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divinejhonson · 3 months ago

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Secure Your Dream Job in Azerbaijan: Pakistan’s Most Trusted Recruitment Agency

Introduction

In today’s global economy, more professionals are seeking opportunities beyond their home countries to expand their careers. Azerbaijan, a nation rich in natural resources and economic potential, is becoming an attractive destination for skilled professionals from Pakistan. However, finding the right job in a foreign country can be challenging. That’s where Falisha Manpower, recognized as the Best Recruitment Agency in Pakistan, comes in. This article explores how Falisha Manpower can help you secure your dream job in Azerbaijan and why they are considered the best in the industry.

Why Choose Azerbaijan for Your Career?

Azerbaijan, located at the crossroads of Eastern Europe and Western Asia, has emerged as a dynamic and rapidly growing economy. The country’s rich oil and gas reserves have fueled its development, making it a hub for various industries including energy, construction, finance, and telecommunications. With its strategic location, Azerbaijan serves as a gateway between Europe and Asia, attracting multinational companies and fostering a thriving business environment.

For Pakistani professionals, Azerbaijan offers a wealth of career opportunities. The country’s booming industries are in constant need of skilled workers, particularly in engineering, IT, finance, and healthcare. Moreover, Azerbaijan’s favorable business climate, coupled with its rich cultural heritage and scenic landscapes, makes it an appealing destination for those looking to build a successful and fulfilling career abroad.

The Role of Falisha Manpower in Your Job Search

When it comes to securing a job in Azerbaijan, partnering with a reputable recruitment agency is crucial. Falisha Manpower has established itself as the Best Recruitment Agency for Azerbaijan in Pakistan, thanks to its extensive experience, deep industry knowledge, and commitment to helping professionals achieve their career goals.

Comprehensive Job Matching Services

One of the key strengths of Falisha Manpower is its ability to match candidates with the right employers. The agency works closely with job seekers to understand their skills, experience, and career aspirations. Using this information, Falisha Manpower identifies job opportunities in Azerbaijan that align with the candidate’s qualifications and preferences.

Whether you are a seasoned professional or just starting your career, Falisha Manpower’s extensive network of Azerbaijani employers ensures that you have access to a wide range of job openings. The agency specializes in various sectors, including engineering, finance, IT, healthcare, and more, providing you with opportunities that suit your expertise.

Personalized Career Guidance

Falisha Manpower goes beyond just matching you with job opportunities; the agency provides personalized career guidance to help you succeed in your chosen field. From resume building and interview preparation to salary negotiation and contract review, Falisha Manpower offers comprehensive support at every stage of the recruitment process.

The agency’s recruitment specialists are well-versed in the Azerbaijani job market and can provide valuable insights into industry trends, employer expectations, and cultural nuances. This guidance is crucial in helping you make informed decisions and stand out in a competitive job market.

Visa and Relocation Assistance

Securing a job in Azerbaijan involves more than just finding the right position. It also requires navigating the complexities of visa applications, work permits, and relocation logistics. Falisha Manpower provides end-to-end support in these areas, ensuring a smooth transition to your new role in Azerbaijan.

The agency assists with the preparation and submission of visa applications, ensuring that all necessary documentation is in order. Additionally, Falisha Manpower offers advice on relocation, including finding accommodation, understanding local laws, and settling into your new environment. This comprehensive support allows you to focus on your career without the stress of managing the administrative aspects of moving to a new country.

Cultural Integration and Language Support

Moving to a new country also means adapting to a different culture and possibly learning a new language. Falisha Manpower recognizes the importance of cultural integration and provides resources to help you adjust to life in Azerbaijan. From cultural orientation sessions to language training programs, the agency ensures that you are well-prepared to thrive in your new environment.

By offering language support, particularly in Azerbaijani or Russian (widely spoken in Azerbaijan), Falisha Manpower enhances your ability to communicate effectively in the workplace and integrate seamlessly into the local community. This level of preparation not only boosts your confidence but also increases your chances of success in your new role.

Why Falisha Manpower is the Best Recruitment Agency in Pakistan

Falisha Manpower’s reputation as the Best Recruitment Agency in Pakistan is built on its unwavering commitment to excellence, integrity, and client satisfaction. The agency’s success in placing thousands of Pakistani professionals in jobs abroad, including in Azerbaijan, is a testament to its expertise and dedication.

Ethical Recruitment Practices

Falisha Manpower operates with the highest ethical standards, ensuring transparency and fairness throughout the recruitment process. The agency is committed to providing honest advice and maintaining open communication with both job seekers and employers. This ethical approach has earned Falisha Manpower the trust and respect of its clients, making it the go-to recruitment agency for Pakistani professionals.

Extensive Industry Expertise

With years of experience in the recruitment industry, Falisha Manpower has developed deep expertise in various sectors, including those in high demand in Azerbaijan. The agency’s recruitment specialists are knowledgeable about industry-specific requirements and are skilled at identifying the best candidates for each role. This expertise allows Falisha Manpower to deliver superior recruitment solutions that meet the needs of both job seekers and employers.

Customized Recruitment Solutions

Falisha Manpower understands that every job seeker is unique, with specific career goals and preferences. The agency offers customized recruitment solutions tailored to your individual needs. Whether you are looking for a long-term position or a short-term contract, Falisha Manpower works diligently to find opportunities that match your criteria.

Moreover, the agency’s strong relationships with employers in Azerbaijan mean that you’ll have access to exclusive job openings that may not be advertised elsewhere. This gives you a competitive edge in your job search and increases your chances of landing your dream job.

Ongoing Support and Career Development

Falisha Manpower’s commitment to your success doesn’t end once you’ve secured a job. The agency provides ongoing support throughout your employment, helping you navigate any challenges that may arise. Whether you need advice on workplace issues, assistance with contract renewals, or guidance on career advancement, Falisha Manpower is there to support you every step of the way.

The agency also offers opportunities for career development, such as training programs and workshops, to help you enhance your skills and stay competitive in the job market. By investing in your professional growth, Falisha Manpower ensures that you have the tools and knowledge needed to succeed in your chosen career path.

Conclusion

If you’re a Pakistani professional looking to build a successful career in Azerbaijan, Falisha Manpower is your trusted partner. As the Best Recruitment Agency in Pakistan, Falisha Manpower offers comprehensive recruitment services that are tailored to your needs. From job matching and interview preparation to visa processing and cultural integration, the agency provides all the support you need to secure your dream job in Azerbaijan.

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mubashirnews · 2 years ago

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Azerbaijani oil prices fluctuate - Trend.Az

BAKU, Azerbaijan, February 21. The price of Azeri LT CIF Augusta totaled $85.19 per barrel on February 20, decreasing by 15 cents compared to the previous price, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan amounted to $83.36 per barrel, also down by 15 cents as compared to the previous price. Azerbaijan also sells its URALS oil…

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santhoshreddy · 4 years ago

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The Azerbaijan report analyses the impact of COVID-19 on the oil and gas sector and provides analysis on upstream exploration, upstream oil production, upstream gas production, gas consumption, and oil and gas trade. The report identifies the major upstream projects and tracks the key recent developments in the market.

#Azerbaijan Oil and Gas Market trend #Azerbaijan Oil and Gas Market analysis #Azerbaijan Oil and Gas Market forceast #Azerbaijan Oil and Gas Market share

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sandlerresearch · 4 years ago

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Construction in Azerbaijan - Key Trends and Opportunities to 2025 published on

https://www.sandlerresearch.org/construction-in-azerbaijan-key-trends-and-opportunities-to-2025.html

Construction in Azerbaijan - Key Trends and Opportunities to 2025

Construction in Azerbaijan – Key Trends and Opportunities to 2025

Summary

The dual shock of the Coronavirus (COVID-19) outbreak and the collapse in oil prices is expected to further exacerbate the weakness in Azerbaijan’s construction industry, with output estimated to have shrunk by 15.2% in real terms in 2020 – down from annual declines of 6.1% in 2019 and 8.8% in 2018.

