Sentence examples for offshore contract from inspiring English sources
[Page C9.] High-Skill Work Also Goes Offshore Contract documents between Microsoft and companies in India show that highly skilled technology workers are not immune to offshore outsourcing.
His fund owns Transocean, which provides offshore contract drilling services for oil and gas wells worldwide.
That's what happened on December 2 with Switzerland-based Transocean, the world's largest offshore contract driller for oil and gas wells.
Transocean Ltd. The international provider of offshore contract drilling services for oil and gas wells attracted bearish options traders during the session despite the more than 2.9% increase in the value of its shares to $88.91 Thursday.
Transocean Ltd. : Investors in the international provider of offshore contract drilling services for oil and gas wells continue to suffer following the tragic events of April 20 when the Deepwater Horizon rig exploded and sank in the Gulf of Mexico.
Its offshore contract drilling operations include exploration, development and production of oil and natural gas, as well as the provision of offshore drilling services to the international oil and gas industry.
Years of layoffs, wage stagnation, outsourcing and now offshore contracting have made people skeptical.
Saipem has secured new engineering and construction (E&C) offshore contracts worth US$1.1 billion in Brazil, Angola and the Caspian Sea.
Favourable offshore contracts yield about 20% profit to oil companies on every barrel, compared to only around $3 on an onshore barrel under a formula that is less affected by high oil prices.
Seeing examples like Mr. Marx, many technology workers have become increasingly concerned and angry about offshore contracts, which can cause certain jobs or whole departments to be moved to countries like India and China, where technology workers are paid lower wages.
But another amendment, due to be taken up today, would require the US government to consider an oil company's safety record before awarding offshore contracts rather than choose the highest bidder.
