• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 20 hours The United States produced more crude oil than any nation, at any time.
  • 6 days e-truck insanity
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 5 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 6 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 6 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 9 days Bankruptcy in the Industry
Shell Considers Leaving London Stock Exchange

Shell Considers Leaving London Stock Exchange

Shell's CEO has expressed dissatisfaction…

The Oil Industry Is Facing A Labor Shortage

The oil and gas industry worldwide faces a talent gap as workers contemplate moving to renewables or leaving the energy industry altogether, a survey by recruitment firm Brunel and Oilandgasjobsearch.com, cited by Reuters, showed on Tuesday.

More than half of workers in oil and gas, 56 percent, said they would look for employment opportunities in the renewables energy sector, according to the survey. Last year, that percentage was 38.8 percent, highlighting the shortages the oil industry is facing as it looks to hire again, after letting go in 2020 thousands of workers in oil and gas and related services in the supply chain.

The survey also showed that 43 percent of workers want out of the energy sector within the next five years.

As more workers look to move to renewables or to ditch the energy sector altogether, recruiters in the oil and gas business find attracting talent with the right skills increasingly difficult.

Labor shortages have already become evident this year in the U.S. shale patch and in the Canadian oil sands as demand recovers and companies put rigs back into operation.

Related: Canada's Ambitious New Plan To Save Its Oil Sands

Despite the recent uptick in oil industry employment in the United States, short-term and permanent shifts in workers’ negative perceptions of the sector have already started to create labor shortages. These shortages threaten to delay and even hinder the recovery of U.S. oil production, analysts say. More and more workers are fed up with the boom-and-bust nature of the oil industry after two major oil price and drilling activity collapses in just five years. They vow they will never again be beholden to the volatile oil markets, and have quit the sector entirely after being let go in 2020.

In Canada, the number of total jobs expected is set to rise next year, but labor constraints have already started to impact the members of the Canadian Association of Energy Contractors (CAOEC), the association said last week in an otherwise positive outlook on Canada’s drilling activity for 2022.

ADVERTISEMENT

By Michael Kern for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News