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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Hapag-Lloyd, CSAV Merger Finalized

Hapag-Lloyd and CSAV binding agreement signed / In return for contributing its container business, CSAV becomes new core shareholder of Hapag-Lloyd / Hapag-Lloyd

MAS Debuts Exclusive Armor Systems

Following on from the continued success of the product, Marine Armor System (MAS) announced its global launch and updated website. MAS is a nonlethal vessel

All Items Approved at Stolt-Nielsen Meeting

Stolt-Nielsen Limited announced that all agenda items were approved and all nominated directors were elected at its Annual General Meeting of shareholders held yesterday in Bermuda.

Offshore

USCG: Deepwater Horizon Response is Far from Complete

The U.S. Coast Guard federal on-scene coordinator (FOSC) for the Deepwater Horizon Response completed the transition to the “Middle Response” (“Middle R”) process

Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger

GoM Drill Rig Damaged, Coast Guard Monitoring

The U.S. Coast Guard (USCG) is overseeing response efforts, as the offshore drilling rig ENSCO 8506 began taking sea-water into a ballast tank after being hit by

Energy

North Sea: Potential VLCC Moves to South Korea

North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two potential VLCC shipments to Asia

Petrobras, Mitsui Study South Brazil LNG Import Terminal

Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state,

USCG: Deepwater Horizon Response is Far from Complete

The U.S. Coast Guard federal on-scene coordinator (FOSC) for the Deepwater Horizon Response completed the transition to the “Middle Response” (“Middle R”) process

Middle East

Damen Launches Kuwait Oil Company’s New Tug

First of 14 ASD Tugs launched at Damen Shipyards Galati The Kuwait Oil Company’s (KOC) new ASD Tug 3212 was launched end of March at Damen Shipyards Galati, Romania.

Attestation / Endorsement services for seaman in UAE

The Maritime Administration of the United Arab Emirates has introduced services for the attestation of seaman contract and issuance of oil/chemical/gas tanker endorsement.

Libya's Zawiya Oil Port Reopens

Libya's western Zawiya oil port has resumed operations after protesters vacated the entrance to    the facilities and the adjoining refinery will restart in about 24 hours,

Offshore Energy

North Sea: Potential VLCC Moves to South Korea

North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two potential VLCC shipments to Asia

USCG: Deepwater Horizon Response is Far from Complete

The U.S. Coast Guard federal on-scene coordinator (FOSC) for the Deepwater Horizon Response completed the transition to the “Middle Response” (“Middle R”) process

Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger

 
 
Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar 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: 0.2037 sec (5 req/sec)