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 August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Joe Pyne Joins DHT Holdings’ Board of Directors

Crude oil shipper DHT Holdings, Inc. announced today that it has appointed Joseph H. Pyne to its board of directors, expanding the board from three to four independent directors.

TEN Charters Tanker at 20% Premium

Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price

Huntington Ingalls Cites Interest in Building US Icebreakers

Huntington Ingalls Industries Inc, which builds aircraft carriers and U.S. Navy warships, on Tuesday said it was keen to bid to build new icebreakers for the U.

Offshore

Latest ShipConstructor Update Targets Offshore

With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management.

MODEC FPSO Achieves First off Brazil

MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil,

AFBO to Provide Security in Arctic Waters

State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the

Energy

Nigeria Ramps up Push to Eradicate Oil Theft

Nigerian authorities hope to put an end to rampant oil theft in eight months by increasing drone and naval monitoring of territorial waters and working with local communities,

MN: Corvus Energy

The Company: Corvus is a manufacturer of proven, high power Energy Storage Systems (ESS). Its field proven battery systems provide power to hybrid and fully electric marine propulsion systems.

Brent Crude Falls More than 7 Percent

Brent crude futures tumbled more than 7 percent on Tuesday, falling back below $50 a barrel as data highlighting China's contracting manufacturing sector revived

Middle East

Oil Exports Could Push US Gasoline Prices Lower

The price of U.S. gasoline could fall if Washington were to allow crude oil exports, an independent government report on Tuesday concluded, adding political firepower

First Damen Twin Axe Workboat for Middle East

Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

Offshore Energy

MODEC FPSO Achieves First off Brazil

MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil,

First Damen Twin Axe Workboat for Middle East

Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is

Harkand: Expanding the Fleet, Growing a Global Business

International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO,

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 1.2040 sec (1 req/sec)