Expats Keep Middle East Energy Sectors Ticking Over

MarineLink.com
Monday, November 11, 2013
Image courtesy of Seadrill

The Middle Eastern oil and gas industry is still highly dependent on foreign workers with over half of the industry’s labour force coming from the expatriate community according to latest research released by international jobs board OilCareers.com.

The research, commissioned by OilCareers.com from leading oil and gas analysts Douglas-Westwood, indicates that the trend is unlikely to change in the short to medium term as the region looks to meet project demand, despite various educational initiatives by the UAE to increase the proportion of nationals entering the private sector.

OilCareers.com managing director, Mark Guest said: “These latest findings are certainly exciting for job seekers.  For those already based in the Middle East, it opens up wide ranging possibilities for career progression and change. For those looking to experience work in an area with attractive employment packages and stable prospects, this is an excellent time to capitalise on the available opportunities.”

The research also indicates that recent new investment and developments in the region, most notably from brownfield projects in Iraq and the exploration of the deepwater Tamarfield offshore Israel, are having a major impact on the number of jobs in the Middle East with new projects like these expected to contribute 58% of the total jobs market.

Data from this new research would appear to back up the findings of the Global Oil & Gas Workforce Survey conducted in the second half of 2013 when 88% of respondents said they expected total hires in the region to either increase or stay static.

The workforce survey, which is produced in collaboration with Air Energi and released twice a year, offers insight into job related trends in the oil and gas industry.

Mark Guest added: “The level of activity in the Middle East remains strong with recent developments only adding to the region’s prospects as a hydrocarbon producer and employer. Iraq continues to open its door to foreign investment to improve its lagging downstream infrastructure and increase production from its significant reserves.  Overall, the employment outlook for the region remains positive with high levels of demand for construction and operational roles.”

Mr Guest concluded: “The requirement for construction and operations and maintenance roles is predicted to be the highest, with over 90% of future vacancies in the region expected to relate to these job functions.”

www.oilcareers.com

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

TT Club Reports Robust Financial Results for 2015

TT Club has announced its financial results for the year ended December 31, 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year.   Knud Pontoppidan,

Offshore

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Østensjø Rederi Orders Another Wind Farm Vessel

Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi.

Energy

Strike In France: Implications for Tanker Demand

After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing

Floating Storage Flattens Fortunes of $50 Crude

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism,

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy

Middle East

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

Danelec Bags Multiple VDR Orders in Middle East

Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East.   The

Maritime Turkey Set for a Tailwind

Turkey is strategically located, straddling both Europe and Asia with substantial number of Black Sea and Mediterranean Sea ports, thus making maritime trade and

Offshore Energy

Strike In France: Implications for Tanker Demand

After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing

Floating Storage Flattens Fortunes of $50 Crude

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism,

Höegh LNG FSRUs on Strong Ground

Höegh LNG is upbeat on the group’s FSRU prospects as its profit rise comes on the back of an almost tripled average regasification flow rate on Höegh LNG’s FSRU

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1466 sec (7 req/sec)