Offshore Drilling Jobs - How To Get Hired Without Drilling Experience

So, you want to work an offshore drilling job. Do you know which companies are involved in offshore oil drilling? Besides the super-big players like Esso, BP, Shell, etc. Did you know that these big boys do not always do their own drilling? Quite often nowadays, they are forced to subcontract some of the work to smaller players.

Have you heard of these companies: Diamond Offshore (Houston, USA), Dolphin Drilling (Tananger, Norway), and Frigstad Offshore (Singapore)? How about Offrig Drilling ASA, Scorpion Offshore, Songa Offshore and Thule Drilling ASA? These are just some of the companies in the modern oil industry. In their own way, you can call them the modern wildcatters. During the last slump in oil prices, the giants like BP and Shell stopped investing in their staff and oil drilling technologies. But some smaller companies correctly predicted that prices would rise again. They invested in R&D to develop new drilling techniques and technologies. They build new oil rigs for deep-ocean drilling. These are the boys that Shell and BP are sub-contracting for oil drilling services.

If you want to work on an offshore oil drilling rig, you have two main choices. The path most people think of is to go on board as part of the drill crew. If you have prior experience, you will probably be a pumpman or derrickman. If not, you have to get in as a roughneck or roustabout. Drillers are pretty much the 2nd-in-command and assistant of the oil rig manager. Technically, a roughneck/roustabout is a laborer. On the other hand, how many laborers earn $50,000 per year for just 6 months of work every year? Unlike a normal laborer, who never gets the chance to work his way up to manager level, a roughneck with the proper attitude has a reasonable chance to become a manager on an oil rig. Of course, first he has to work his way through derrickman and driller.

This is not the only way to get an offshore drilling job. If you have some useful trade, like a cook or medic, this will be a good choice regardless of your offshore oil rig experience. You get the same generous living conditions of the drill crew, and better salary than a comparable job on dry land.

Just because it is an offshore oil rig does not mean it does not need office staff. No matter where you go, you can't escape paperwork. You'll still find your paper pushers. Except that on the oil rig they are called tool pushers. They work in the rig offices and rig floors.

You also have the mechanical department and electrical department. The mechanical department hires motormen, mechanics and maintenance supervisors who are responsible for all mechanical operations. The electrical department includes jobs like electrician, electronics technician and maintenance supervisors who repair and look after of all the electrical equipment.

An offshore drilling job is a very lucrative career. As you can see, you do not need drilling experience to get hired on an offshore oil rig. And now that you know there are companies other than Shell hiring people, you have many ways to get in on the action. You can get in as part of the drill crew, or as a tradesman.

RigWorker.com has been helping people get offshore drilling jobs since 1998.

Click here to to learn how we can help you get your offshore drilling job

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Calculate Internal Rate Of Return Using Excel

Internal rate of return is commonly known as IRR by those in the
financial industry. To understand internal rate of return, you must
first know what is NPV or net present value. IRR is discounted rate
of return derived based on the condition that net present value for
an investment is 0. IRR is then compared to the company's discounted
rate of return. If IRR is higher than the company's / project's discounted
rate of returns, then the investment is deemed to be worthwhile for the company or investor.

The discounted rate of return for the company is determined
by the investors themselves. Discounted rate of return is derived
based on a number of factors. One of them is the consideration of
risk. If the investor is evaluating a more risky investment, he is
likely to have a higher rate of return. This is to compensate the risk
that he is taking on this project. Another factor that could influence
the discounted rate of return is the general market rate of return.

To calculate the internal rate of return manually (without a
financial calculator) is a very laborious process. It will take
you minutes if not hours. However, using Excel, you can do it in
less than a minute. Assuming that the cash flows (from year 0 to
year 5) is in the range "D$3:J$3", the formula to derive the IRR
is "=IRR(D$3:J$3)" without quotes.

