A shortage of skilled workers and regulatory differences around the world are among the biggest challenges facing the global energy industry, according to GL Noble Denton. The technical service provider to the oil and gas sector said yesterday its conclusion was based on views expressed at a gathering of energy sector bosses in Houston.
It was the second in a series of executive briefings GL Noble Denton is holding in key energy hubs around the world after a report – Big Spenders: The outlook for the oil and gas industry in 2012 – commissioned by the company.
Arthur Stoddart, GL Noble’s executive vice-president, said: “It is becoming increasingly apparent that the executives surveyed for Big Spenders were right to forecast improved performance for the oil and gas industry in 2012.
“But the industry leaders who attended our event in Houston have made it clear there are still abundant challenges facing the worldwide energy sector.”
He added: “The oil and gas industry’s regulatory and financial challenges have been brought into sharp focus over recent years.
“While there is strong optimism for industry growth, success will hinge on companies’ ability to operate to best practice in asset safety, integrity and performance in a changing market.”
