Thanks to the Vancouver based Gold Star Resources who is involved in a large portion of the on shore project, along with the US President, Barrack Obama’s foreign policy, the African continent is becoming more and more popular for overseas oil and gas exploration, therefore opening up many more job opportunity in the oil industry. The African countries like Liberia are also promoting these hydrocarbon reserves to companies around the world. For junior companies like Gold Star it is a big step, be...

Things are looking up for the oil industry and it seems as though the oil job market is stabilizing according to the latest Brent Crude and U.S Crude oil prices. Thursday the 4th June 2009, saw the oil price rise to a new high of almost $68 a barrel, which came in the wake of a United States Unemployment Data analysis, which showed that less people are filing claims for unemployment benefits. There is an increased demand for oil, and the higher prices were also supported by the forecasts of the Goldman Sachs U.S investment bank for $85 per barrel towards the end of 2009 and the introduction of a 2010 end of year forecast of $95 per barrel. The U.S Crude oil price rose by $1.50 per barrel, while the London Brent Crude rose by $1.68 per barrel, just before 2pm (GMT). This resurgence in the o...

According to the recent US stock market results, there has been a dramatic boost in the economic standings for many sectors including retail, gold, real estate, and oil. Since the 9th March 2009, various stocks have risen from 1 percent to over 50 percent, leading strategists to believe that the worst economic crisis since the Great Depression of 1929 is slowly coming to an end. The snowball effect that one industry’s markets have will cause the rest to follow suit. The construction and real estate industry saw a 3.2 percent increase, which allowed the crude oil to follow with a 5 month high increase. The estimated price per barrel for oil in June will have risen from $1.27 since November 2008 to $54.47 per barrel. This substantial increase in the price of oil will have an extremely posi...

The Canadian oil industry has been affected by dropping oil prices, but Energy Minister, Mel Knight along with Canada’s government has ensured that jobs in oil and gas are safe due to a $1.2 billion boost into the Alberta sector. This is considered a short term response to the global economic crisis and is also not to be seen as a “gift” to bail out the oil companies. The Alberta oil workers are only given credit when they earn it. These incentives include a low 5 percent royalty on any new oil and gas wells that are discovered, and a royalty credit for every meter of drilled well. This royalty and credit program is designed to cushion the impact for small oil companies who will end up owing less than half the royalties, and it will mean that large oil companies are limited to 10 per...