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workforce

Oil & Gas

Ensco in further job losses as onshore jobs hit

Ensco will reduce its onshore support jobs by a further 14% in a bid to streamline costs amid the continued decline in oil price. The offshore driller previously said earlier this year it had halved its onshore workforce by 50%.

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Sales boost helps TCO expand its workforce

TCO said it has expanded its workforce by a third after strong sales results for the company. The well completion technologies provider has employed eight new members of staff within the past six months for its UK base, including a new managing director. Paul Betteridge was appointed in March in response to company growth and to focus on TCO’s international expansion.

Oil & Gas

Skills must stay top of the agenda, says Opito

It is more critical than ever for North Sea oil and gas firms to keep skills at the top of their agenda, despite any layoffs caused by low crude prices, industry body Opito said. The skills, standards and workforce development organisation said there was still an over-riding need to turn potential talent into the offshore workers of tomorrow. Doing so will not just equip the industry with the people it requires when oil prices rise but also help to keep safety at the forefront of operations offshore, it added. Opito managing director John McDonald’s reminder of the importance of maintaining a competent and safe oil and gas workforce came as the Portlethen-based organisation set out its priorities for the year ahead.

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Sir Ian Wood becomes founding member of advisory group

An advisory group has been established to help the Government address Scotland’s failure to equip young people for work. Sir Ian Wood will be a founding member of the Scottish Government’s Developing the Young Workforce National Advisory Group. The oil magnate chaired the Commission for Developing Scotland’s Young Workforce, which found Scotland is “simply not preparing or equipping young people for the world of work”.

Opinion

Opinion: Fuelling the next generation – I’m not so sure about that

Wow ...12,000 new entrants to join offshore oil and gas industry in next five years headlines the industry report. Brill! But, over the same period, around 9% of the current workforce, for long said to be around 450,000 but now discovered to be 375,000 will disappear. I’m curious about the apparently sudden drop from 450,000 to 375,000 direct and induced. It doesn't seem to be explained. That’s a heck of a reduction and begs the question as to the accuracy of the old overall workforce number. I have to assume that the methodology that generated the 450,000 figure a decade or so ago was as rigorous as the one that EY has applied for this latest study.