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Research and Reports

H1 2014 Global Oil and Gas Workforce Survey launched

 

 

OilCareers.com and Air Energi are calling for the oil and gas industry to collaborate more if it is to successfully tackle the skills shortage. This follows the publication of The Global Oil & Gas Workforce Survey 2014, a joint report on the people focussed issues facing the oil and gas industry.

 

According to the survey, which raises awareness of the people related risk in the industry and its impact on projects, engineers are the scarcest commodity with more than half of participants identifying it as the most in-demand role followed by project manager, drilling, contract administrator and geologist.

 

Air Energi CEO, Duncan Gregson, said: “The oil and gas industry is powered by a highly mobile and skilled workforce. Experienced professionals are extremely sought after, highly remunerated and are offered excellent benefits. The critical issue for the industry in 2014 will be retaining staff, which is one of the key drivers in budget-overspend and schedule delays. We must, as an industry, look to collaboration as a solution if we are to solve our on-going problems.”

 

Other key findings in the survey include 58% of respondents confirming they expect salaries to rise in 2014 and 50% predicting that hiring rates for both permanent and contract positions will also increase. 69% of those questioned believe that more must be done to promote the opportunities within the industry to younger generations.

 

OilCareers.com managing director, Mark Guest said: “Furthermore, 2014 must be the year where the industry seriously looks at the investment it is making in securing the future workers for the industry. The millennial generation holds the key to the future success of the oil and gas industry – attracting and retaining them is essential.”

 

Three-quarters of Global Workforce Survey respondents confirmed that their organisation offered internal training, although 29% of these admitted that there was not a full selection of training available.

 

Mr Guest added: “Companies don’t have a good track record of collaborating with each other when it comes to addressing the root cause of the skills shortage. If we are going to see a real and positive change in the skills gap the industry as a whole must work together on the development of education, training and local content initiatives.”

 

Also highlighted in the findings is the on-going challenge surrounding staff retention as an anticipated increase in project activity in the Middle East, North America, East Africa and Australia begins to filter through.

 

Both OilCareers.com and Air Energi are active participants within the oil and gas community and have strong links with operators and service companies.

 

Download the H1 2014 Global Oil and Gas Workforce Survey

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Preparing for your future

Life expectancy in the UK is increasing however many of us are saving less into pensions.  Last October, the government introduced workplace pensions and most individuals will be automatically enrolled.  Am I automatically enrolled?

If you were enrolled you, you’re employer and the government will pay into it.  Having a workplace pension makes saving easier and will allow you to keep living the same standard of life when you retire. 

If you opted out of the workplace pension do you have a plan b? It’s never too early to start thinking about your retirement.

Here’s how the workplace pension works;

  • Every payday a percentage of your pay is automatically put into the pension scheme for you.
  • There are 2 main types of workplaces pensions;

 

1.       Defined contribution pension schemes

Your employer will chose which pension provider to invest your money into.  When you retire, the amount you receive will depend on:

  • How much has been paid in
  • How long you’ve been paying in
  • How well the investment has done

Nearer the retirement age, the pension provider generally moves your money into lower-risk investments; if this is not done automatically you can ask your pension provider for more details. 

 

2.       Defined benefit pension schemes

These pensions are also known as ‘final salary’ or ‘salary-related’ pensions.  These pensions will give you a certain amount each year when you retire, the amount doesn’t depend on investments.

How much you get will depend on how long you have worked for your employer and your salary, the pension scheme administrator can give you more information.

  • You pay a percentage of your earnings into the scheme, your employer will also contribute and the government will give you tax relief.  Saving couldn’t be easier!

 

So, if you have opted out of the workplace pension scheme you may want to think about re-joining.

Starting your pension early will give your money time to grow, ask your employer about your workplace pension scheme today.

 

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What Does the Future Hold for the North Sea?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Certain parties will endeavour to make us believe that oil and gas in the North Sea is a dying industry and although this is intrinsically true in that the oil reserves currently under the North Sea are finite; the resources decline will be a slow and drawn out process. As it stands there is currently more oil in the North Sea than has already been produced with the only problem being getting it out the ground!

