Global Oil and Gas Workforce Survey H1 2011
H1 2011 Report
Introduction
Some 2.5 million people are currently employed in the energy sector, producing 88.5 million barrels of oil per day and responsible for $490 billion in global exploration and production budget in 2011.
Will we see the return of $100 per barrel oil? Will the real cost of future exploration and production post-Macondo be known? How long will we be able to hold out against another labour crunch?
Just how thin is the veneer of global economic stability we’re basing current decisions on? 2011 may not hold the answers to all of these questions, but the experience gained and cooperation fostered throughout 2010 will no doubt set us up for a prosperous and prudent decade ahead. We are, if nothing else, the wiser for it.
On behalf of Air Energi and OilCareers, we wish all of our industry clients, contractors and other business partners the very best for this coming year. Thank you all for your continued contributions to this report. As always, we welcome your comments and suggestions.
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