According to the State Statistical Committee of the Republic of Azerbaijan, the country’s value-add fell by 9.6% year on year (YoY) in the first three quarters of 2020. Although the industry fell moderately in Q3 2020, compared to the previous quarter, output in the final quarter of the year is expected to have been severely affected due to the economic uncertainty caused by the 44-day battle between Armenia and Azerbaijan, which started in late September 2020 over the disputed region of Nagorno-Karabakh. In addition to this, in late December 2020, the government imposed a strict lockdown in all of its major cities between mid-December 2020 and mid-January 2021, owing to an upsurge in new COVID-19 infections. The oil and gas-dependent economy has been hit hard by a fall in oil production and demand amid the pandemic, with oil production falling by 7.6% YoY and oil exports by 8.8% YoY in the first eleven months of 2020, according to the Ministry of Energy. These factors are expected to weigh on investor confidence, thereby holding back investments in the short term. In addition, the fall in oil exports will put a strain on government finances, thereby impacting public spending on infrastructure projects. On a positive note, gas production and exports have demonstrated more resilience, with production and exports expanding by 4.7% and 14% respectively, in Y-o-Y terms, in the first eleven months of 2020.

Owing to the lower base in 2020, GlobalData expects construction activity to rebound and grow by 9.1% in 2021, and then stabilize to register annual growth in the range of 4.2-4.5% between 2022-2025, supported by investments on overall infrastructure to rebuild the recently-liberated regions, following the Armenia-Azerbaijan disputes. In the 2021 budget, which was approved in December 2020, the government allocated AZN2.2 billion (US$1.3 billion) for the restoration and reconstruction of the liberated territories. Previously, in October 2020, the Azerbaijani State Agency of the Roads also said that it will repair or rebuild 2,661km of roads released from Armenia’s occupation. The country’s construction industry will also be supported by investments in the oil and gas and renewable energy sectors. The government expects to invest AZN24.7 billion (US$14.5 billion) in the oil and gas sector between 2021-2024. In addition, it aims to increase the total share of renewable energy in the electricity mix to 30% over the next ten years. The government’s plan to strengthen its non-oil sectors through an increase in Foreign Direct Investment (FDI) will also attract investments in the infrastructure and industrial sectors in the short and medium term. The government plans to increase the share of non-oil FDI from 2.6% of GDP in 2017 to 4% by 2025.

This report provides detailed market analysis, information, and insights into Azerbaijan’s construction industry, including – – Azerbaijan’s construction industry’s growth prospects by market, project type and construction activity – Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Azerbaijan’s construction industry – Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Azerbaijan. It provides – – Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Azerbaijan, featuring details of key growth drivers. – Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector – Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. – Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

– Identify and evaluate market opportunities using GlobalData’s standardized valuation and forecasting methodologies. – Assess market growth potential at a micro-level with over 600 time-series data forecasts. – Understand the latest industry and market trends. – Formulate and validate strategy using GlobalData’s critical and actionable insight. – Assess business risks, including cost, regulatory and competitive pressures. – Evaluate competitive risk and success factors.

#construction

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gadverahul · 3 years ago

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Drilling Services Market Top Companies Data 2021, Industry Share, Demand and Revenue Growth Opportunities

The global drilling services market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Drilling Services Market Size, Share & COVID-19 Impact Analysis, By Service (Directional Drilling {Measurement While Drilling, Logging While Drilling, Rotary Steerable System, Gyro Drilling, Magnetic Drilling, and Others} and Non-Directional Drilling), By Application (Onshore and Offshore {Shallow Water, Deepwater, and Ultra-Deepwater}), By End-User (Oil & Gas, Mining, Water Exploration, and Others), and Regional Forecast, 2020-2027". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other drilling services market trends. The report is available for sale on the company website.

List of Key Companies Covered in this Drilling Services Market Report:Sumitomo Precision Products Co (Japan)

Siemens (Germany)

DV8 Technology Ltd. (UK)

REFLEX NOW (Australia)

Motive Drilling Technologies (U.S.)

Kearfott Corporation (US)

ION Geophysical (U.S.)

Zupt, LLC (U.S.)

KLX Energy Services (U.S.)

Welltec (Denmark)

International Drilling Services LLC (Oman)

Boart Longyear (U.S.)

The Weir Group PLC (UK)

AlMansoori Specialized Engineering (United Arab Emirates)

Leam Drilling Systems LLC (U.S.)

Petrofac (UK)

Superior Energy Services (U.S.)

VES Survey International (U.S.)

Unitech Drilling Company Limited (Nigeria)

Compass Directional Guidance, Inc. (U.S.)

Oceaneering (U.S.)

TechnipFMC (UK)

Halliburton (US)

Inertial Sensing One AB (Sweden)

Axis Mining Technology (Australia)

Devico AS (Norway)

Stockholm Precision Tools AB (SPT) (Sweden)

Gyrodata (US)

Emerson (U.S.)

Schneider Electric (France)

Erdos Miller (U.S.)

Oliden Technology (U.S.)

Gyro Australia (Australia)

Phoenix Technology Services (Canada)

Center Drill Inc. (U.S.)

Gyro Drilling (Netherlands)

JAE (Japan)

Radial Drilling Services, Inc. (U.S.)

Integra (Russia)

JINDAL DRILLING & INDUSTRIES LTD. (India)

NewTech Services (Russia)

NOV (U.S.)

Huracan Pty Ltd. (Australia)

Baker Hughes (U.S.)

Archer - the well company (Norway)

DIDRILLSA LTDA (Colombia)

Drill Tech Solution (Azerbaijan)

China Oilfield Services Limited (China)

AnTech (UK)

Weatherford (Switzerland)

Nabors Industries (U.S.)

Scientific Drilling (U.S.)

Brownline (Netherlands)

Icefield Tools Corporation (Canada)

Schlumberger (U.S.)

Regional Insights

Increasing Oil Production in the US to Aid the North America Market Growth

North America is expected to dominate the drilling services market share during the forecast period owing to the rising production level of oil & gas in the US and Canada. Moreover, drilling technologies are being extensively employed in the US to discover shale gas reserves, which will put the US at the forefront of the hydrocarbon industry. In 2019, the North America market size stood at USD 4.93 billion.

In Asia Pacific, the Drilling Services Market is anticipated to experience prolific growth on account of the abundant availability of mineral and metal reserves spread across the region, which will stoke the demand for drilling services. On the other hand, the market in the Middle East & Africa is likely to undergo speedy expansion due to the rich presence of oil reserves in this region.

Regional Analysis for Drilling Services Market:

North America (the USA and Canada)

Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

Latin America (Brazil, Mexico and Rest of Latin America)

Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Contents for Drilling Services Market:

Introduction

Executive Summary

Market Dynamics

Key Drilling Services Market Insights

Global Market Analysis, Insights and Forecast, 2015-2026

North America Market Analysis, Insights and Forecast, 2015-2026

Europe Market Analysis, Insights and Forecast, 2015-2026

Asia Pacific Market Analysis, Insights and Forecast, 2015-2026

The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026

Latin America Market Analysis, Insights and Forecast, 2015-2026

Competitive Landscape

Global Drilling Services Market Revenue Share Analysis, By Key Players, 2020

Company Profiles

Conclusion

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact: Name: Ashwin Arora Email: [email protected] Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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wiseguyreportresearch · 4 years ago

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Global Well Intervention Market Statistics, CAGR, Outlook, and Covid-19 Impact 2026

Global Well Intervention Market is valued approximately USD 6.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.5 % over the forecast period 2020-2027. A well intervention is remedial operation performed on oil or gas wells with the concern of restoring or increasing the production. Earlier, it was traditionally done with drill rigs, but with significant advancements in technologies, construction and head designs have transformed. The number of unforeseen problems such as changes in reservoir characteristics, flow restrictions, mechanical failure, and others may occur in Oil or Gas well, which results the need of well intervention. Various oil & gas companies across regions shut down their producing assets and services as countries practiced partial or full lockdown strategy to deal with the COVID-19 pandemic. Thus, the global well intervention market is facing challenges due to corona virus crisis. The increasing efforts for production enhancement from maturing oil & gas fields, continuous shale developments, stabilized oil prices expediting upstream capital investments and rising primary energy consumption from Asia Pacific are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 10th February 2020, SOCAR-AQS and Halliburton Company agreed a Memorandum of Understanding (MOU) to form a new joint venture. This venture will provide a broad suite of oilfield products and services in Azerbaijan., which further strengthens the position of Halliburton company in oilfield services. However, strict government regulations on E&P activities and decreasing oil demand in Europe are the major factors restraining the growth of the global Well Intervention market during the forecast period.