Oil fields discovered in the 70’s but deemed too hard and expensive at the time to drill are being re-approached by companies as they are able to use improved technologies. Companies are using techniques like horizontal drilling, jack-up facilities and more FPSO’s. In fact, in 2012 Xcite Energy were responsible for the project that saw the Rowan Norway Jack-up become the UK’s most northerly use of a jack-up platform and they intend to go further in the future.

Technological leaps are seeing companies in the UK and Norway create new systems to increase the life of our North Sea fields so we can ensure we get everything possible from a field before its gone. By 2015 we will see the first installation of a Subsea Gas Compression facility by Aker Solutions which will increase the life of the project an estimated 20-25 years.

So what does the future hold?

There is currently £46.7 Billion being spent on 64 active projects in the North Sea, whilst there is a further £11.5 Billion set to be spent on 87 future projects.  So the projects exist and 2012 has seen an increase in drilling with the same number of wells drilled in 2011 being drilled in the first 9 months of 2012. It’s just a case of the operators having to target more of the smaller projects.

Northern North Sea fields will be key in maintaining the North Sea as the European hub of oil and gas along with skilled engineers continuing the advances of technology.

 

Guest blog by Martin Tidbury, Key Account Manager who specialises in oil and gas for Matchtech.

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OILCAREERS.COM GLOBAL OIL & GAS WORKFORCE SURVEY RESULTS SUPPORT OIL COMPANY BOSS’S SAFETY CONCERNS

Warnings that oil industry safety standards are being jeopardised by a shortage of experienced staff are supported by a report published on, Monday 11 March 2013.  32% of respondents to the latest joint report from OilCareers.com, the international jobs board for the oil and gas industry, and partner Air Energi, a global provider of manpower solutions to the energy sector, highlighted the on-going skills shortage as the biggest threat to the sector.  The lack of skilled trainers was identified as a major training issue by over 20%.  The report confirms that heightened safety concerns due to economic instability combined with a continuing strong oil price and the on-going skills shortage, particularly in the LNG and subsea sectors, will continue to push oil related salaries upwards.

 

The Global Oil & Gas Workforce Survey: Expectations for hires and pay rates in the oil and gas industry (H1) 2013 highlights that ensuring the right personnel are on the ground in the right place will present a continuing challenge for the worldwide oil and gas industry.  The survey requested information and opinions from more than 170,000 oil and gas professionals worldwide.  The seven major oil and gas producing regions are represented in the survey with respondents being drawn from over 50 countries. More than 15,500 were either direct recruiters or senior decision makers.

 

Employee packages are seeing a general upward trend with specific emphasis being seen in areas that are considered to be high risk.  Mark Guest, managing director of OilCareers.com, said: “The recent tragic events in Algeria have served to further underline existing safety concerns throughout the oil and gas industry.  It has long been the case that positions in certain geographic areas attract a higher level of remuneration to reflect the safety issues associated with the work location.  Companies working in these locations take the security of their personnel very seriously and work to protect them and ensure their working environment is as safe as possible.”

 

Mark continued, “The 2013 H1 survey and predictions for H2 confirm these safety inflation pressures are being reflected throughout the industry.  In addition it should be noted that without the right personnel in place to train the next generation the skills shortage is likely to continue and to become a bigger problem.”

 

Ian Langley, group executive chairman of Air Energi, added: “Just over 34% of those responding to the survey perceived economic instability as being the biggest threat to today’s oil and gas industry. The skills shortage was a very close second; 32% view this as being a major challenge to overcome.  In particular the shortage of subsea and LNG personnel is being felt throughout the industry and has a knock on effect in terms of project costs and delays.”

 

View the full report at

http://www.oilcareers.com/onstream/workforce-survey/

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Watch OilCareers.com Live on US TV Show

The global oil and gas industry is experiencing a resurgence of activity, due in part to the resumption of activity in the Gulf of Mexico and the discovery of new shale oil plays, according to a joint report from OilCareers.com, the international job board for the oil and gas industry, in association with partner Air Energi, a global provider of manpower solutions to the energy sector.

