How can a multi-trillion dollar industry experience a skills gap?”
Imagine a world without energy…
… Imagine a world without the people to harness that energy – the talent to FIND – PRODUCE – REFINE our energy. A world with no iPhone, no vehicles being made or powered, no plastic cup to drink from, no plastic to make that pen, no power to supply the screen you’re reading this on…
Oil and gas – amongst other natural resources – make up one of the world’s largest commodities. This multi-trillion dollar global industry provides many of the things we take for granted. Our series of blogs will provide an insight into this global industry and take you through a journey. We’ll cover: “What is oil and gas?” (how do we FIND it, how do we PRODUCE it and how do we REFINE it), “Who works in this industry?” (we’ll break this down by functions and disciplines and prove it’s not all about OFFSHORE workers), but ultimately we want to show you how to make decisions now for entering the industry in the future.
Right now, the Energy industry is enduring a ‘skills gap’ and this skills gap, exists due to a combination of several factors but can be strongly linked to the fact that the industry revolves around the price of a barrel of oil and the influencing factors around this price tend to dictate the whole industries’ success.
For Operators and their supply chain to be profitable, the price of a barrel of oil generally has to be over $100, however it is currently sitting around $45/per barrel and that has an adverse effect on the industry as it means the cost of getting oil out of the ground is more than the operators can sell it for. Over a sustained period, a poor oil price may lead to companies cutting costs and ultimately this sometimes leads to people leaving the industry; and with that – talent. We’re calling on you to fill this gap, we need people to FIND, PRODUCE and REFINE our vital resources; not just within the North Sea but globally!
Having the safety certification in order to get offshore, doesn’t guarantee a place in the industry. Nowadays, practice makes perfect; the more experience you have – the more diverse that experience – the more avenues will open. This is a vast industry that has several routes to entry but also has several runs within it and diversity is certainly something it offers. Let us break it down into FIND, PRODUCE and REFINE and go through some of the functions within these stages of industry.