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Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. [1] More recently, technical and administrative services have ...
If the offshore workplace is a foreign subsidiary, owned by the company, then the offshore operation is a § captive, [213] sometimes referred to as in-house offshore. [214] Offshore outsourcing – combines outsourcing and offshoring; is the practice of hiring an external organization that is in another country to perform a business function ...
Offshore drilling. Holstein, an oil drilling platform at Green Canyon in the Gulf of Mexico, approximately 100 miles from land. Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the ...
The Electro-Technical Officer (ETO) is a licensed member of the engine department of a merchant ship as per Section A-III/6 of the STCW Code. [1] An ETO monitoring sensors and alarm systems. The Marine Electrical Engineer is a vital positions in the technical hierarchy of a ship and is constrained by their assigned work under the Chief Engineer ...
Valaris Limited. DS-6 Drillship taking on fuel bunkers in Walvis Bay, Namibia during the transit to Angola and start of a contract with BP. Valaris Limited (previously ENSCO-Rowan plc) is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in ...
Pumper: A worker whose job is to monitor and maintain active oil and gas wells. Rat hole: A hole on the drilling rig floor used to store the kelly and swivel. Roughneck: an honor reserved for the top tier members of a drilling crew. Sidetrack: A planned deviation from a previously drilled section of the wellbore.