Now that we have learnt how to calculate the internal
rate of return, it is important to know that IRR can only be
used under certain conditions. The best way to determine if the
IRR can be used is to plot the NPV of the investment against
the discount rate of return. If the NPV crosses the X-axis more
than once, i.e. NPV is zero more than once, than the investment
is considered to have multiple internal rate of return and should
be used with caution.

It is very safe to use IRR only when the cash inflow or outflow only
changes once. This means that you can have a series of outflow
before the inflow comes in. Once the inflow kicks in, outflow cannot
be present again. Alternatively, you could have a series of inflow
first followed by a series of outflow, but inflow of funds cannot
appear again. If there are multiple IRR, then it would be difficult
to determine which IRR to use.

If there are changes in the cash flows from negative to
positive and back again to negative, the chances of this
investment having multiple internal rate of return is very
high.

Jason Khoo is the author of the website Advanced Excel Profit Centre. He hopes to share with his visitors how to simplify complicated calculations through the use of Excel. He also develop templates such as the NPV template, IRR template to help users gain a better understanding of these concepts and make it more convenient for users to derive the values. He has also developed a business solution that helps budget planners consolidate budgets in SUPER quick time. The solution is also very useful for personal budgeting and analysis.

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3 Best Return On Investment Ideas

Return on investment can be controlled to a certain extent with 3 things. The SOR or speed of return, Leverage and Personal Cash control.

Speed of Return
One of the biggest ways a yearly compounding rate can be increased is to invest for faster turn around cycles. If you can find investments that actually have a one or two week cycle, that is much stronger than a yearly cycle. What sort of investments can be made to achieve a turn around transaction in a week or a month? Well, anything can be called an investment if it delivers a return! Think of something as simple as buying a cheap car and cleaning it thoroughly. Selling it for 20% more over a month is considered, in anybody's books as an investment and a return!

Leverage
Available capital can be magnified using leverage. A $100 dollar account can be turned into a $1000 using borrowed money. If the yield is 10% then on $100 you would have made $10 but if you made a bigger purchase with borrowed money, the same yield is 10% of $1000 which equals $100 so in real terms you have made a 100% return. This, we need to be aware is based on having a "segregated seed capital account"

Personal Cash Control

Having ready access to your cash puts you in a position to swoop on good opportunities when they present themselves. There is a plethora of opportunities that can be had for people with the available funds. Anything from a small business in trouble whose assets are worth more than the asking price (which you can sell off for a profit) to under valued consumer goods which can be resold for a profit, or even dabbling in importing from China.

The best ways to increase your speed of return can have a dramatic impact on your annual compounding goals and with a little smart planning anybody can achieve compounding rates of 100% or even more each year. This is not difficult using the above three strategies. But please be aware that caution must always be used with leverage. Using leverage or "OPM" (other peoples money) can and is, the most significant cause of blown seed capital accounts amongst investors. Even if you can increase at a rate of 100% per year, my advice is to GET RICH SLOWLY! Slow but steady compounding is much more acceptable for people wanting certain arrival rather than hopeful riches!

If you need money now, like I mean in the next hour, try what I did. I am making more money now than in my old business and you can too, read the amazing, true story, in the link below. When I joined I was skeptical for just ten seconds before I realized what this was. I was smiling from ear to ear and you will too.

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The Jobs For 17 Year Olds Available Today

There are a lot of opportunities when it comes to jobs for 17 year olds. Starting from the service industry of hotels and restaurants to the malls and small businesses dotting the city. Currently the best business establishments that offer jobs are Best Buy, Limited Too, The Disney Store, Build-a-Bear, Chick-fil-A, Wawa, Wal-Mart, McDonald's, Acme, Foot Locker, Shoprite, Olive Garden, Sears, Auntie Anne's and Taco Bell.

Jobs for 17 year olds in restaurants and cafes are the best spots to earn more though. Even if you are earning minimum wage, your tips will be something to look forward to - if you provide great service.

