The demand for skilled professionals in the oil and gas industry remains high around the world despite the global markets’ reaction to the European debt crisis, according to the Hays Oil & Gas Quarterly Report.
The Report, which covers July to September 2012, shows the demand for energy is keeping the industry busy with more and more projects under way and expansions planned around the globe. This also means more jobs in the industry, especially Geologists and Petro-physicists, and there’s also a strong demand for reservoir engineering and drilling staff.
The Report reveals hotspots of hiring demand and employment trends for 12 countries around the globe.
In the United Kingdom, the Report points to a very active market. “Two key themes have emerged over the last two quarters,” says Matthew Underhill, Managing Director of Hays Oil & Gas. “The first is the heavy reliance on temporary contractors for the bulk of project work, and how companies are dealing with this additional cost; the second is diversity and inclusion, and both will remain strong themes throughout the remainder of 2012 and 2013.”
Multinational corporations are continuing to target the Asia Pacific, which should ensure the region’s growth. Singapore is being driven by a strong market in construction of FPSO and topside structures while Malaysia and Indonesia are looking at deepwater field exploration. “However, there’s still a strong drive to recruit returning Asia Pacific nationals ahead of expatriates,” says Matthew.
Australia’s market remains buoyant with Queensland and Western Australia powering the continent’s oil and gas industry. The Report notes that massive projects requiring specialised employees have increased the recruitment drives in those states.”In the west there appears to be more of an appetite for overseas hires, particularly from the UK and Canada,” says Matthew. “Some companies are choosing to offer more apprenticeships and graduate recruitment.”
Several ongoing projects in their initial stages is driving recruitment in China while discovery and ongoing development of significant gas resources have changed the import picture for India, which is set to overtake Singapore as Asia’s top exporter of refined fuels. “The energy demands of the country are also such that there continues to be recruitment demand in exploration and production, and the refining sector,” says Matthew.
In South America, the Report points to enormous development and growth. “Employers in Colombia look at technical expertise and English language skills, and candidates with internal experience are highly regarded,” says Matthew.
The Canadian oil and gas sector continues to perform strongly. “Companies in Canada are starting to look at permanent staff as opposed to taking on contract staff and are trying to attract new hires by developing better benefits packages such as pensions, share schemes and bonuses rather than focusing just on the base salary.”
Meanwhile, the United Arab Emirates is rethinking its current strategies in the oil and gas industry. “Visa restrictions have relaxed and companies are beginning to look at candidates in Canada, Central and Southern America to meet their staffing needs.”
According to the Report, there are no signs of activity slowing in the Russian oil and gas sector despite falling oil prices and financial instability across various regions. “Companies are dedicating a lot more resources to the development of current employees’ rotation and succession planning,” says Matthew. “They’re also driven to retain talent, which is reflected in the rising number of counter offers.”
Skills in demand
The Hays Quarterly Report reveals high demand for the following skilled professionals:
- Civil Supervisors, H&S Advisors and Environmental Consultants (east coast)
- Environmental Specialists and Advisors, and Discipline Engineers, Integrity
- Engineers and senior level Managers (west coast)
- Geophysicists, Geoscientists, Reservoir Engineers and Senior Drilling Engineers
- Design roles in structures, process, automation and Electrical Engineering
- Project Controls Leads, Planner/Schedulers, Senior Project Engineers
- E&P Geologists, Petro-physicists, Reservoir Engineers, Drilling Engineers and Geo Modelers
- Geologists, Geophysicists, HSEQ experts
- Geologists, Petro-physicists, Reservoir Engineers, Drilling Engineers and Geo Modellers
- Candidates with drilling, cementing, well completions and field construction experience
United Arab Emirates
- Candidates who are able to coach, mentor and train others
- Geophysicists, Subsea Installation Engineers and Offshore Structural Engineers with Jackets experience
Please see the full Hays Quarterly Report for the full details of skills in demand and current market trends at http://www1.hays.com/oil-and-gas/market-update.aspx.
Hays, the world’s leading recruiting experts in qualified, professional and skilled people.
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About Hays Hays is the leading global specialist recruiting group. We are the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in Asia Pacific and the UK and one of the market leaders in Continental Europe and Latin America. We operate across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments.
Hays employs 7,988 staff operating from 247 offices in 33 countries across 20 specialisms. For the year ended 30 June 2011, Hays reported net fees of £672 million and operating profit of £114 million and placed around 60,000 candidates into permanent jobs and around 190,000 people into temporary assignments. 31% of Group net fees were generated in Asia Pacific.
Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Chile, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the UK and the USA.
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