ALSO READ : https://www.einpresswire.com/article/526548693/global-well-intervention-market-2020-industry-analysis-share-growth-sales-trends-supply-forecast-2027

The regional analysis of global Well Intervention market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the growth in unconventional resources in the US and Canada. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

ALSO READ : https://industrytoday.co.uk/it/research-and-development-spending-in-the-robotics-industry-market-2018–future-growth-drivers—opportunities

Major market player included in this report are: Halliburton Schlumberger Baker Hughes Company Weatherford NexTier Oilfield Solutions Superior Energy Services Archer Expro Group Trican Pioneer Energy Services

ALSO READ : http://www.marketwatch.com/story/global-malware-analysis-market-2021-key-players-emerging-trends-industry-share-size-growth-opportunities-regional-segmentation-and-forecast-till-2026-2021-01-11

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ALSO READ : http://www.marketwatch.com/story/global-automotive-blockchain-market-2020-share-trend-segmentation-and-forecast-to-2026-2021-01-11

by Service: Logging & Bottomhole survey Tubing/Packer failure & repair Stimulation Sand Control Zonal Isolation Artificial Lift Fishing Re-perforation Others

By Intervention Type: Light Intervention Medium Intervention Heavy Intervention

By Application: Onshore Offshore

By Well Type: Vertical Well Horizontal Well

By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE

Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018 Base year – 2019 Forecast period – 2020 to 2027

Target Audience of the Global Well Intervention Market in Market Study:

Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

ALSO READ : http://www.marketwatch.com/story/image-analysis-software-market-report-2021-2027-by-technology-future-trends-opportunities-top-key-players-and-more-2021-01-05

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amshrihari · 4 years ago

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DISTRIBUTED ACOUSTIC SENSING MARKET ANALYSIS

Distributed Acoustic Sensing (DAS) Market, By Application (Oilfield Services, Pipeline Management, Security & Surveillance and Transport) by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Market Insight- Global Distributed Acoustic Sensing (DAS) Market

Market Overview

Distributed acoustic sensing is a technology that facilitates real-time monitoring of pipelines and wells, in order to provide vital information to customers in various challenging circumstances. The basic principle of working of DAS us Rayleigh scattering and is used to determine acoustic strain signals over long distances. This virtually and effectively turns optic fiber into a series of microphones. Thereafter, the data is acquired advanced processing techniques such as frequency filtering, time and depth domain stacking, are employed to obtain information for a wide variety of applications. Distributed acoustic sensing finds applications in monitoring of pipelines as well as railroads, highways, and borders.

The global distributed acoustic sensing (DAS) market was valued for US$ 624.3 Mn in 2019.

Market Dynamics- Drivers

Growing demand for energy worldwide is expected to increase the adoption of DAS and drive growth of the global distributed acoustic sensing (DAS) market during the forecast period

According to the International Energy Agency Forecast, by 2030 end, global energy demand is expected to increase by 50%. This increasing energy demand is necessitating the need to access new hydrocarbon resources. Currently, production and transportation of energy is taking place in highly complicated conditions such as ultra-deepwater operation, soil instabilities, increasing tectonic activity, human intrusion risks, no adverse impact on fisheries and terrestrial fauna, need for real-time complex LNG assets control and high temperatures employed in steam enhanced heavy oil recovery methods. Furthermore, DAS has emerged as a cost-efficient and versatile technique to monitor the mechanical health of large structures and perform efficient damage assessment, which is obligatory, in order to optimize energy production and transfer. Hence, these factors are expected to boost the market growth over the forecast period.

High capabilities of DAS sensors to withstand critical environmental conditions are expected to propel the global distributed acoustic sensing (DAS) market growth over the forecast period

Distributed acoustic sensors can detect changes at number of intervals over long distances, which is suitable for functions that include remote places and harsh environments. Such conditions are quite common in petroleum industry and oilfield applications. Furthermore, DAS sensors are increasingly being adopted in number of companies to determine the flow characteristics and associated physical properties inside pipe and near the wellbore. This high adoption is due to confluence of technological advancements in the upstream industry, which have enhanced durability and reliability of downhole fiber-optics systems. Furthermore, technological developments in material science industry such as advancements in glass chemistry yielding strong fiber cables and improvements in computer processing speed and better algorithms making data interpretation easier and faster, are expected to support the global distributed acoustic sensing (DAS) market growth in the near future.

Source: Coherent Market Insights

Middle East & Africa region dominated the global distributed acoustic sensing (DAS) market in 2019, accounting for 39.5% share in terms of value, followed by North America, Europe, Asia Pacific and Latin America, respectively

Market Dynamics- Restraints

Constantly depreciating oil prices is expected to restrain growth of the global distributed acoustic sensing (DAS) market

The oil & gas industry has been using distributed optic fiber sensing for a long time for monitoring temperature and pressure. Growing demand for sensing in critical environments and consequent development of robust optic fiber technology has significantly benefited the oil & gas industry. Moreover, these sensing systems provide various benefits throughout the life of well, i.e. from exploration to drilling and completion, and production and reservoir management. However, the recent past has witness negative impact of adoption of distributed optical fiber sensing technology on oil prices. This decline in oil process is owing to rise in oil production and sluggish consumer demand combined with oversupply leading petroleum exporting countries. For instance, the U.S. has doubled its domestic oil production, Saudi Arabia oil companies are competing in Asian markets, oil exports from Canada and Iraq are also rising, and Russia is continuously pumping oil despite the economic crisis in the country.

Low signal-to-noise ratio of DAS sensors is expected to hinder the global distributed sensing (DAS) market growth over the forecast period

The major challenge during the implementation of DAS sensors is the data acquired from DAS has more noise as compared to traditional sensing technologies such as geophones. This noise is generated by interrogator unit, while the time variant optical noise occurs equally on all receivers and the spike-like noise. This noise makes the calibration of devices difficult and detection of weak signals, especially in cases of microseismic applications, is a challenge. Furthermore, in order to ease the limitations associated with removing the time variant noise generated from temperature fluctuations in the well and optical noise, technologies such as median filter, band-pass filter, and stacking of multiple fiber measurements have been developed.

Market Opportunities

Growing adoption in energy and power sector to present lucrative business opportunity

DAS technology can be used in power and energy sector to provide additional capabilities in terms of security and reliability. DAS is vital technology for power and energy sectors as they considered as assets of critical national security. Innovative features such as inherent reliability and passive nature of fiber optic based acoustic sensing is expected to offer a significant platform for this technology in various applications. These include effective intervention and intrusion monitoring. For instance, the latest and the most advanced DAS technologies can be implemented through existing fiber optics infrastructure, making it suitable for retrofit applications.

Constant developments in offshore infrastructure are expected to pose lucrative business opportunity

Ongoing developments at offshore infrastructure are expected to boost the demand for of oil & gas industry along with growth of renewable energy regeneration in offshore locations. For instance, in June 2016, OptaSense along with its partner Optilan, obtained the combined leak detection and security contract from ABB for the delivery of the control infrastructure for the Trans-Anatolian Natural Gas Pipeline (TANAP) project. The 1,850km long TANAP natural gas pipeline runs from Azerbaijan through Georgia and Turkey to Europe. The project is expected to mark a significant turning point in the adoption of fiber sensing technologies globally, with delivery of security and leak detection from a single fiber system.

