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Posts tagged “manpower”

By Robert Rapier on Jan 24, 2009 with no responses

What Manpower Shortage?

Much has been made of the manpower shortage in the oil industry. I have been interviewed about it, I have written about it, and I saw it first hand when I was working for ConocoPhillips in Aberdeen, Scotland. Recruiting people was very difficult, and contractors – especially process engineers – were commanding unbelievable salaries. I got so many calls from headhunters – including the companies mentioned in the story below – that I literally hated to pick up the phone for fear I was going to get tied up for 15 minutes. Well, that was then. Since oil prices have fallen, ConocoPhillips has announced they are laying off 4% of the workforce, Schlumberger is laying off 5% of their North… Continue»

By Robert Rapier on Nov 28, 2007 with no responses

Renewable Energy Tempts Workers

I saw an interesting little story today from The Glasgow Herald. I can’t find an online version, so here it is: Renewable Energy Tempts Workers By Mark Williamson More than half of the skilled staff working in the oil and gas industry may be interested in switching to work for renewable energy, according to a survey which could heighten concerns about skills shortages for North Sea firms, writes Mark Williamson. In an online survey, Eden Scott found that 52% of respondents who were employed by oil and gas firms said that they had considered or were considering a move into the renewable energy sector. The recruitment firm said almost one in five, 19%, of those respondents who were already working… Continue»

By Robert Rapier on Nov 3, 2007 with no responses

Help Wanted

We may not have yet reached Peak Oil, but we may have reached Peak Oil Workers: Wanted: Oil workers In the next three or four years, there’s expected to be a 30 to 40 percent shortage of technical and professional oil workers in the Untied States, according to Damon Beyer of Katzenbach Partners, a Houston-based management consultancy that specializes in the energy sector. Over a quarter of the industry’s highly skilled employees – petroleum engineers, process engineers, geologists, geophysicists and the like – are eligible for retirement in two years, said Beyer. Well, I won’t be eligible for retirement in 2 years, and I can see my job getting much more difficult. I already see this manpower shortage firsthand, because… Continue»

By Robert Rapier on Oct 21, 2007 with no responses

Peak Manpower

Last week I got 4 e-mails and 3 phone calls from headhunters trying to fill engineering positions in the oil and gas industry. They have a tough job right now, and it only looks to get tougher. I know, because as part of my current role, I have to recruit and hire process engineers. It has been a challenge. There just isn’t enough manpower to go around, and it is shaping up to be a big problem. An article published today explains: ‘Peak oil’ Just how long will it last? We may not be at peak oil, but we are at peak manpower in the industry. Within the next 10 years or so, there is a huge number of people… Continue»

By Robert Rapier on Jul 18, 2007 with no responses

Jim Jubak Gets Religion, NPC Endorses Peak Lite

Jim Jubak, a popular prognosticator over at MSN’s MoneyCentral, has gotten religion over peak oil: The oil squeeze has just begun “World will face oil crunch in five years.” That’s not exactly the kind of headline you want to read when crude oil is already at $73 a barrel. When things are this bad — crude prices are up 12% in the past two months as of July 12 — you don’t want to hear that they’re going to get worse. Yet that’s exactly what consumers — and investors — should expect, the International Energy Agency said in its latest Medium-Term Oil Market Report, issued July 9. The market for oil will get even tighter over the next five years…. Continue»