SOURCE: OilCareers.com

OilCareers.com

July 13, 2011 11:26 ET

Training Is Key for a New Era in Energy Production According to OilCareers.com and Air Energi Survey

Joint Report Encourages a Shared Responsibility in the Recruitment and Retention of a Global Workforce

HOUSTON, TX--(Marketwire - Jul 13, 2011) - Surging demand for oil and natural gas will see an influx in investment and rise in activity across 2011. This is expected to create an increase in global hiring according to a joint report from OilCareers.com, the international jobs board for the oil and gas industry, in association with partner Air Energi, a global provider of manpower solutions to the energy sector.

Focusing on employment and salary trends in the energy sector the report entitled 'The Global Oil & Gas Workforce Survey' said, "Expectations for hires and pay rates in the oil and gas industry (H2) 2011 addresses the issues likely to affect the oil and gas industry across the second half of 2011."

While the 'great crew change' remains high on the agenda, the familiar focus on recruitment and retention will be joined by a third component, training. Emerging technologies and increasingly technical offshore and deepwater plays in relatively remote corners of the world will demand the very best of project teams and workforces. Companies are being encouraged to co-operate in the sharing of knowledge, resources and best practice as the industry enters a new era of energy production.

Hires across Africa, the Americas, Asia Pacific, Australasia, Caspian, Europe and the Middle East are expected to increase with specific demand for LNG and engineering expertise most prevalent.

The energy industry has faced challenges this year, from mounting political tension in the Caspian and Middle East regions, a track record of poor infrastructure in Africa (despite the region's tremendous potential scope for exploration and production) and natural disasters in South America and the Asia Pacific regions. However, a more resilient economy and high global demand has seen a continued increase in momentum worldwide.

The U.S. is seeing a rebound in its energy economy as a result of the moratorium in the Gulf of Mexico being lifted and an increased momentum in shale gas plays. The market is becoming more candidate-driven though rates remain largely balanced for the moment. Employers are taking a more guarded approach to manpower costs, rather than enforcing caps on contractor rates. Many companies are increasing their number of direct hires to manage these costs near and long-term.

Design work out of the U.S. has also picked up significantly, both in support of offshore new builds as well as LNG projects here and abroad. LNG terminals that have sat largely idle for several years are now being converted to export terminals.

"Unequivocally, the major concern across the board is workforce, with rising activity creating demand for staff despite the challenges caused by political unrest, regulatory uncertainty and natural disasters across the first half of the year," said Mark Guest, managing director of OilCareers.com. "What is clear from this report is that the oil and gas industry needs to focus now on the future challenges it faces to ensure it is best placed to take advantage of the opportunities available."

"The Air Energi-OilCareers.com survey provides an indication of the trends that the industry can expect to see across the remainder of the year, with the focus on ensuring that optimization and quality of a worldwide workforce is maintained during a period of high turnover and stiff competition," said Ian Langley, group executive chairman of Air Energi.

"While we have observed several contingency plans being rolled out across some regions to ensure the requisite workforce is available, what is universal is that more needs to be done," added Langley.

View the full report at
www.oilcareers.com/onstream/workforce-survey

About OilCareers.com Launched in 2000, OilCareers (www.oilcareers.com) was one of the first niche job boards targeting the worldwide oil and gas segment. The business attracts an international client and candidate base and carries around 11,000 jobs per month for an impressive range of clients, including many of the world's leading oil operators and service companies.

About Air Energi

Air Energi (www.airenergi.com) has been a trusted provider of expertise to the energy sector for over three decades, employing over 2,000 consultants and is now operational in over 50 countries. We aim to build long-term relationships with all our partners, to help achieve a commercially satisfactory outcome to every project and to maintain those relationships on successive projects into the future. Our unique consultancy approach, problem-solving skills and comprehensive service provision enables us to provide significant benefits to our clients and puts us at the forefront of international energy projects.

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