Source: Coherent Market Insights

Global Distributed Acoustic Sensing (DAS) Market was valued at US$ 624.3 Mn in 2019 and is forecast to reach a value of US$ 3065.3 Mn by 2027 at a CAGR of 22.0% between 2019 and 2027

Market Trends

Implementation of DAS in various industry verticals other than oil & gas industry

DAS has been used in oil & gas industry for a long time though owing to various developments and improvisations in DAS technology has enabled its implementation in other industry verticals as well. DAS systems can detect and identify changes and vibrations related to animal movements, structural changes, tires, and footsteps. For instance, in January 2016, Bandweaver, which is a manufacturer of advanced fiber optic monitoring sensors and integrated technologies, introduced Horizon DAS. This product is specialized for Third Party Intrusion (TPI) detection for a range of linear assets ranging from power cables to pipelines.

Focus on tackling challenges related to volume of data

Growing efforts to effectively address data management challenges related to DAS is one of the major trend in the market. DAS solutions generate a large amount of data in a short period of time, which in turn, creates challenges for the companies to store. For instance, during a typical hydraulic fracturing monitoring operation, a DAS system can generate data up to 5 TB per day, or 1 TB an hour with ultrasensitive systems.

Segment information:

In Global Distributed Acoustic Sensing (DAS) Market, by Application segment, the Oilfield Services sub-segment dominated the global market in 2019, accounting for 60.6% share in terms of value, followed by Pipeline Management, Security & Surveillance, and Transport Services, respectively.

Source: Coherent Market Insights

Value Chain Analysis

Competitive Section

Key players operating in the global distributed acoustic sensing (DAS) market are Halliburton Co., Hifi Engineering Inc., Silixa Ltd., Schlumberger Limited, Banweaver, Omnisens SA, Future Fibre Technologies Ltd., Baker Hughes, Inc., Qintiq Group PLC, and Fotech Solutions Ltd.

Key Developments

Key companies in the market are focused on signing agreements, in order to enhance their market presence. For instance, in January 2017, Halliburton Co. entered into a technology cooperation agreement with Petrobras, which is a multinational corporation in the petroleum industry based in Brazil. This multi-year agreement aims to develop innovative solutions in geophysics, drilling and completions, reservoir characterization, well testing, flow assurance, and production.

Major market players are involved in product launch, in order to expand their product portfolios. For instance, in March 2017, Schlumberger launched Lift IQ production life cycle management service, which offers monitoring, diagnostics, and optimization of artificial lift systems in real-time. This new service securely collects, transmits, evaluates, and interprets data from customer wells to improve production efficiency, extend equipment run life, and reduce operating costs. With this development, the company aims to use real-time data to improve equipment life and uptime, as well as to adjust drawdown for maximum field recovery for productive life of the well.

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.

What we provide:

Customized Market Research Services

Industry Analysis Services

Business Consulting Services

Market Intelligence Services

Long term Engagement Model

Country Specific Analysis

Mr. Shah

Coherent Market Insights Pvt. Ltd.

Address: 1001 4th ave, #3200 Seattle, WA 98154, U.S.

Phone: +1-206-701-6702

Email:

[email protected]

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divinejhonson · 3 months ago

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Achieve Your Career Goals in Azerbaijan with the Best Recruitment Agency in Pakistan

Introduction

In an increasingly globalized world, the opportunities to work abroad are more accessible than ever before. For many professionals in Pakistan, Azerbaijan represents a land of promising prospects, offering a blend of cultural richness, economic growth, and career advancement. However, navigating the job market in a foreign country can be daunting, especially when you are unfamiliar with the local industry dynamics, legal requirements, and employment practices. This is where the expertise of a top-tier recruitment agency becomes invaluable.

At Falisha Manpower, we pride ourselves on being the Best Recruitment Agency In Pakistan For Azerbaijan , specializing in connecting talented professionals with employers in Azerbaijan. Whether you are an experienced professional or a fresh graduate, our agency is committed to helping you achieve your career goals by securing the right job in Azerbaijan.

The Appeal of Working in Azerbaijan

Azerbaijan, located at the crossroads of Eastern Europe and Western Asia, is known for its vibrant culture, strategic economic location, and significant natural resources. The country has been experiencing rapid economic development, particularly in the oil and gas sector, which has created a multitude of job opportunities for skilled professionals. Additionally, Azerbaijan's expanding infrastructure, tourism, and service industries also offer lucrative employment options.

Working in Azerbaijan can provide Pakistani professionals with several advantages:

Competitive Salaries: Azerbaijan offers attractive remuneration packages, particularly in sectors like energy, construction, and finance.

Cultural Enrichment: As a melting pot of Eastern and Western influences, Azerbaijan provides a unique cultural experience that enriches both personal and professional life.

Strategic Location: Azerbaijan's location offers easy access to both European and Asian markets, making it an ideal hub for professionals looking to expand their career horizons.

Growing Economy: The consistent growth of Azerbaijan’s economy presents ample opportunities for career advancement in various fields.

Why Choose the Best Recruitment Agency in Pakistan?

Navigating the complexities of an international job market requires expertise, local knowledge, and a strong network of industry contacts. This is why partnering with the Best Recruitment Agency In Pakistan is crucial to your success. At Falisha Manpower, we offer a comprehensive range of services designed to simplify your job search and maximize your chances of securing a position in Azerbaijan.

Here’s why Falisha Manpower stands out:

1. Extensive Industry Knowledge

We possess deep knowledge of Azerbaijan’s job market, including the specific requirements and expectations of employers across various sectors. Our team of recruitment specialists stays updated on the latest industry trends and job openings, ensuring that we match candidates with roles that align with their skills, experience, and career aspirations.

2. Personalized Career Guidance

At Falisha Manpower, we understand that each candidate has unique strengths and career goals. Our personalized career guidance services include one-on-one consultations, resume optimization, interview preparation, and advice on industry-specific certifications. We work closely with you to develop a tailored job search strategy that enhances your employability in Azerbaijan.

3. Strong Employer Relationships

Over the years, we have built strong relationships with reputable employers in Azerbaijan. These connections give us access to exclusive job opportunities that are not always advertised publicly. Our clients trust us to provide them with top talent, which means that as a candidate, you have a competitive edge when applying through our agency.

4. Comprehensive Support Services

Moving to a new country involves more than just securing a job. At Falisha Manpower, we offer comprehensive support services, including assistance with visa applications, work permits, relocation logistics, and cultural orientation. Our goal is to make your transition to working in Azerbaijan as smooth and stress-free as possible.

5. Ethical Recruitment Practices

We are committed to maintaining the highest ethical standards in our recruitment practices. Our agency operates with transparency, integrity, and a focus on the best interests of both our candidates and clients. When you choose Falisha Manpower, you can be confident that you are working with a trustworthy partner who values your career success.

The Process of Securing a Job in Azerbaijan

Securing a job in Azerbaijan through Falisha Manpower involves a streamlined process designed to ensure the best outcomes for our candidates. Here’s an overview of how we help you achieve your career goals in Azerbaijan:

1. Initial Consultation

The first step is an initial consultation where we assess your career goals, skills, and preferences. During this stage, we also provide you with information about the job market in Azerbaijan, including potential opportunities in your field of expertise.

2. Resume and Profile Enhancement

Your resume and professional profile are crucial in making a strong first impression on potential employers. Our team assists you in crafting a compelling resume that highlights your strengths and aligns with the expectations of employers in Azerbaijan. We also offer guidance on optimizing your LinkedIn profile to increase visibility to recruiters.

3. Job Matching and Application

Once your profile is ready, we begin the process of matching you with suitable job openings. We leverage our network of employer relationships to present you with opportunities that align with your career objectives. We handle the application process on your behalf, ensuring that your application stands out to potential employers.

4. Interview Preparation

If your application is shortlisted, we provide you with comprehensive interview preparation. This includes mock interviews, feedback on your performance, and tips on how to effectively communicate your value proposition to employers in Azerbaijan. Our goal is to ensure that you are fully prepared to impress during your interview.

5. Offer and Negotiation

When you receive a job offer, our team assists you with the negotiation process to ensure that the terms and conditions are favorable. We provide guidance on salary negotiations, contract terms, and any other relevant aspects of the job offer.

6. Visa and Relocation Assistance

After accepting a job offer, we guide you through the visa and work permit application process. We also provide assistance with relocation logistics, including finding accommodation, understanding local customs, and settling into your new environment in Azerbaijan.