 

Following the launch of its Global Workforce Survey, OilCareers.com managing director, Mark Guest, was interviewed on yesterday’s Platts Energy Week show, which airs live in Houston, Washington and other stations across the US.

 

“The development of current and new shale gas plays is a big step for the United States, and the survey signals a positive outlook for the sector with both mature and developing producing regions providing good reasons for continuing confidence and future optimism,” said Mark Guest.

 

Click here to view Mark Guest’s interview on Platt’s Energy Week show, which aired on September 30th 2012.

 

For further information visit plattsenergyweektv.com.

 

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OilCareers.com Supports Scotland’s World Cup 2014 Qualifiers

 

 

 

Scotland kicked off its World Cup 2014 bid this week with matches against Serbia and Macedonia. In front of a packed crowd at Hampden Park in Glasgow, and broadcast live around the world on Sky Sports, both matches featured an exciting new OilCareers.com digital advertising campaign on giant pitch-side LED screens.

 

We are delighted to the associated with the SFA and support our national team. We wish the Scotland team lots of luck for the next round and the remainder of the World Cup qualification.

 

 

OilCareers.com Head of Marketing, Karen Scott, was delighted with the new campaign. She said: “As a business OilCareers.com is proud to have been founded in Scotland and remains headquartered here. Football is the world’s favourite sport and we are delighted to be supporting Scotland in their early World Cup qualifiers. This is a fantastic opportunity for us engage with our audiences in a way we haven’t done before and further promote OilCareers.com to a global audience – a giant brand like OilCareers.com deserves a giant advertising campaign.”

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OilCareers.com Named Asia Pacific’s Best Job Board

 

 

 

 

 

Oilcareers.com, the world’s largest online dedicated oil & gas job board, has been named ‘Best Job Board’ at the 2012 Global Recruiter Asia Pacific Recruitment Industry Awards.

The award was presented at a gala dinner at the Marina Bay Sands hotel in Singapore on September 6 2012.

 

OilCareers.com Managing Director, Mark Guest said he is delighted for the company to be recognised with this prestigious award.

“With one million registered job seekers, and more than 8 million page impressions on our site every month, OilCareers.com has become the giant of online recruitment within the oil and gas industry, with more visitors, users, and CVs/resumes than any other specialist recruitment website,” he said.

 

OilCareers.com has been operating since 1999 and has steadily expanded it international presence. In early 2012 the company bolstered its footprint in the Asia Pacific region, with the opening of offices in Perth and Brisbane.

 

OilCareers.com has been working with both candidates and clients in Australia for many years from afar, and we are now committed to growing our business in this vitally important oil and gas economy.

“We are making a continuous and significant investment to bring new, high quality, specialist oil and gas candidates to OilCareers.com from Australia and across the globe,” he said.

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World Heavy Oil Congress

OilCareers.com is delighted to be participating in the World Heavy Oil Congress (WHOC), which will take place from 10 – 13 September at the Aberdeen Exhibition & Conference Centre.

The theme of the Congress is Improving Sustainability through Innovation and Collaboration, and will feature over 140 speakers and authors from around the world on the topics of economics, environment, technology advancement, and more, with sustainability and improving responsible methods of developing heavy oil resources both offshore and onshore, key points of discussion.

The Congress consists of a Business Conference, Technical Conference, Exhibition and numerous networking events that will gather nearly 1,000 delegates, visitors and exhibitors from more than 30 countries, including Canada, China, Colombia, France, Germany, Japan, Kuwait, Mexico, Norway, Peru, Russia, UAE, UK , USA and more.

Experts from around the world will deliver presentations both from a business and technical perspective, including China National Offshore Oil Corporation, Government of Alberta, Canada; Government of Saskatchewan, Canada; Nautical Petroleum, Nynas, Petroleos de Venezuela (PDVSA), Pemex (Mexico) and Statoil (Norway), among others.

Hosted by Aberdeen City Council, World Heavy Oil Congress has also attracted high-level local government ministers and visiting ministers from Canada, in addition to key personnel from national oil companies and independent oil companies from around the world.

“Aberdeen is looking forward to welcoming the World Heavy Oil Congress in September,” said Lord Provost of Aberdeen, George Adam. “The city is a world leader in the energy market and has enjoyed a long relationship with countries around the globe across all sectors of the industry.”

Since its launch in 2006, the Congress has become one of the strongest platforms for international oil companies, national oil companies, governments, the service sector and academic experts to navigate the challenges and opportunities related to unlocking the potential of heavy oil around the globe. WHOC has been held in Beijing, China; Edmonton, Alberta; Margarita Island, Venezuela, and now Aberdeen, Scotland.

“As Aberdeen is the energy epicenter for the UK and Europe, it is extremely fitting that we bring together the world’s leading experts to discuss the challenges related to this important resource,” says Wes Scott, Executive Vice President, dmg events, organiser of the Congress. “The committees of the WHOC at this Preliminary Meeting have come to an understanding that improving operations through collaboration and technology will help define how heavy oil is extracted efficiently, cost-effectively, in a responsible manner, in order to improve operations for long-term sustainability.”

Highlights include:

  • Business      Conference with Keynote Speakers focusing on global industry trends and      challenges (11 & 12 September)
  • Technical      Conference consisting of over 140 presentations in 5 concurrent streams on      varying topics (12 & 13 September)
  • Networking      and social events daily (10 – 13 September)
  • Short      Courses and Technical Tours of local operating facilities, including      Schlumberger and Champion Technologies

For a full list of the Business Conference and Technical Conference programme, please visit www.worldheavyoilcongress.com. Congress Delegate fees are £1,995.00 and include the Business and Technical Conferences, social events, technical tours and daily networking breaks and Keynote Luncheons.

World Heavy Oil Congress also showcases over 40 companies in the Exhibition, and professionals working in the energy industry are welcome to attend the Exhibition free of charge by registering online at www.worldheavyoilcongress.com.

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Air Energi Global Workforce 2012

Latest OilCareers.com and Air Energi Global Workforce Survey Results Announced

 

While the global oil and gas industry is experiencing a resurgence of activity, both employers and employees face a plethora of challenges, according to a joint report from OilCareers.com, the international job board for the oil and gas industry, in association with partner Air Energi, a global provider of manpower solutions to the energy sector.

 

Focusing on employment and salary trends in the energy sector throughout 2012 the report, entitled ‘The Global Oil & Gas Workforce Survey: Expectations for hires and pay rates in the oil and gas industry H2 2012’, addresses the issues affecting the oil and gas industry and what they mean for the second half of 2012.

 

The survey, now one of the most eagerly anticipated temperature checks of global employers’ perceptions of the energy industry, found operators and contractors have a largely positive outlook about the numerous, major projects underway or planned worldwide. Yet the research highlighted much concern over access to those with the necessary skills, a shortage of specific disciplines and pressure caused by local content regulations.

 

More than 170,000 oil and gas professionals were invited to participate from over 50 countries within the seven major oil and gas producing regions.

 

Mark Guest, managing director of OilCareers.com, said: “Despite significant economic challenges facing the global energy industry, the survey signals a positive outlook for the sector with both mature and developing producing regions providing good reasons for continuing confidence and future optimism.

 

“Local content regulations – where foreign operators are required to prove they have made every effort to recruit from local sources and to use indigenous business channels – are however proving particularly challenging in a number of regions including Africa, the Americas and parts of Australasia.

 

“Internationally, operators are embarking on a large number of major investments, benefitting greatly from technological advancements. Yet major challenges remain with access to skilled labour a pivotal concern, combined with a global shortage of those with the necessary experience to help companies fully realise the potential of these opportunities.”

 

Ian Langley, group executive chairman for Air Energi, said: “The global flow of labour is a highly complex equation that has historically been answered through just-in-time solutions, largely dictated by the price of oil. Operators are taking a global approach to hiring practices, while proactively recruiting or reassigning talent as it becomes available.

