Published on Thursday 17th September 2009
Natural gas prices have risen, although the cost of crude is continuing to fall, those looking at oil and gas recruitment may be interested to discover. The New York Mercantile Exchange currently shows natural gas at above $3.00 (£2.67) per MMBtu, the Oil and Gas Journal reports. Olivier Jakob, speaking on behalf of Petromatrix, says natural gas futures have gone up by nearly 11 per cent, although the United States Natural Gas Fund has only risen by 3.8 per cent, those looking at oil and gas recruitment may be interested to discover. He tells the news provider: "The stronger part of the energy complex was natural gas, but we continue to discount this great volatility experienced during the [current] roll of the indices." In other news, Subsea 7 has announced that offshore trials have been completed for a new hot tap technology, which could enable those hired through oil and gas recruitment to perform intervention activities on underwater pipelines at both high and low pressures.
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