The Largest Oil & Energy Job Board

Boom time in North America

Posted

According to reports in the Hays Oil & Gas Global Salary Guide 2014, nearly 67% of the Oil & Gas firms in the US and Canada shall hire substantially in 2014, with emphasis being on onshore placements. - Jess Potts

The US witnessed a boom in the upstream segment in the recent past, but according to experts, that’s going to change. There was significant upstream investments in the US between 2010 and 2013, hence it’s been estimated the growth now would be in the midstream and downstream segments.

The Hays Oil & Gas Global Salary Guide 2014 forecasts that in the near future, the US would become the largest producer of Oil & Gas in the world, though it remains to be seen if they can stay at the top in the long run.

Canada has embarked on a long term strategy of fuelling growth in the midstream and downstream segments, as evident from British Columbia’s commitment to establishing 3 LNG plants by 2020. In fact, the first terminal would be operational by 2015, thereby creating over 9000 construction openings and around 800 skilled jobs in the coming years. The jobs would be spread across the BC region, including in some remote places.

The industry in Canada has devised a very innovative retention strategy, technically proficient white and blue collar workers nearing retirement are advised to shift to contract employment, thus paving the way for junior employees.

According to reports in the Hays Oil & Gas Global Salary Guide 2014, nearly 67% of the Oil & Gas firms in the US and Canada shall hire substantially in 2014, with emphasis being on onshore placements.

The onshore growth is being steered by the short term relocation of exploration and production operators from the hazardous Gulf of Mexico, with the growth being concentrated around the Lower 48 (Texas, Louisiana and Oklahoma).

The changes in legislation and technology along with a zeal to upgrade expertise in identifying and taping unconventional reserves is creating demand for Ultra-Specialist Geoscientists - Geoscientists with US specific expertise, Geologists with unconventional drilling & Geosteering proficiency and Reservoir Engineering personnel with expertise in enhanced oil recovery (EOR), such as flooding and hydraulic fracturing.

Copyright © 2016, OilFinity. All Rights Reserved. Powered by Talenetic Job Board Software