They say confidence breeds confidence and despite political, financial and environmental obstacles worldwide, the global oil and gas industry continues to gain momentum.
With 2012 set to be an exciting year, Air Energi and OilCareers.com’s latest Global Oil and Gas Workforce Survey, provides the clearest indication yet of why this year looks to be one where confidence not only returns but swells:
A massive natural gas find in Mozambique could see it replicate the potential of Angola, Nigeria and Ghana – security concerns remain but super majors’ acceptance of ‘risk for reward’ of may well prevail.
Project activity is booming in the Americas, from the tip of Alaska to the tail of Argentina. While regions around the globe have grabbed the LNG spotlight in recent months, but Latin America is not far behind.
2012 promises to be a record-breaker in Asia Pacific once again with Asian economies expected to represent half the world’s growth over the next five years and 75 per cent of the global increase in energy demand.
Australia’s labour crunch tightened with the go-ahead of the Ichthys LNG project in January – the $34 billion development will require an estimated 4,000 construction workers once in full swing. Australia is creating solutions to remain competitive.
NOCs are wading carefully into offshore developments, remaining safely within national boundaries and avoiding any potential geopolitical upset.
While Scandinavia and the UK are near to booming and mainland Europe remains cautious given the potentially calamitous economic uncertainties, the region remains a centre of excellence for the industry.
With expats outnumbering locals 9:1, employers continue to offer some of the world’s most competitive day rates and attractive incentive packages. Industry has only slowed somewhat in Syria and Egypt due to the civil unrest but other Middle Eastern countries remain largely unaffected.
View the complete Global Oil and Gas Workforce Survey H1 2012 at http://www.oilcareers.com/onstream/workforce-survey/