There is a “candidate shortage” for the increasing levels of work being seen in the North Sea with the oil price now beyond $100.
However it remains “very unlikely” that the industry will see a jobs resurgence to cover the thousands lost during the Covid-19 pandemic.
Commodity prices have been surging even before the invasion of Ukraine, going beyond $130 last week but since retreating to below $110.
It’s a stark contrast to Brent Crude’s low of less than $20 a barrel in 2020.
According to trade body Offshore Energies UK (OEUK), some 35,000 direct and indirect jobs in the North Sea energy sector were lost due to the Covid price shock.
Many in the industry opted for early retirement or to leave the sector altogether, resulting in recruitment woes now that prices and activity levels are up.
CONTINUE READING ON ENERGY VOICE >>
Fabric Maintenance Training
We offer a wide range of maintenance-specific training courses and packages from offshore survival, medicals and all the baseline mandatory training required to work on a rig – all the way up to OPITO Blaster Sprayer, Train the Painter, Scaffolding, Rigging, Welding and Mechanical Joint Integrity (MJI) to name a few! All available with interest-free 0% finance…
Get #ShutdownSeason ready now with the UK’s biggest energy sector training provider.
Browse Fabric Maintenance Training >>
Browse NDT & Welding >>
Browse Rope Access >>
Browse Banksman & Rigger Training >>
Browse Scaffolding >>
Up to 25%-Off RRP: Browse Packages >>