Why Azerbaijan is an Attractive Destination for Pakistani Professionals

Azerbaijan has become an increasingly popular destination for Pakistani professionals seeking international career opportunities. Here’s why:

1. Diverse Job Opportunities

Azerbaijan’s economy is diverse, offering opportunities in sectors such as oil and gas, construction, finance, IT, tourism, and healthcare. This diversity means that professionals from various fields can find rewarding careers in the country.

2. High Quality of Life

Azerbaijan offers a high quality of life with a blend of modern infrastructure and rich cultural heritage. The capital city, Baku, is known for its beautiful architecture, vibrant nightlife, and excellent public services, making it an attractive place to live and work.

3. Welcoming Expat Community

Azerbaijan has a growing expat community, and Pakistanis are well-regarded in the country. The local population is known for its hospitality, and there are numerous cultural and social events that help expatriates integrate into the community.

4. Strategic Location

Azerbaijan’s strategic location makes it a gateway to both European and Asian markets. Professionals working in Azerbaijan have the opportunity to engage with international business networks, enhancing their global career prospects.

Conclusion

Achieving your career goals in Azerbaijan is within reach when you partner with the Best Recruitment Agency In Pakistan. At Falisha Manpower, we are dedicated to helping you navigate the complexities of the Azerbaijani job market and secure a position that aligns with your aspirations. From personalized career guidance to comprehensive support services, we are here to make your transition to working in Azerbaijan as seamless as possible.

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bowsetter · 7 years ago

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Azerbaijan to Tax Crypto Incomes and Profits

Gains from cryptocurrency transactions will be taxed in Azerbaijan, according to a high-ranking official from the Tax Ministry. Authorities in the energy-rich nation intend to tap into both corporate profits and personal incomes. The country has previously taken a conservative stance on cryptocurrencies but the focus on taxation now signals a change in Baku.

Also read: Here’s Why Kazakhstan Won’t Ban Mining and Cryptocurrencies

Both Corporate and Private Incomes to Be Taxed

Revenues from crypto transactions are subject to taxation in Azerbaijan, said Nidjat Imanov, deputy-director of the Department of Tax Policy and Strategic Studies at the Ministry of Taxes. Imanov clarified his department’s position during the Financial and Investment Forum held in the capital Baku this Saturday, Trend news agency reported.

“Incomes from operations with cryptocurrencies will be taxed. Formally, this means – corporate profit tax for legal entities, and personal income tax for individuals,” the Tax Ministry’s representative stated. “If someone bought cryptocurrency and then sold it at a higher price, that amount must be reported as income and subjected to taxation,” Imanov explained.

The profits of all resident enterprises in Azerbaijan are taxed under the country’s tax code. Currently, the corporate profit tax rate stands at 20 percent. The personal income tax is progressive and money earned by residents both home and abroad is taxed by the government. Incomes of less than 2,500 AZN a month (~$1,500) are taxed at 14 percent, and 25 percent tax is imposed on the amount exceeding that limit.

Buying and Holding Bitcoin Still Works

The volume of cryptocurrency trading is growing in Azerbaijan and the state hopes to increase budget revenues through crypto taxation. Crypto markets registered rapid growth between May and December last year. “During that period, even small investments of $10 or so, in almost any cryptocurrency, were profitable,” Elnur Guliyev, founder and CEO of Crypto Consulting, told Trend. After a few weak months this year, the markets are gaining momentum again.

Guliyev warned, however, that markets are not booming every day and added that a certain set of skills is needed to predict which cryptocurrencies will rise. The obvious choice again, according to the expert, is to buy bitcoin and hold it until its value increases enough to justify selling it. “This option still works but it’s hard to say for how long,” Elnur Guliyev said.

Azerbaijan to Develop Crypto and Blockchain Technologies

The Eurasian country, rich in oil, gas, and other natural resources, has until recently maintained a relatively conservative stance towards cryptocurrencies. In December, the chairman of the Central Bank of Azerbaijan, Elman Rustamov, stated that cryptocurrencies “are not recognized as a legitimate means of payment.” He also insisted that cryptos “continue to be a dangerous instrument for investing”, stressing that comprehensive regulations should be adopted. Nevertheless, the crypto taxation talk in the executive branch of government now indicates that moods are changing in the corridors of power in Baku.

Earlier this month, representatives of the crypto sector set up a new association called “Center for the Study and Development of Cryptocurrency Markets and Blockchain Technologies.” Its main activities will be to conduct educational work, prepare regulatory proposals, and offer consulting services. The center will also focus on the implementation of blockchain technologies in the corporate and banking sectors and support projects funded through initial coin offerings. Its representatives will seek cooperation with foreign experts.

Do you owe tax on gains from cryptocurrency transactions in your country? Tell us in the comments section below.

Images courtesy of Shutterstock.

At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Azerbaijan to Tax Crypto Incomes and Profits appeared first on Bitcoin News.

READ MORE http://bit.ly/2wgZ4Rd

#cryptocurrency #cryptocurrency news #bitcoin #cryptocurrency market #crypto #blockchain #best cryptocurren

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jacobhinkley · 7 years ago

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Azerbaijan to Tax Crypto Incomes and Profits

Also read: Here’s Why Kazakhstan Won’t Ban Mining and Cryptocurrencies

Both Corporate and Private Incomes to Be Taxed

Buying and Holding Bitcoin Still Works

Azerbaijan to Develop Crypto and Blockchain Technologies

Do you owe tax on gains from cryptocurrency transactions in your country? Tell us in the comments section below.

Images courtesy of Shutterstock.

The post Azerbaijan to Tax Crypto Incomes and Profits appeared first on Bitcoin News.

Azerbaijan to Tax Crypto Incomes and Profits published first on https://medium.com/@smartoptions

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gadverahul · 4 years ago

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Drilling Services Market Top Companies Data 2021, Industry Share, Demand and Revenue Growth Opportunities

List of Key Companies Covered in this Drilling Services Market Report:

Sumitomo Precision Products Co (Japan)

Siemens (Germany)

DV8 Technology Ltd. (UK)

REFLEX NOW (Australia)

Motive Drilling Technologies (U.S.)

Kearfott Corporation (U.S.)

ION Geophysical (U.S.)

Zupt, LLC (U.S.)

KLX Energy Services (U.S.)

Welltec (Denmark)

International Drilling Services LLC (Oman)

Boart Longyear (U.S.)

The Weir Group PLC (UK)

AlMansoori Specialized Engineering (United Arab Emirates)

Leam Drilling Systems LLC (U.S.)

Petrofac (UK)

Superior Energy Services (U.S.)

VES Survey International (U.S.)

Unitech Drilling Company Limited (Nigeria)

Compass Directional Guidance, Inc. (U.S.)

Oceaneering (U.S.)

TechnipFMC (UK)

Halliburton (U.S.)

Inertial Sensing One AB (Sweden)

Axis Mining Technology (Australia)

Devico AS (Norway)

Stockholm Precision Tools AB (SPT) (Sweden)

Gyrodata (U.S.)

Emerson (U.S.)

Schneider Electric (France)

Erdos Miller (U.S.)

Oliden Technology (U.S.)

Gyro Australia (Australia)

Phoenix Technology Services (Canada)

Center Drill Inc. (U.S.)

Gyro Drilling (Netherlands)

JAE (Japan)

Radial Drilling Services, Inc. (U.S.)

Integra (Russia)

JINDAL DRILLING & INDUSTRIES LTD. (India)

NewTech Services (Russia)

NOV (U.S.)

Huracan Pty Ltd. (Australia)

Baker Hughes (U.S.)

Archer - the well company (Norway)

DIDRILLSA LTDA (Colombia)

Drill Tech Solution (Azerbaijan)

China Oilfield Services Limited (China)

AnTech (UK)

Weatherford (Switzerland)

Nabors Industries (U.S.)

Scientific Drilling (U.S.)

Brownline (Netherlands)

Icefield Tools Corporation (Canada)

Schlumberger (U.S.)