You don't have to really look far if you love kids. Babysitting is one of the favorite and easy to do jobs around. You can also seek out organizations which are into what you're into. Like museums, if you are into the arts, you can try out becoming a tour guide. If you have an advocacy, you can try charitable institutions and offer your skills in maybe, data encoding or a gofer. The hospitals are also a venue where you can be a candy striper.

Don't forget to check your other local hang-outs like bowling alleys, pizza shops, various repair shops, libraries, the town hall, university and your favorite retailer. It really helps if you are able to focus and aim for what you want to do. The right jobs for 17 year olds will bring meaning into what you're doing and you'll have fun. Your eagerness to go to work will just continue. You might even be surprised it's payday already.

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HR Seminars

Human Resource (HR) seminars are mostly one-day events that provide workforce solutions for both private and public sector organizations. Human resource professionals from several different organizations attend, meet, and speak on various HR related topics and problems. These seminars are intended to keep the supervisors and HR management staff well-trained in areas such as employment law, workers' compensation, etc.

A lot of organizations conduct seminars and workshops on human resource management. The HR seminars mainly focus on three specific areas of HR management - development, functions, and quantitative analysis. They are specifically designed to assist individual organizations to invigorate and reposition their HR department and practices. These seminars help HR management to discover new approaches and techniques for training their employees and building organizational unity. These seminars also enable HR professionals to manage employees beyond geographical and cultural boundaries. HR seminars help professionals to clarify their vision and strategy and translate them into operational objectives that drive both performance and behavior.

HR seminars focus on HR management, HR planning, international HR management, labor law, organizational management, organizational development, information management, compensation management, training and development, and labor economics. High level managers from various industries are invited to share their experiences in an effort to broaden the HR professionals' perspectives.

The agenda for every HR seminar will vary, and it could include themes such as how to improve human performance, how to implement a highly productive workplace, how to provide feedback on individual performances, etc. The seminars could also educate trainers, HR professionals, IT professionals, and managers to excel in their performances. These seminars could also discuss how to find solutions to human performance problems especially if an emergent situation should occur. Seminars on HR management are mainly based on behavioral sciences, economics, psychology, statistics, and other associated factors. By participating in seminars like these, senior HR executives can address issues such as compliance, talent management, leadership development, healthcare issues of diverse workforces, etc.

In general HR seminars, conferences, and workshops act as a continuing training program for organizational development, HR management, training and development, business administration, information management, finance and economics, current issues on labor problems and many more.

HR provides detailed information on HR, HR Software, HR Outsourcing, HR Jobs and more. HR is affiliated with Recruiting Software.

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How Much Should I Charge For My Commercial Cleaning Services?

You've bought all your cleaning supplies and equipment, told everyone you know that you have started a cleaning business and now you are ready to start bidding on jobs and getting down to work. So your next step is to meet with potential clients and put together a bid for their cleaning services. But how do you know what to charge for cleaning your potential client's building?

Start off by remembering that you are in business to make a profit and earn a living. Sometimes the tendency is to price our services low in order to get our foot in the door. Pricing your services too low may mean you will end up working for very little per hour. And more importantly, will have little left over to reinvest in the growth of your company. There are cleaning companies that charge more than others and have all the work they can handle and there are companies that have lower fees yet are struggling to find work! Don't sell yourself short or you will not be able to earn a living off your cleaning business.

The rates for commercial cleaning vary widely depending upon the area you live. Hourly rates are anywhere from $15 to $40 per hour depending on the type of services that you provide, whether or not you're doing the work yourself, and your company's overhead and expenses. Monthly square footage rates could run anywhere from $.05 to $.20 per square foot depending on the type of building you are cleaning and the frequency of cleaning. You'll be able to bid a higher square footage price for medical facilities versus office buildings due to more specialized cleaning needs. You'll likely bid a lower square footage price for large buildings versus small buildings. For example, you may bid $.08 per square foot for a 50,000 square foot building versus $.12 per square foot for an 8,000 square foot building.

