The oil and gas industry will have an exciting year in 2012 despite economic woes around the world, according to new report.
The joint report by job website OilCareers.com and oil and gas recruitment firm Air Energy says activity in Africa, the Americas, Asia-Pacific, Australasia, the Caspian, Europe and the Middle East will remain high, meaning increased pay expectations in many regions.
The study highlights the findings of a survey into the expectations for hire and pay rates in the energy industry globally. It says that surging demand for oil and natural gas is keeping commodity prices high despite political tensions in key regions, increasingly demanding exploratory environments and rising production costs.
The industry has seen a shift away from contractors to permanent workers, who are slightly cheaper and more flexible, but this could change as development activity ramps up, according to OilCareers/Air Energy.
Fabrication, operations and production workers are among the most sought-after workers but the increasingly technical nature of offshore exploration means people with science and engineering credentials are also highly prized, though difficult to find, it adds.
OilCareers managing director Mark Guest said: “Despite all the challenges . . . A number of companies are developing unparalleled project queues this year, with such investments impacting positively on the employment market.”
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