Regional Insights

Increasing Oil Production in the US to Aid the North America Market Growth

Regional Analysis for Drilling Services Market:

North America (the USA and Canada)

Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

Latin America (Brazil, Mexico and Rest of Latin America)

Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Contents for Drilling Services Market

Introduction

Executive Summary

Market Dynamics

Key Drilling Services Market Insights

Global Market Analysis, Insights and Forecast, 2015-2026

North America Market Analysis, Insights and Forecast, 2015-2026

Europe Market Analysis, Insights and Forecast, 2015-2026

Asia Pacific Market Analysis, Insights and Forecast, 2015-2026

The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026

Latin America Market Analysis, Insights and Forecast, 2015-2026

Competitive Landscape

Global Drilling Services Market Revenue Share Analysis, By Key Players, 2020

Company Profiles

Conclusion

About Us:

Contact: Name: Ashwin Arora Email: [email protected] Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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priyanka16me · 5 years ago

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Choke and Kill Manifold Market : Growth, Trends, Absolute Opportunity and Value Chain 2023

Demand for energy has increased over the years as countries seek to sustain the rate of their development activities. Increasing demand for energy is one of the major factors driving the global drilling activities and the demand for oil and gas equipment. Stringent government regulations resulting in imposition of heavy penalties on the oil and gas companies has resulted in a surge in demand for pressure control equipment and hence chokes and kills manifold systems. Surge in offshore drilling activities requiring drilling operations under high temperature and pressure conditions has further augmented the demand for pressure control equipment. Choke and kill manifolds are used to lower the pressure from wellhead and consist of a set of chokes and valves. These chokes can be fixed or adjusted.

Segmentation of the global chokes and kill manifold market can be done on the basis of site of drilling and geography. On the basis of site of drilling choke and kill manifold market can be segmented into both onshore and offshore choke and kill manifold market. Chokes and kill manifold assembly consists of high pressure valves, pressure sensors, chokes, spool spacers, buffer tanks and flanges. These equipments are assembled on blowout preventer units and assures the movement of drilling fluids from well into buffer tanks, measures pressure in annular space of the well head, collect and distribute well fluid.

Increasing drilling activities have augmented the demand for oil and gas pressure control equipment. Majority of the demand for such equipment arises from North America. Drilling activities in North America has increased over the years as exploration and production companies are looking for new shale gas and oil reserves. Such surges in drilling activities to explore shale gas and tar sands in North America is one of the major drivers augmenting the demand for pressure control equipments and hence chokes and kill manifolds. Demand for pressure control equipment in Europe is mainly driven by the E&P activities in the North Sea and the Commonwealth of Independent States (CIS) countries such as Russia, Azerbaijan and Kazakhstan. The Middle East is also expected to show a significant growth over the forecasted period due to the surge in drilling activities in the Saudi Arabia, Latin America and West Africa. Demand for such equipments has increased to support the oil and gas production in Angola, Nigeria, Brazil and Venezuela. Demand for choke and kill manifolds in Asia Pacific regional segment is mainly driven by the drilling activities in China.

Increasing expenditures on installation of pressure control equipments by oil field service companies and drilling contractors is one of the major drivers for the choke and kill manifold market. Moreover, the increasing offshore drilling has also augmented the demand for choke and kill manifolds. Recent plunge in the oil and gas prices could result in a decline in drilling activities all over the world. Drilling activities are expected to suffer in areas require higher expenditure for oil and gas exploration. Decline in drilling activities will directly affect the demand for oil and gas equipment and hence the choke and kill manifolds.

To obtain all-inclusive information on forecast analysis of Global Market , request a PDF brochure here.

Some of the major companies providing coke and kill manifolds include Cameron International Corporation, Schlumberger Limited, Quality Oil Tools, LLC and others.

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reports24-blog · 5 years ago

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Automation Solutions in Oil & Gas Market Forecast By 2025: ABB Ltd., Hitachi, Honeywell, Siemens AG

Research Reports Inc has released the latest report based on thorough research on Automation Solutions in Oil & Gas Market This in-depth report discusses this industry’s market in forms of overview/definition, application, classification, predictions pertaining to value and volume, and future predictions. It also prominently attributes the current situation and outlooks with the industrial and financial aspects. Furthermore, it comprises of current events, latest market trends, schematic representation of the global companies with their prime developments, mergers & acquisitions, deals, and agreements, expansions and investments, etc. Additionally, it talks about the vital prospects such as market Restrains, growth drivers, challenges and potential opportunities that may affect the overall Automation Solutions in Oil & Gas market.

To Grab the SAMPLE or PURCHASE the Full Report please click on the Link @ https://www.researchreportsinc.com/report-sample/92038

The report also covers the current competitive scenario and the predicted manufacture trend; and profiles global oil & gas automation solution vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in the global market of automation solutions in oil & gas industry are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players: ABB Ltd. Emerson Electric Co. Endress+Hauser AG Fanuc Corp. General Electric Co. Hitachi, Ltd. Honeywell International Inc. Mitsubishi Electric Corp. Rockwell Automation Inc. Schneider Electric SE Siemens AG Yokogawa Electric Corporation

This extensive professional market research report renders an in-depth study of this market’s industry along with growth prospects for the forecast period with exclusive focus on the size and characteristics of the market, major market manufacturers, present trends, growth forecasts, competitive landscape for the predicted frame of time coupled with market restrains and prime success. Besides, this exclusive report cloaks the global Automation Solutions in Oil & Gas Market based on applications, regions, competitive landscape and products. The report enlists profiles of several companies of prime market players, market share, financial metrics, business strategies, and forecasts and predictions.

Based on system type, the global market is segmented into the following sub-markets with annual revenue included for 2014-2023 (historical and forecast) for each section. • Supervisory Control and Data Acquisition (SCADA) • Programmable Logic Controller (PLC) • Distributed Control Systems (DCS) • Manufacturing Execution System (MES) • Safety Instrumented System (SIS) • Other Systems

On the basis of the operation stage, the global market is analyzed on the following segments with annual revenue in 2014-2023 provided for each segment. • Upstream Operation • Midstream Operation • Downstream Operation

Geographically, the following regions together with the listed national markets are fully investigated: • APAC (Indonesia, China, Malaysia, Australia, India, and Rest of APAC) • Europe (Kazakhstan, Azerbaijan, UK, Norway, Russia, Rest of Europe) • North America (U.S. and Canada) • Latin America (Brazil, Mexico, Venezuela, Rest of Latin America) • RoW (UAE, Saudi Arabia, Iran, Nigeria, Algeria)

The Automation Solutions in Oil & Gas Market report wraps:

Industry summary with market definition, key elements such as market restrains, drivers, potential opportunities, challenges, trends in the market, etc.

Market sectioning depending on product, application, geographical region, competitive market share

Market size, approximates, forecasts for the said frame of time

Distribution channel assessment

Competitive analysis of crucial market manufacturers, trends, company profiles, strategies, etc.

Factors accountable for the growth of the market

A thorough assessment of prime market geographically

Factual information, insights, market date backed by statistics and industry

Detailed TOC and Charts & Tables of Automation Solutions in Oil & Gas Market Research Report available @ https://www.researchreportsinc.com/reports/automation-solutions-in-oil-gas-industry-global-market-by-system-type-operation-stage-and-geography-2014-2023

The report is worth a buy because:

This report on Automation Solutions in Oil & Gas Market assists in analyzing the condition and situation of the market in primary regions of the world. Apart from rendering an overview of product manufacturing processes, the research report also renders an impeded strategy of the industry, the latest technological developments, cost structures, product specifications, etc. Future predictions based on the development of this industry are also covered. The report also reviews micro and macro factors vital for the new entrants along with the current market players.

Major Points From TOC: Chapter 1 Executive Summary

Chapter 2 Abbreviation and Acronyms

Chapter 3 Preface

Chapter 4 Market Landscape 4.1 Market Overview 4.2 Classification/Types 4.3 Application/End Users

Chapter 5 Market Trend Analysis

Chapter 7 Latest Market Dynamics 7.1 Latest News 7.2 Merger and Acquisition 7.3 Planned/Future Project 7.4 Policy Dynamics …

#Automation Solutions in Oil & Gas

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pratikshame-blog · 5 years ago

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Packer Market : Industry Outlook by 2020

The new report published by Transparency Market Research, titled “Packer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020”, analyzes the global packer market and presents a forecast about the future state of this market over the 2014-2020 period. The report states that the market, which was valued at US$2.7 bn in 2013, will expand at a healthy 9.0% CAGR over the report’s forecast period and rise to a value of US$4.9 bn by 2020.