You will most likely be charging your customers a monthly price and you will need to figure that price by estimating how long it will take to perform the services that your client has requested. The more productive you or your employees are, the higher the hourly production rate. If you're able to clean 3,500 square feet per hour, your profit will be higher than if you're only able to clean 2,500 square feet per hour, so adjust your price accordingly.

It's also a good idea to find out what the "going rates" are in your area. A few phone calls to competitors may be necessary to get an idea of the basic charges in your area. Use a script when you call so you can compare apples to apples. So what do you say when you call? Try something like, "Hi, I have a small business office that I would like cleaned once a week. It is 3000 square feet and has two small restrooms. Can you give me a rough estimate of what you what you charge per month?" The person may or may not give you an estimate. Most contractors will insist on walking through the building, but it is worth a few phone calls so you have a ballpark figure on what cleaning companies in the area are charging.

To estimate what you should charge for cleaning a building, start by doing a walk-through with the building owner or manager. Keep track of the following:

* Frequency of cleaning (once a week, three times a week, five times a week). If frequency is one or two times per week, it's best to estimate your time and multiply by your hourly rate. If cleaning 3 or more times per week you can estimate your time by the square foot.

* Overall square feet

* Types of floor surfaces and square footage of each (carpet, vinyl flooring, ceramic tile)

* Types of rooms - general office, break room, restrooms. Also note the number of toilets/stalls and fixtures in each restroom, as well as the types of restroom supplies used.

* Any special considerations - heavy traffic areas, elevators, unusual requests, etc.

* Make note of the specific services the client is seeking such as emptying trash, dusting, restroom cleaning, mopping and vacuuming.

The following services are specialized services and you should bid them separately, and list a per-service charge on your bid:

* Stripping and Waxing (.25¢ - .50¢ per square foot)

* Buffing/Burnishing (.03¢ - .07¢ per square foot)

* Machine Cleaning of Ceramic Tile floors (.12¢ - .21¢ per square foot)

* Carpet Cleaning (.12¢ - .25¢ per square foot)

* Carpet Spotting ($20 - $40 per hour)

* Cleaning appliances (microwave, refrigerator) - $10 - $35 per appliance

* Window Washing ($1.00 - $5.00 per pane)

Make sure you take enough notes so you can put together a realistic price that is fair to the client and one in which you will make a profit. After your first meeting with the client, go back to your office look through your notes and decide what it will cost you to clean the building. You may have to consult a production cleaning rate chart to determine how long it will take you and your staff to clean the building. Once you have an idea of how long it will take to clean the building you can put your cost estimate together:

* Estimate the time it will take by using a production cleaning rate chart or calculator.

* Determine your labor cost for cleaning the building one time.

* Determine your monthly labor cost to clean the building.

* Estimate a monthly cost for supplies. This will be a fairly low figure, perhaps 1 or 2% of monthly sales.

* Be sure to add in a profit margin!

Add up the figures and you will come up with your monthly cost. If you have access to a bidding calculator you will be able to put in a series of numbers and come up with a price. A bidding calculator will also show what profit you can expect to make. It is also advisable to add a first time cleaning charge. This is usually an hourly rate of perhaps $20 - $25 an hour. The first time you go through a building it will take longer and you may find the previous cleaning service may have left dirt in cracks and crevices that you will have to clean the first time through.

Once you have your price established, put your bid packet together. Your bid packet should specify what you are responsible for and what the client is responsible for (buying their own trash can liners, restrooms supplies, etc.). It should also include the monthly charge for cleaning services, how long the agreement is for, and the procedure to cancel the contract if either party is unhappy.

It is important to learn how to price your cleaning services so your customers know you are providing a professional service at a realistic price and so that you make a profit. After all, if you do not make a profit you won't stay in business very long!

