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Demand for topnotch technical skills in (The Middle East) of Latin America – Brazil & Colombia


Demand for topnotch technical skills in (The Middle East) of Latin America – Brazil & Colombia - Jess Potts

The big players in the South American Oil & Gas sector – Brazil and Colombia are facing an acute shortage of engineering expertise, thereby offering the globally placed technical talent pool, a wonderful career opportunity. Though the technical skills of the regional work force is at par with the international standards, the regional oil firms are not able to compete with the international Oil & Gas firms on the basis of salary alone, and hence find it difficult to retain them. Therefore, the regional firms have embarked on a strategy of offering robust remuneration benefits such as retirement plans, medical and schooling. This has resulted in migrated work force returning from global hotspots such as Europe, Asia and other parts of North America significantly.

One of the major stumbling blocks for the long term growth in Brazil is the policy paralysis that’s delaying infrastructure investments. But, according to an article in the Hays Oil & Gas Global Salary Guide 2014, the Brazilian government is in the process of approving big ticket investments in infrastructure. Once the decision is made, it would throw the door open for massive inflow of global capital in the infrastructure sector, which would result in large scale recruitment of construction and infrastructure work force.

Colombia offers an excellent environment for investment in the form of a stable government, sound policies and significant institutional assistance. Again, the country has an excellent technical work force, which has driven growth opportunities in the upstream Oil & Gas sector. Several Oil & Gas global majors have set up their bases in Colombia.

Other destinations with growth prospects in the long run are Mexico and Chile.

Mexico has recently allowed the entry of international firms, which would potentially mean increased permanent and contract job opportunities in the country.

The emphasis in Chile is on unconventional resources. At present, the substantial mining sector is able to meet its human resource needs, through locally available talent (geoscientists, engineers and blue collar workers); the situation could change in the near future due to increased economic activity.

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