The report states that factors such as an overall rise in the global demand for fossil fuels, spurred by the ever-increasing population and economic development, are crucial in driving the overall demand for packers across the globe. While the demand for energy is continuously rising owing to rapid industrialization, an increase in drilling activities across major oil and gas producing areas is also a key factor driving an increase in demand for packers.

The report segments the global packer market based on two criteria: product type and key regional market. Based on type of products, the market is further segmented into permanent packers and retrievable packers. Geography-wise, the market is segmented into North America, Asia Pacific, North America, and the Rest of the World.Of the two product types discussed in the report, the market segment of permanent packers is expected to dominate the global market over the report’s forecast period.

Permanent packers are available in a variety of pound-per-square-inch (PSI) ratings in the market. As a result, permanent packers can be employed in a number of high-pressure and high-temperature drilling setups. The low cost and superior functional capacity of permanent packers also make them most suitable for vigorous drilling conditions.

Retrievable packers, unlike permanent packers, can be removed from a drilling site after the drilling is completed, during the removal of tubing from the wellbore. Retrievable packers are especially suited for applications that need consecutive recompletion. The suitability of retrievable packers for recompletion activities is expected to drive their demand in the coming years.Of the key regional markets studied in the report, the global market for packers is expected to gain its maximum demand from the North America market over the report’s forecast period. Rise in drilling activities in the U.S. and Canada will lead to most of the demand presented for packers from the North America regional market.

To obtain all-inclusive information on forecast analysis of Market, request a PDF brochure here.

Declining oil reserves in major European oil and gas repositories will lead to sluggish demand for packers in Europe. A major portion of demand over the report’s forecast period is also expected to arise from countries such as Kazakhstan, Azerbaijan, and Russia. The Rest of the World section of the global market – including the Middle East, Africa, and South America – contains countries with some of the largest oil and gas reserves in the world and is also expected to observe good growth owing to sustained drilling activities.The key businesses operating in the global packer market include Tryton Tool services, Schlumberger Limited, Weatherford International Ltd., Halliburton Company, TIW Corporation, Map Oil Tools, Inc., and Baker Hughes Incorporated.

#Packer Market

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divinejhonson · 4 months ago

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Navigating Career Opportunities in Azerbaijan: A Comprehensive Guide

Introduction

Azerbaijan, a country at the crossroads of Eastern Europe and Western Asia, is emerging as a hub for diverse career opportunities across various industries. Whether you're a seasoned professional seeking new challenges or a fresh graduate looking to kickstart your career, Azerbaijan offers a promising landscape. This comprehensive guide will navigate you through the essentials of pursuing career opportunities in Azerbaijan:

Understanding Azerbaijan's Job Market Dynamics

Azerbaijan boasts a robust economy driven by industries such as oil and gas, construction, telecommunications, tourism, and agriculture. The country's strategic location, coupled with ongoing infrastructure developments and economic reforms, continues to attract multinational companies and skilled professionals from around the world.

Key Steps to Prepare for Career Opportunities

1. Researching the Job Market Trends

Before embarking on your job search, conduct thorough research on Azerbaijan's current job market trends. Identify sectors that align with your skills and career aspirations. Websites like can provide valuable insights into job openings, employer expectations, and industry-specific requirements in Azerbaijan.

2. Enhancing Your Skills and Qualifications

Azerbaijani employers value candidates with relevant skills and qualifications. Consider enhancing your skill set through certifications, language courses (Azerbaijani, Russian, or English), or specialized training programs. Acquiring industry-specific knowledge and staying updated with global trends can enhance your competitiveness in the job market.

3. Networking and Building Professional Contacts

Networking plays a crucial role in Azerbaijan's job market. Utilize professional platforms like LinkedIn to connect with recruiters, industry professionals, and expatriates already working in Azerbaijan. Attend industry seminars, workshops, and networking events to expand your professional network and gain insights into job opportunities.

4. Understanding Visa and Work Permit Requirements

As a foreign national, securing a work visa or permit is essential before starting employment in Azerbaijan. Familiarize yourself with the visa application process, required documents, and any specific regulations that apply to your situation. Partnering with the Best Overseas Employment Agency, can streamline this process and provide expert guidance.

5. Cultural Adaptation and Lifestyle Considerations

Moving to Azerbaijan involves adapting to its cultural norms, traditions, and lifestyle. Researching about local customs, etiquette, healthcare facilities, and cost of living can facilitate a smooth transition and help you settle comfortably in your new environment once you secure a job.

6. Crafting an Impressive Resume and Cover Letter

Tailor your resume and cover letter to highlight your skills, experiences, and achievements relevant to Azerbaijani employers. Emphasize your international experience, language proficiency, and adaptability to showcase your suitability for prospective job roles.

7. Interview Preparation and Job Search Strategies

Prepare effectively for job interviews by researching potential employers, understanding their business operations, and anticipating common interview questions. Develop a strategic job search plan, explore online job portals, company websites, and professional networks to identify and apply for suitable job vacancies.

Conclusion

Navigating career opportunities in Azerbaijan requires proactive planning, continuous learning, and effective networking. By understanding the local job market dynamics, enhancing your skills, and complying with visa requirements, you can position yourself as a competitive candidate in Azerbaijan's dynamic employment landscape.

Partnering with the Best Recruitment Agency In Pakistan For Azerbaijan, can provide you with invaluable support throughout your job search and relocation process. Start your journey today and explore exciting career prospects in this thriving Eurasian nation.

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businessliveme · 5 years ago

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Platforms for Growth

Samir J Fancy, Chairman, Renaissance Services shares his insights on the $1.079bn sale of Topaz to DP World along with his future vision for Renaissance and why the deal is a winning proposition for all three companies. Mayank Singh reports

What are the reasons that prompted Renaissance Services to proceed with the sale of Topaz to DP World?

We went in for this deal keeping in mind what was important for Renaissance at the present juncture. We had a desire to de-leverage and become asset light. When we look at the global and regional markets, we see that there are very few positive triggers out there.

Our thinking was that if we are ticking enough boxes in terms of what we want for Renaissance, then this deal, perhaps with the only additional desire of a healthier valuation, ticked all the boxes that were important for the company.

Sometimes in business you need to take a long view, and given the circumstances in the world today, you can hope for a positive turn of events, but another negative shock in the industry might have been a bridge too far – and hope is a poor strategy. It was with that in mind that we chose to take this deal.

Overall, it was a mix of these two reasons, but more importantly it was about what was good for Renaissance.

As a thumb rule, a downturn is not considered a good time for an asset sale as valuations are depressed. Were there any external pressures that forced you to proceed with the transaction?

There was no external pressure or compulsion that forced us to proceed with the transaction at this moment. There are circumstances which we might have had to negotiate, if we had not gone ahead with the sale, but these were manageable but not easy.

For instance, liquidity was tough and we have been stating that very clearly, but we would have survived it. Compared to 2019, liquidity was tougher in 2017 and in the early part of 2018. There were triggers like the upcoming obligation towards Standard Chartered Private Equity/Affirma Capital (SCPEL), but SCPEL has been a fantastic partner throughout this journey with Topaz and have always been reasonable.

But the heavy issue was that in the past year we had tried many different avenues and could not see any near term liquidity solutions and we had a plan for Renaissance which could only go into top gear once we had shifted the overhang of Topaz. Once that was the prism then valuation became a relative issue.

Are there synergies between Topaz and DP World that assured you that this is a right fit for a company that you have nurtured and grown over the years?

For DP World one of their signature acquisitions a decade or so ago was the P&O brand. They already own Maritime assets. DP World owns a vast amount of real estate by way of their ports. Logistics is very important to their trade and Topaz is moving into logistics, particularly with their Chevron TCO deal, so that could have been attractive for DP World.