Copyright (c) 2006 The Janitorial Store

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Dubai Lifestyle - The History of the City and Day to Day Life in Dubai

Background Information to the United Arab Emirates and Dubai: -

Dubai is one of the seven states that make up the United Arab Emirates (UAE); it is located in the Middle East. The UAE borders the Gulf of Oman and the Persian Gulf and is situated between Oman and Saudi Arabia. The United Arab Emirates was formed in 1971 by the then 'Trucial States' after their independence from Britain.

The UAE is governed by a Supreme Council of Rulers, the council is made up of the seven emirs and they appoint the prime minister and the cabinet for the country. Despite being ultimately ruled by the Supreme Council, as with the other six states, Dubai maintains a large degree of autonomy from the UAE when it comes to general decision making for the city's development.

Oil was first discovered in the United Arab Emirates in the 1950s, before that the country's economy was built on fishing and pearling, since 1962, when Abu Dhabi became the first of the emirates to begin exporting the oil, the country's economy has been completely transformed.

Sheikh Zayed, who has been the president of the UAE since its inception, quickly understood the economic potential for the country from the oil industry. He has continued to ensure that each of the emirates benefits from the oil generated wealth, he has insisted on the reinvestment of oil revenues into the healthcare system, the education system and the general national infrastructure.

The development of the oil industry has led to a large influx of foreign workers to the UAE, in fact Dubai's population is the fastest growing in the world and the foreign population makes up about three quarters of the entire UAE population! As a direct result of this fact the UAE is one of the most liberal countries in the Gulf, with other cultures and beliefs tolerated. Dubai has also been quick to understand the need for diversification. Oil in the region is only projected to last for about 30 years and so Dubai has successfully embarked upon a major diversification program aimed to at developing industries and commercial enterprises to take the place of oil as the predominate commodity of the state's economy.

The climate in Dubai is sub-tropical and arid or desert like. The city enjoys almost year round sunny blue skies. Rain is infrequent and if it does fall, it falls in the winter.

Temperatures range from lows of 10°C to extreme summer highs of 48°C. The average maximum daily temperature in January is 24°C and the average maximum daily temperature in July is 41°C when humidity is very high.

About the city of Dubai

Dubai is recognised as the commercial and tourism capital of the UAE and is globally regarded as one of the most sophisticated, futuristic and cosmopolitan cities in the world, in fact Dubai is something of a phenomenon! It is an Arab Muslim society with the fastest growing foreign population in the world, and it has successfully developed harmony through ethnic diversity. It is a city with unrivalled levels of economic energy and architectural ambition, a unique city of contrasts where the most modern and architecturally stunning skyscrapers stand alongside traditional beautiful Arabic structures.

The experiences and attractions available in Dubai are many and varied. From the miles of immaculate beautiful white sandy beaches to the richly exotic Arabian heritage, from the awe inspiring majesty of the desert to the lively international bars, restaurants and nightclubs - a visitor to Dubai is guaranteed an incredible, never to be forgotten experience.
In 2003 Dubai was voted safest holiday destination in the world by Conde Nast Traveller magazine, and in fact Dubai is recognised globally as one of the safest cities in the world. Living in Dubai you will find that it is virtually crime-free with the Dubai police ensuring personal safety and security. Anyone found guilty of committing a serious crime will be severely punished. Alcohol and drug related offences are considered serious.

The economy of the city of Dubai is a mainly service-driven economy, with every business amenity from banking to telecommunications offered. International trading and industrialisation are actively encouraged through the provision of favourable taxation advantages, offshore status, specialist free trade zones etc. Recent innovative projects in the city include the foundation of Dubai Media City and Dubai Internet City, bringing 21st century technology to Dubai in the world's very first 'Free Zone' wholly dedicated to e-business.

Day to Day Life in Dubai

Accommodation

If you are considering moving to Dubai one of your first thoughts will no doubt be finding somewhere to live. This is not something you'll find too tricky, there are many companies advertising rental accommodation in the classified sections of local newspapers and they offer everything from private villas to luxury apartments or even shared accommodation. Whatever your budgetary and lifestyle requirements are, the specialist relocation and housing companies will be sure to have something to assist you. If you prefer to find your accommodation privately and avoid any agency costs, many people use supermarkets notice boards to advertise or request accommodation.

