Home' Trinidad and Tobago Guardian : December 3rd 2014 Contents A26
Guardian www.guardian.co.tt Wednesday, December 3, 2014
A key player in the oil and gas industry is seeking one (1) qualified national and/or resident
to fill the position of:
COIL TUBING UNIT SUPERVISOR
The successful candidate will be responsible to provide guidance and training to operational staff while
adhering strictly to HSE standards.
MAJOR ROLES & RESPONSIBILITIES
• Routine preventative maintenance
Manage and coordinate Coil Tubing operational staff in problem solving and international operational
Train staff in adherence to HSE Emergency Response Systems and development of proper response
by workers to HSE emergencies, blowout prevention.
Provide up to date methods of CTU operator duties and other related projects.
QUALIFICATIONS & EXPERIENCE
Minimum of 5 years Coil Tubing Unit experience.
Extensive knowledge in Coil Tubing Unit and Well Bore clean outs.
Coil Tubing Operation Training in area of production optimization , recompletion production operations,
initial completion programs, HSE and management skills.
Demonstrated leadership and communication skills.
Relevant computer literacy.
Copies of all supporting documents must be attached to the application and submitted no later than
December 05, 2014.
Touchstone Exploration (Trinidad) Ltd.
30 Forest Reserve Road
Trinidad West Indies
A copy of your application and resume should also be forwarded to:
Chief Manpower Officer
Ministry of Labour and Small and Micro Enterprise Development
50-54 Duke Place, Duke Street
Port of Spain
UNSUITABLE APPLICATIONS WILL NOT BE ACKNOWLEDGED
GEORGETOWN---The review process
implemented by the Caribbean
Financial Action Task Force (CFATF)
and the International Co-operation
Review Group (ICRG) has been com-
pleted by several countries in the
Antigua and Barbuda, Dominica,
Grenada, St Kitts and Nevis, and T&T
have all graduated out of the CFATF/
ICRG review process. Guyana remains
the only country in the CFAF grouping
that was referred to, and is under
review at the FATF/ICRG level.
During the special ministerial meet-
ing in El Salvador, officials again urged
Guyana to implement its action plan
that was approved by CFATF s parent
body, the Financial Action Task Force
SANTIAGO---Economic growth in
Latin America and the Caribbean will
recover in 2015 and reach 2.2 per cent
on average, according to new esti-
mates unveiled yesterday by the Eco-
nomic Commission for Latin America
and the Caribbean (Eclac).
According to the regional United
Nations organization, this moderate
rise will take place in the context of
the global economy s slow and het-
erogeneous recovery, with downward
pressure on commodity prices and
little dynamism in the region s external
demand as well as an increase in finan-
The evolution of the global economy
will have different impacts among
countries and sub-regions in 2015, as
it did throughout 2014. Central Amer-
ica plus Haiti and the Spanish-speaking
Caribbean are expected to grow at a
rate of 4.1 per cent, South America at
1.8 per cent, and the English-speaking
Caribbean at 2.2 per cent.
The countries leading the regional
expansion next year will be Panama,
with an increase in its Gross Domestic
Product (GDP) of seven per cent,
Bolivia (5.5 per cent), Peru, the Domini-
can Republic and Nicaragua (five per
Several Caribbean countries
complete CFATF review
In 2014, average regional growth
was just 1.1 per cent, marking the
smallest expansion since 2009.
The region s performance shows
great heterogeneity among coun-
tries and sub-regions: Central
America plus Haiti and the Span-
ish-speaking Caribbean grew 3.7
per cent, South America 0.7 per
cent, and the English-speaking
Caribbean 1.9 per cent.
In fiscal terms, Latin America
will register a slight increase in
its deficit to 2.7 per cent of GDP
in 2014 from 2.4 per cent in 2013,
while the Caribbean will reduce
its deficit to 3.9 per cent in 2014
from 4.1 per cent last year. In
addition, the public debt of the
region s countries will remain at
low and stable levels, averaging
around 32 per cent of GDP.
regional inflation in the 12 months
to October was 9.4 per cent on
average, with a very diverse per-
formance among countries, and
the urban open unemployment
rate will register a fresh decline
to 6 per cent from 6.2 per cent
the previous year, despite the weak
job creation resulting from low
The deceleration in investment
observed since 2011, and which
showed a roughly 3.5 per cent
contraction during 2014, is an
important factor in the decline of
the GDP growth rate.
These figures were presented
during a press conference at
Eclac s headquarters in Santiago,
Chile, by the Commission s Exec-
utive Secretary, Alicia Bárcena,
and are part of the annual report
Preliminary Overview of the
Economies of Latin America and
the Caribbean 2014, which will
be published soon.
"To invigorate economic growth
and stop deceleration in the global
economy s current context entails
significant challenges for the
region," Bárcena said during the
"Among these, it is necessary
to revive domestic demand pri-
oritising the dynamic of invest-
ment. This should impact posi-
tively on the economies
productivity and competitiveness."
To that effect, Eclac proposes
expanding the countercyclical
macroeconomic architecture to
incorporate mechanisms that pro-
tect investment financing, par-
ticularly that of infrastructure,
through the different phases of
At the same time, regional inte-
gration must play a leading role
in increasing regional aggregate
demand, supporting progress on
productivity by including coun-
tries companies in regional value
chains, and strengthening the
region s ability to handle external
shocks through financial integra-
Eclac: Regional growth to rebound in 2015
Eclac executive secretary Alicia Bárcena
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