Topaz will also be taking them into the Caspian, where there are major possibilities for DP World to do other things that they are good at. This is a superb market and Topaz has a strong position in Azerbaijan and Kazakhstan, so there were those synergies and frankly speaking we have fantastic EBIDTA margins in Topaz and DP World would also benefit from those.

Can you share some details of the deal with our readers?

Talking about valuations, the value of the deal including minorities is $1.3bn. To make it crystal clear and totally transparent we have taken only the net number of $1.079bn and it has been flagged to the market.

We have agreed and signed off with DP World and now its down to the closing conditions which can take two to three months to get the various consents and fulfill other conditions. There will be regulatory, anti-monopoly consents which DP World will require to obtain in the normal course of a transaction of this size and scale.

We have called for a Shareholders Meeting for Renaissance on the July 29, 2019, where the deal will be presented for approval.

Will the proceeds from the sale reflect on Renaissance Services balance sheet this year or in 2020?

The proceeds of the sale will be reflected the minute we achieve financial closure. For example, even when we report our H1 results, which will be announced in the next few days, this will not be reflected as a business but a one line item flagging the gain or loss on the transaction.

Topaz was acquired by Renaissance Services in 2005 and you grew it multifold. Looking back how was your journey with Topaz?

The journey of Topaz was a really interesting one. When Renaissance acquired Topaz, it was a completely different company. It was in oil & gas fabrication, ship repair and owned a dozen or so old ships. We grew it into a global OSV fleet that in today’s environment would be the No.2 or No.3 OSV Company in the world. In 2014, out of the top 10 fleets globally, we would have been seven or eight in the world in terms of size. Unfortunately, most of those companies have filed for Chapter 11 or been restructured with their shareholders losing most and, in some cases, all their capital.

To put it in simple terms, this story is about a small Omani company that goes out into the market, builds a global fleet that competes with the very best in the world and that says a lot for Renaissance and it says a lot for Oman. Honestly, His Majesty has created an environment that allowed us the freedom to succeed and to compete with the very best in the world and most importantly win.

We have done this not just at the Topaz level, but also in Renaissance. We forayed into Afghanistan and Iraq et al where we were up against some of the largest global corporations and we competed and executed successfully. This says a lot about our structures, our governance, the outstanding management teams and people of Renaissance. What a journey – a wise man said it best “This is not the end, it is not even the beginning of the end, but it is, perhaps, the end of the beginning” so that is the journey and the spirit of enterprise within this company and its people and there is much more on the anvil.

You mentioned about various companies in this sector filing for Chapter 11 and wiping out shareholder value. What enabled Topaz to survive the downturn in the hydrocarbon sector since 2014?

We all like to say that we do great things because we are so smart, but the reality of life is that you need to be smart, patient, work hard and God has to be kind to you. It’s a mix of all those things but mostly God’s kindness that we were able to come through this phase. A big part of it was that we were in some unique geographical areas, which were not as exposed to global market trends as some of the other parts of the world.

Our joint venture in Azerbaijan and our contract in Kazakhstan gave us an edge. It is important to understand how our fleets get to those places – your ships travel through the Volga-Don Canal and depending upon the ship size, we need to cut the bridge, place it on the deck and then go through these canals, so it is not easy to do. As a consequence, if I had a ship chartered in the North Sea, it would need to immediately adjust to the prevailing global shipping rates.

Compared to this ships in Azerbaijan are chartered on long term rates, because getting the ship there is so tough that the client wants to procure a contract for three, five and at times seven years. Having a particular skill and being in a niche area are factors that gave us a unique edge in the market.

Market analysts felt that Renaissance has been a highly leveraged company. Will this transaction enable you to de-leverage the company substantially?

Absolutely, Topaz is a great business but it is an asset heavy model. Most of our leverage came at the Topaz level, as it was a big play. For a local Omani company it’s a monster play and so now our gearing will come down to 1.3 post this transaction.

What are the objectives that this transaction fulfills for Renaissance?

The objective is to make Renaissance a pure play on services, build an asset light model, let it become a dividend paying company with the aim of providing superior returns to its shareholders and to take away the cyclicality that we had till now.

How are the proceeds from the sale going to be utilised?

We will keep some cash on the balance sheet but most of it will go towards paying off debt.

Once the debts are paid off and your gearing comes down, the company will save and generate additional cash. How are you going to utilise the surplus cash that is expected to be generated year-on-year?

As I mentioned earlier, the goal is to start rewarding our shareholders and to provide superior performance. This will happen in two ways, one is through the growth in the value of the company. Secondly, the pure play in the services sector will allow for expanded multiples and reward shareholders with as much cash as we can.

You mentioned about services being a big play for the company. What is your vision for Renaissance Services from here on?

The beauty of our services model is that many assets are already in place on the ground. As IFM service providers we step in and take over all the non core services that large corporates or government entities require so they can focus on their core business. So if you go to Almouj, BP Khazzan or so many other facilities around Oman it is Renaissance and its people executing the services.. Increasingly, this is becoming part of institutional efficiency and we are going to grow it, and move across all the sectors in Oman and beyond. This is the service element which is the basis of our revenue model.

To be able to provide our services beyond pure contract services many government and quasi government agencies need to outsource complete residential packages for their work force e.g. PDO where Renaissance built 5 PAC (permanent accommodation for contractors) and then the massive Duqm development. We have branded these as Renaissance Villages with 20 years of experience. Today, if someone wants to build a facility for a company and they go to a bank for loans, the bank runs an execution, development and post execution risk. What’s great about Renaissance is the fact that we provide an entire package and have done so successfully repeatedly. So we are almost in a plug and play mode, we develop, people can move in there, live there, be fed, get housekeeping, recreation, healthcare and every other form of life support. When the entire service isunder one roof, it is an unbeatable proposition in terms of competitiveness.

We also work as an enabler for growth in areas like Duqm. Once the government made a decision and formed SEZAD, we rallied behind them, put up a facility without assured occupancy, as we believed in their vision and spent $200mn on Renaissance Village Duqm (RVD). It took time and we had our share of heartaches, when things got delayed with the refinery etc., but today, we see a very clear path to full occupancy over the course of this year. The point is how many private company’s in Oman can build something like a RVD and provide an end to end service.

The reality is that today Oman’s capital markets have advanced, there are Sukuks, debt like instruments, real estate investment opportunities, fixed income etc. Through Topaz we demonstrated that we could tap the London and New York markets issuing Reg 144 bonds. So we are seeing that there are less limitations on our growth and we will no longer be reliant on our balance sheet only. Overall, we want to have sticky long term revenue attached to us for 20 to 40 years. There is student housing, white collar facilities, military requirements – the list is endless and our appetite to deliver the service is voracious.

We have won a waste management contract and we are going to increase our presence in that space. We have rolled out a programme for home care maintenance and it has taken off well and will go national. There are related things on the environment and clean energy side, which fit well into our suite of services. For example, in Fahud we built an entire car park with solar panels for our PDO project there on our own account. We did it as a good corporate citizen who believes in clean energy and wants to lead the way in contributing to the communities we serve.

Renaissance has risked going into asset heavy businesses in the past. But going forward, you would prefer to be in asset light businesses. Does this mark a major rethink on your business model and has this been triggered by your experience with Topaz?

All this is relative. Risk is a part of entrepreneurship. If you do not buy a ticket to a ballgame you will never be part of the experience. That’s important. Secondly, how can one be chastened if one has built a company which is amongst the top three in the world. On the other hand, every entrepreneur realizes that he or she is not going to win at everything. When I talk about being asset light, I look at it on a very large scale. Not many people would look at a company which has the Duqm Village or all the PDO PACs on its balance sheet as asset light. We are talking of being asset light relative to the growth ahead and consistent with the Western peer group to which we aspire. The point will always be to expand in areas whose time has come and at this time IFM pure play is the place and space in which we will excel and grow. The fact that it happens to be relatively asset light is not the main driver.

Oman’s 20 largest companies post 44 per cent profit growth

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