Deloitte: Oil industry faces high retirement numbers

Oil and gas companies are on the cusp of an unprecedented number of retiring workers, and the ranks of suitable replacements remain thin, speakers said during the 2013 Deloitte Oil & Gas Conference in Houston on Nov. 19.

In a paper released at the conference, Deloitte said the industry is looking to improve its workforce planning, talent acquisition, and retention rates.

Bruce Culpepper, executive vice-president of human resources for Shell Americas, said Shell is evaluating how it might better measure the effectiveness of employee training programs.

“Are people learning anything from the investment?” Culpepper questioned. “There is a lot of opportunity there for us to get sharper on that.”

Currently, the number of job openings for the North American oil and gas industry exceeds the number of qualified applicants, said Michelle Seale, a principal with Deloitte Consulting LLP.

“There is an uptick in retirements,” Seale said. A 2011 survey by Schlumber Ltd. estimated that industry likely will lose a net of 5,000 experienced geoscientists and petroleum engineers by 2014.

Contact Paula Dittrick at paulad@ogjonline.com.

Related Articles

DOE approves LNG exports to non-FTA countries from Oregon project

03/24/2014 The US Department of Energy conditionally approved Jordan Cove Energy Project LP’s application to export LNG through its proposed terminal on Orego...

MARKET WATCH: Front-month crude oil contract closes up, gas down on week

03/24/2014

The front-month crude oil contract ended the week higher Mar. 21 while natural gas futures prices edged slightly lower.

HSC remains closed, fuel cleanup continues after barge collision

03/24/2014 The Houston Ship Channel (HSC) remained closed to unauthorized vessels Mar. 24 as the result of a temporary emergency safety zone being established...

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected