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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, [210] sometimes referred to as in-house offshore. [211] Offshore outsourcing – combines outsourcing and offshoring; is the practice of hiring an external organization that is in another country to perform a business function ...
The Lun-A (Lunskoye-A) platform, located off the north eastern coast of Sakhalin Island and is a concrete gravity base substructure (CGBS).. An oil platform (also called an oil rig, offshore platform, oil production platform, etc.) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed.
Derrickhand. A derrickhand or derrickman is the person who sits atop the derrick on a drilling rig. [1] Though the exact duties vary from rig to rig, they almost always report directly to the driller. [2] Their job is to guide the stands of the drill pipe into the fingers at the top of the derrick. Other duties might include monitoring pH and ...
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 offshore installation manager (OIM) is the most senior manager of an offshore platform operating on the UKCS. Many offshore operators have adopted this UK offshore management model and title and applied it to their operations in all global regions irrespective of the local regulations in force. In the United Kingdom, the individual must be ...
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