Temporary work for Offshore Rigs
According to figures released by Exxon, even during the height of the recession the price of oil still hovered at around $60 per barrel. The figures also
show that as the global economy begins its slow recovery, the price of oil has lead the way in economic stability by achieving greater prices; already it
is hitting an average of $70 per barrel. Oil has always been a great barometer of the world's financial health and it also points to new opportunities for
those looking for offshore jobs, either on a temporary basis or more permanently.
High Prices Make for Bright Prospects
The price of oil is a major influence on the possibilities for those looking for an offshore job. During the recession, the oil industry reacted by freezing
the wages of those in offshore drilling jobs and other offshore oil jobs, rather than opting for redundancies. The result was that, as global recovery
began to take hold, the industry was in a strong position to return to work and optimize its profitability. Additionally various governments, including the
US, offered tax breaks and other financial incentives to kick start the industry into operation. Also to be taken into account is the fact that, in order to
keep up with consumer demand, further oil fields are being sought and discovered. This helps to keep the price of oil at a price that is good for both
the oil industry and the global economy and opens the door for those looking for offshore drilling jobs and other associated work such as offshore gas
jobs. It seems that even in the face of economic disaster, the oil and gas industry is virtually bullet-proof.
Because of the factors involved in re-establishing the oil industry after the recession, the prospects for those looking offshore oil jobs are at an all-time
high. The need to find and process new oil fields has caused a sudden surge in vacancies for roustabouts and other temporary offshore oil jobs.
Companies such as Exxon and BP have secured new oil fields in Brazil and Mexico, c