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Managing a skills shortage
04/21/2008
For professional workers considering transfer into the oil and gas industry, conditions cannot be better.An acute skills shortage is increasing operating costs and delaying project development. The slump of the oil and gas business and related job cuts in the late 1980s and early 1990s steered students away from petroleum disciplines. The industry now faces recruiting problems as its workload climbs and its workforce ages.In the US, the number of enrolling undergraduate petroleum engineers hovered at 3,057 in 2007. Countries like China and the former Soviet Union continue to produce petroleum engineers, but importing talent from these countries creates cultural and linguistic issues.The G...
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