OTC: Strategies considered for the personnel shortage

Oil and gas professionals believe they need a combination of strategies to counteract their industry’s personnel shortage.The problem, said panelists at an Offshore Technology Conference session May 4, is most critical in the US upstream sector, in which the average age is 49 years and from which a record number of retirements is expected in 5-10 years.Greg Guidry, Shell Oil Co. Gulf of Mexico East asset manager, cited a 2004 American Petroleum Institute survey that showed that in 5 years the shortage of engineers and geoscientists relative to expected needs will be 38% and of operations, maintenance, and instrumentation-electrical workers, 28%.Panelists agreed that solutions depend...

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