A new report released last Wednesday by the Institute of Directors has indicated that the shale gas development could create thousands of jobs, reduce imports, generate significant tax revenue and support British manufacturing.
The report Getting shale gas working, supports the view that shale gas will be both economic and environmentally beneficial.
Colin Taylor who is the Senior Economic Advisor at the IoD and author of the report said:
“Shale gas could be a new North Sea for Britain, creating tens of thousands of jobs, supporting our manufacturers and reducing gas imports. Further exploration will be needed to assess the size of technically and commercially recoverable resources. At the same time, partnerships need to be established between industry, government and communities to ensure that development of this vital national resource benefits local people.”
The IoD report claims that:
- Investment in shale gas could peak at £3.7 billion a year which would support 74,000 jobs. This would allow jobs to be created in parts of the country, such as the North-West which has been badly hit by the recession.
- Shale gas will not only support geologist and drilling specialists but also construction workers, cement manufacturers and people working in local retail and service industries. The report also claims that shale gas could support the chemical industry and wider manufacturing.
- Shale gas production could generate significant tax revenue.
- By 2030, shale gas production could reduce gas imports by up to 37%.
The IoD findings claim that global emissions will also be lower if the shale gas supports the production of chemicals and other goods in the UK.
Category: Job News, Recruiter News
As with any career, are you willing to do what it takes? This could mean relocating your life/family to another country or by taking a much lower paid position or entry level and working your way up. If you want to be the better candidate, are you willing to invest in yourself? If you’re not, why should anyone else.
If you don’t have any work experience within the oil and gas industry another way to gain experience is through education. There are many Universities, Colleges and Training Providers who offer excellent courses relating to the oil and gas industry. Visit our Training page for further information.
After maths and English, the most common requirement to work in the oil and gas industry is to hold qualifications in science subjects. You will also need the desirable skills to match the job type you wish to do.
Working in the oil and gas industry can lead to an exciting variety of career paths. You need to draw up a list of potential jobs that interest you. You then need to do some research around the skills and qualifications required. Visit our Job Search page and look at the skills and qualifications that are listed in your chosen job.
Attend networking events and make sure your CV/Resume is up to date. The more industry related people you meet, the greater your chances are of securing the role you want through them. First impressions count, so make sure you show them that you are passionate and demonstrate your expertise.
Follow up with your new connections. Perhaps they asked for your CV/Resume? You should tailor your CV/Resume to the company and position you are interested in. Always thank those you meet for the time they took to speak with you – this will also keep you fresh in their minds for any upcoming jobs.
Below are possible career paths, note that there are many more within each category – time to do your research;
Careers in Engineering;
- Chemical Engineer
- Drilling Engineer
- Engineering Geologist
- Mechanical Engineer
Careers in Mathematics;
- Engineering Geologist
- Process Engineer
- Petroleum Engineer
Careers for Scientists;
- Production Manager
- Account Manager
- Oil Broker
How did you break into the oil and gas industry? Tell us your experiences.
We hope this helps.
Category: Careers Advice
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.