Unconventional Reserves Fuelling Recruiter Needs

MarineLink.com
Monday, June 10, 2013

Statistics suggest an industry shift to permanent positions accompanied by inflation in packages worldwide as recruiters attempt to stem the global skills gap.

OilCareers.com announced that it has seen a significant rise in the amount of roles offered by recruiters in relation to unconventional resources in the energy sector.

While shale gas owns the news agenda worldwide, regions such as Canada, Europe, Australia and the Middle East have also placed a focus on other unconventional resources such as natural gas, gas condensates, crude oil, tight gas, coal bed methane, oil sands and heavy oil reserves to help in meeting global energy demands.

Mark Guest, managing director of OilCareers.com, said, “While it is clear that unconventional reserves present an exciting prospect for many organizations, natural resources require greater levels of technology and investment from oil and gas majors accelerating the need for skills to extract these assets.

“This requirement for experienced manpower has led to a need for robust recruitment strategies from organizations. Statistics from OilCareers.com highlight that there has been a 23% increase in staff roles in comparison to a year ago, with staff roles again overtaking contract roles as the most in demand year on year.

“The shift from contract to permanent roles is a trend that can be seen worldwide as there has never been more pressure on recruiters to capture the experienced workforce.”

Canada has been heavily publicized as housing the third-largest amount of recoverable oil sands with the province of Alberta reported as containing an estimated 170 billion barrels of reserves. Investment has been recognized by the U.K., with the region signaling support for the EU import of Canadian tar sands oil.

The importance of unconventional reserves to the energy industry is further endorsed by the Middle East with Qatar owning the title of leading exporter of LNG, along with the US shale gas boom in North America. The U.K. has hopes of replicating this with it being reported that one energy company holding a UK shale gas license has vastly increased the estimate of gas that it is sitting on, with the amount thought to be enough to meet the U.K.’s needs for an estimated 60 years.

Further afield, Australia currently has 15 LNG trains in construction across the region with a mode average startup date of 2015. As a result it is estimated to overtake Qatar as the top LNG exporter by 2020. Shell, the world’s largest producer of liquefied natural gas (LNG) is reported as looking to invest up to $30 billion of investment in Australia over the next five years, cementing its place as one of Australia’s largest foreign investors.

Mark Guest added, “Such high levels of investment globally means there is a distinct need across the energy sector for individuals between the ages of 35-55 with over five years experience in order to provide a crucial passage of information to the younger generation. This is identified in The Global Oil & Gas Workforce Survey: Expectations for hires and pay rates in the oil and gas industry (H1) 2013 which revealed 20% of recruiters highlight the biggest industry training issue as the lack of skilled trainers.

“Competition between recruiters has never been greater, with organizations offering attractive packages to ensure they secure the talent needed to extract the most potential from their assets. We have seen inflation in salaries worldwide as oil and gas majors compete for experienced individuals with a skill set that is adaptable to new technologies.

“Beyond this, it is also crucial for employers to promote the oil and gas industry as an affluent and sustainable career path to ensure a flow of new entrants to the industry. Many companies already implement graduate and apprenticeship schemes as well as training and development programs to nurture and progress young talent.”

 

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

People & Company News

Top Ships Enters 3 New Charters

TOP Ships Inc., an international owner and operator of modern, fuel efficient "ECO" MR tanker vessels focusing on the transportation of petroleum products, announced

There’s Still Time for SHIPPINGInsight Award Entries

Entry submissions for the first SHIPPINGInsight Award are due Friday, Aug. 1, but organizers said they will continue to accept nominations through following week to provide some extra time.

Rio Tinto Pulls Plug on Mozambique Coal Venture

Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to an Indian joint venture, ending

Technology

There’s Still Time for SHIPPINGInsight Award Entries

Entry submissions for the first SHIPPINGInsight Award are due Friday, Aug. 1, but organizers said they will continue to accept nominations through following week to provide some extra time.

Joint Project Studies Condition-based Engine Monitoring

Classification society ClassNK announced that it will participate in a joint project together with Mitsui Engineering & Shipbuilding Co., Ltd. and MES Technoservice Co.

Resolve Maritime Academy's New Wet Trainer Facility

Resolve Maritime Academy informed it has started building a new, two-story wet trainer, larger and more expansive than its original, the L/V Gray Manatee. “We

Energy

US Crude Oil Exports Hit 15-year High

U.S. crude oil exports reached 288,000 barrels per day (bpd) in May, the highest levels since April 1999, data from the U.S. Energy Information Administration showed on Wednesday.

BOEM Extends O&G Lease Comment Period

The Bureau of Ocean Energy Management (BOEM) is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the

Rio Tinto Pulls Plug on Mozambique Coal Venture

Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to an Indian joint venture, ending

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1220 sec (8 req/sec)