Financial

  • In 2014 companies invested £14.8bn in new infrastructure
  • And spent £9.6bn operating it’s installations
  • Since 1970, the Oil & Gas Industry has paid nearly 1/3 of a trillion pounds in taxes

Energy

  • 97% of the UK’s transport sector relies on Oil
  • By 2030, 70% of the UK’s total energy is still expected to come from Oil & Gas
  • The UK produces 1.42 million barrels of oil a year and is forecast to increase in 2015 for the first time in 15 years
  • Estimated to be 22 billion barrels of oil left in the UK’s offshore areas

Major Employer

  • 400,000 jobs – 1:80 UK Jobs
  • 7% are offshore, 93% onshore roles
  • 55% of jobs are in England with 45% in Scotland.
  • 17% of workers are in the North East of England

Innovator

  • 36,000km’s of pipelines connecting 300 platforms to the shore
  • 4,000 exploration and appraisal wells have been drilled since 1965
  • Some Oil & Gas platforms are higher than the BT Tower
  • The accuracy of drilling is the equivalent to delivering a letter through a letterbox in Edinburgh…. From London

Key Skills, as told by the industry

  • Ability to learn 69% Very Important
  • Teamwork 61% Very Important
  • Communication 60% Very Important
  • Work Ethic 58% Very Important
  • Technical Skills 57% Very Important

 

http://www.spe.org/industry/docs/12Training-and-Development-Survey.pdf