 

“Many have stated the importance of looking to the young stream of professionals entering the industry, and the need to provide young graduates with internships and other opportunities. Field experience and a succession of short-term global assignments have also been observed as successful methods. Fast-tracking may help, but there are no shortcuts to hands-on experience.”

 

Click here to download the full Global Workforce Survey

 

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Oil & Gas sector knows of skill shortages

Oil & Gas sector knows of skill shortages – but what exactly to do about it?

The oil & gas sector needs no educating on the severe lack of skilled engineers coming into the industry, especially in a time of major international growth and development for E&P firms. And while many companies are now successfully hitting targets on graduate and trainee recruitment, the real problem facing the industry is the recruitment of those with five years or more relevant experience – personnel able to ‘hit the ground running’ and drive forward major projects quickly and competently.

OPITO, the UK oil & gas industry’s training body, recently reported that 44% of companies are expecting significant growth this year – so where will the staff come from to fill these gaps in engineering expertise and management of project development and delivery? Skills shortages were the biggest challenge to the sector’s growth, the report found, and with around 15,000 more jobs potentially being filled in the next five years, the demand for engineers with the necessary skillset was greater than ever. Without it, wage inflation could run out of control.

In another survey carried out by a team at Robert Gordon University in Aberdeen, 110 companies were asked about their growth prospects. Nine out of 10 anticipated a boost in their international activity, with 67% expecting significant growth as a result of decommissioning work from the North Sea, plus a further 63% expected growth due to renewable energy contracts. The managing director of OPITO, David Binne, remarked that; “…spend on existing projects will… potentially rise to £40 billion… targeted at around 33 new platforms, 12 major asset modifications and 40 subsea tie-backs. This is a startling set of opportunities and our estimates suggest that over 15,000 new posts will be required over the next five years to deliver these project plans.

“Meeting that challenge and increasing the supply pool of experienced talent is critical if we are to avoid inter-company competition, cost inflation and the delay or cancellation of projects.”

Many countries in emerging and developing regions are also seeking to attract talent with the skills to implement exploration, production and delivery of hydrocarbons projects. Additionally, an increase in the number of operators venturing into new frontiers in shale gas and deep water, matched with increasing demand for LNG and the huge potential reserves identified in the likes of Colombia, Angola and the Barents Sea, brings a need for people with specific experience, particularly in the fields of specialist engineering and in the subsea sector.

According to Oilcareers.com, one of the world’s largest oil and gas careers websites, demand for engineers in the energy sector peaked this year at an astonishing 89,688 open positions. At the start of this year OilCareers.com experienced a record-breaking one million visits in a month, a first since its launch 10 years ago.

With such competition among employers for the talent out there, the suggestions are that more pressure will be placed on salaries as employees with relevant skills find themselves cherished and fought over by companies.

But, one interesting new initiative that has recently been launched to assist employers struggling to recruit talent might hold some answers.  A dedicated energy recruitment and workforce development show is to be co-located with the ‘Gastech’ international conference and exhibition this October in London, which will offer a unique opportunity to engineers wishing to learn about many global opportunities available, and of the employers out there who are hiring. More than just a recruitment fair, the ‘ignite!’ show is dedicated to helping employers from around the world source talent for specific projects, matching skillsets to specific regional projects being developed.

Taking place during the ‘Gastech’ international conference & exhibition on the 8th – 11th October, at the ExCel centre in London’s docklands, the ‘ignite!’ show has already proved a huge hit with employers and potential skilled candidates alike, with over 30 major global operators, producers and engineering contractors sharing employment opportunities in their key global projects, and around 3,000 interested candidates expected to visit the stands and training seminars on offer.

It is clear that as companies focus more urgently on their engineering recruitment, the competition for securing the best talent available has never been greater.

To learn more about the ‘ignite!’ show please visit the website:  www.igniteyourcareer.com

 

 

 

 

 

 

 

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Disclaimer: Any views here do not necessarily reflect the views of OilCareers Ltd. As such we cannot be held responsible for the views expressed here or any actions taken as a consequence.