Athens Group's Increased Revenue, Growth Spurs Hiring Initiative

Today, Athens Group, an independent consulting company that specializes in software-related risk mitigation and problem remediation for drilling and rig control systems, announced a 66% increase in year-over-year sales during 2008 and a significant increase in booked business for 2009.

New customers included Stena Drilling, Ocean Rig, Eni/Saipem, Total Nigeria, Encana, Anadarko and Nexen Energy. Repeat customers included Transocean, BP, Maersk Drilling, Total, Parker Drilling, Ensco, Repsol and Hydril. This customer activity indicates a strong understanding of the benefits of Drilling Technology AssuranceSM Services (DTA).

"Drilling contractors and operators are too often forced to take rigs before they are really ready," said Mike Haney, CEO at Athens Group. "The combination of demand exceeding supply, immature drilling software systems and engineering processes, and a shortage of qualified software engineers in the industry has resulted in longer schedule delays and a greater number of costly equipment failures. Some of which have resulted in safety incidents. Our customers rely on us to help them ensure that they are doing everything possible to reduce the costs associated with non-productive time and to safeguard their workers and the environment."

While shipyards know how to build vessels, they don't have the same level of expertise integrating the highly-automated drillfloor equipment needed to tackle today's complex drilling environments and meet ever-changing environmental, safety and reporting regulations. The number of semi-subs and drillships scheduled to be delivered in 2009 (33) and 2010 (24) is three and two times greater respectively than the number
delivered in 2008 (11). Add to that an additional 36 and 25 jack-ups scheduled for delivery in 2009 and 2010 versus 23 in 2008, and the many vessels being built for the Marine industry. With this increase in volume, shipyards will be even more hard pressed to keep their deadlines, making schedule delays and equipment failures more likely.

As a result of the company's continued growth, Athens Group is currently searching for candidates for DTA Services consultants to assist industry-leading customers in reducing software-related equipment failure and non-productive time on their automated rigs. Resumes should be sent to careers@athensgroup.com.
 

Related Companies
 Company: BP plcmore info


 - BP Says It Is Considering IPO of US Pipeline Assets (Jul 18)
 - Total, BP Unit, YPF Boost Investment in Argentina's Vaca Muerta (Jul 18)
 - Big Oil Sees Salvation in Gas, But What If It's a Wrong Bet? (Jul 18)
 Company: ENSCO International Incorporatedmore info


 - Keppel FELS Clinches $265M Contract from Ensco to Build a Jackup (Nov 21)
 - NOV, Ensco CEOs to Resign (Nov 14)
 - Diamond Profit Beats Estimates, but Rig Delays Weigh on Shares (Oct 24)
 Company: Maersk Drillingmore info


 - Maersk to Limit Investment in Energy Businesses until Separation (Dec 13)
 - Maersk Oil Begins Culzean Drilling Campaign (Sep 29)
 - Maersk Highlander Ready for Action (Aug 19)
 Company: Nexen, Inc.more info


 - Alberta Regulators Charge Nexen Energy Over 2015 Pipeline Spill (Jul 6)
 - Cenovus Drops Most Ever as $13.3 Billion Deal Ramps Up Risks (Mar 30)
 - UKCS Oil, Gas Extraction Drops 10% (Dec 8)
 Company: Total S.A.more info
 - Total, BP Unit, YPF Boost Investment in Argentina's Vaca Muerta (Jul 18)
 - Big Oil Sees Salvation in Gas, But What If It's a Wrong Bet? (Jul 18)
 - S.Korea's Hanwha Total Says Naphtha Cracker Shut After Lightning Strike (Jul 17)
 Company: Anadarko Petroleummore info
 - Anadarko Becomes First US Oil Producer To Slash 2017 CAPEX (Jul 24)
 - Blast Backlash Hangs Over Drillers as 'Fractivists' Seek Limits (Jun 13)
 - Colorado Oil Tank Fire Kills One, Injures Three (May 26)
 Company: ENImore info


 - Mexico Delays Next Oil Auction to Let Huge New Find Sink In (Jul 17)
 - Trump Administration Approves Eni Plan To Drill Offshore Alaska (Jul 13)
 - Total To Drill For Gas Off Cyprus Despite Collapse Of Peace Talks (Jul 12)
 Company: Transocean Ltd.more info


 - Transocean Notes Management Changes (Dec 3)
 - Transocean Has A Third Of Deepwater Rigs Seeking 2014 Work (Nov 21)
 - Transocean's Alaska Rig Contract with Shell Starts July 2014 (Nov 19)
 Company: Repsol more info
 - SBM Offshore, Repsol to Get $247 Million in Yme Insurance Settlement (Jul 17)
 - Repsol Sinopec Flows First Oil from North Sea Shaw Field (May 9)
 - Spain's Repsol Aims To Cut Debt By A Further 16% In 2017 (Feb 23)
 Company: Parker Drillingmore info


 - Parker Drilling Appoints 2 New Board Members (May 1)
 - Parker Drilling Names Interim CEO (Mar 6)
 - Parker Drilling Wraps Up Alaska Drilling Rigs (Jan 17)
 Company: Saipemmore info


 - Saipem Shares Up on Report Seadrill May Buy Offshore Arm (Nov 18)
 - The Sour Gas Eating Kashagan Oil Profits (Nov 15)
 - At Least One Worker Injured in Scarabeo-5 Fire (Sep 20)
 Company: Ocean Rigmore info


 - Ocean Rig Wins $1.3B Letter of Award for Newbuild Drillship (Jul 23)
 - ExxonMobil Pens Ocean Rig Semisub for Dunquin Drilling (Sep 13)
 - Ocean Rig Preps Drillship for Petrobras Ops (May 17)
 Company: EnCanamore info
 - Canada's Encana Smashes Profit Estimates, Shares Rise (Jul 21)
 - Encana To Sell Natgas Assets To Caerus Oil For $735MM (Jun 9)
 - Encana Boosts Capital Spending By 50% Amid Oil Recovery (Feb 16)
 Company: Stena Drillingmore info


 - AWU Urges Workers Not to Return to Stena Clyde Rig Offshore Bass Strait (Aug 31)
 - Two Workers Die in Origin-Related Rig Accident Offshore Bass Strait (Aug 29)
 - C-NLOPB Tightens Regulations for Orphan Basin Drilling Program (May 20)
 Company: Hydrilmore info
 - GE Oil & Gas Consolidates Operating Company Brands (May 1)
 - Athens Group's Increased Revenue, Growth Spurs Hiring Initiative (Feb 19)
 - McObject Brings High Availability Data Management to the Ocean Floor (Dec 12)
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Sr. Administrative Assistant
Expertise: Secretarial or Administrative
Location: Houston, TX
 
International Accountant
Expertise: Accounting
Location: Downers Grove, IL
 
Mechanical Eng
Expertise: Operations Management
Location: Industry, TX
 
search for more jobs

Brent Crude Oil : $48.6/BBL 1.12%
Light Crude Oil : $46.34/BBL 1.24%
Natural Gas : $2.9/MMBtu 2.35%
Updated in last 24 hours