API Touts Labor Crunch

Friday, October 19, 2007
The chief economist for the American Petroleum Institute said the energy industry is facing critical labor shortages and must reach out to new workers. John Felmy made the remarks while in New Orleans for a series of API meetings recently. Felmy said half of the industry’s aging workforce could retire within a decade and skilled employees are needed to fill jobs ranging from rig workers to scientists. However, the highest demand lies in engineers. As a result, the API is conducting a nationwide tour of engineering and technology schools in an attempt to generate interest in energy industry careers.

People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Education/Training

Coast Guard Foundation Awarded 128 Scholarships

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Danish Maritime Authority Supports Maritime Cultural Days

The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday,

South Africa Workshop Promotes Ship Energy Efficiency

An International Maritime Organization (IMO) workshop is raising awareness of the Organization’s regulatory regime dealing with improving energy efficiency and

 
 
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