In terms of which areas of the city offer the type of accommodation you are after, Jumeirah, Umm Sequiem and the Safa Park area are upmarket and offer villa-type accommodation. Satwa and Garhoud also offer villas but are slightly cheaper. Rashidiya, Mirdif and Al Quoz are mainly Arabic areas and they actually attract a lot of expats.

If you are after an apartment the most popular areas are around Bur Dubai, the Sheikh Zayed Road with cheaper flats are available in Deira, Satwa and Karama. Some of the more exclusive apartment developments offer shared gym and pool facilities together with garaged car parking and the like.

Education

If you are considering moving to Dubai with family and are interested in finding out about the education system and the availability and quality of schools, one of the best ways is to ask around! Because of the numbers of expats in Dubai there is actually a large number of primary and secondary schools from which you can to choose. Most schools are private fee paying schools and really the best way to get an idea of the reputation of a school is to ask friends, colleagues and other expats who live in Dubai. Many of the schools also have their own websites where you can learn about the curriculum they follow, after school programs etc.

When it comes to enrolling your child in the UAE there are a few restrictions you should be aware of. For example you are not allowed to change your child's school during the academic year...unless approval is given by the Ministry of Education and the circumstances are 'special'. This means that you have to make sure the school you choose for your child will definitely suit them. Another restriction you should be aware of is that is you move to Dubai on or after the 1st May each year you can't enrol your child into the schooling system for that year. Instead you'll have to enrol for the beginning of the new school year which is usually the beginning of September.

Health

Another consideration you may have if thinking about relocation to Dubai may be the state of the health care system available there. It is fair to say that Dubai has many very well equipped hospitals and surgeries. Dubai's Department of Health and Medical Services runs Dubai, Rashid, Maktoum and Al Wasl hospitals, with Dubai Hospital one of the best medical centres in the entire Middle East. Al Wasl is a maternity and gynaecology hospital.

The Department of Health also run out patient clinics or surgeries and in addition there are a number of quality private hospitals in Dubai offering in and out patient facilities - e.g., The American and Welcare Hospitals. Overall both the private and publicly offered health care services in Dubai are first class.

Working

Working in Dubai you will enjoy a tax free salary and all shop goods can be bought at tax free prices, making it an incredibly attractive city to international workers and international companies. Job opportunities in Dubai and diverse and plentiful, particularly since the additions of the Media and Internet cities...Dubai is a city expanding its horizons at an unrivalled rate.

It is important to mention that some countries worldwide have tax laws enabling them to tax their nationals on their worldwide income. It is important to check your status with an international accountant before taking up employment in the city.

Lifestyle

Dubai has a thriving expat population who make the most of their tax free lifestyle in this amazing city of opportunity. The nightlife in the city is excellent, with cocktail bars, wine bars, themed bars and typical British or Irish pubs available, many of which offer food and entertainment as well.

High standard international cuisine is available in the city's many restaurants and if you are looking for lively evening entertainment there are numerous night clubs around the city. Some of the clubs attract international DJs; there are also Middle Eastern, Indian and Asian nightclubs offering entertainment with singers and dancers. Dubai also welcomes international touring singing and entertainment acts which cater to all tastes and ages...from traditional theatre groups to ballet, from opera to international rock and pop bands - all are regular visitors to the United Arab Emirates.

You can be assured of an exciting pace of life in Dubai and a high standard of living.

Rhiannon Williamson is an experienced publisher who has produced articles for leading travel and tourism guides and financial magazines. Her specialist knowledge about both travel and finance gives her site Shelter Offshore the unique ability to literally cover every single aspect of moving & living abroad - including the often less discussed offshore tax advantages that can be available when leaving our homeland.

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