November 2007

Trends and Resources

HP Impact: Talent squeeze forecast to delay upstream project work to 2010

Large oil and gas production projects worldwide are likely to continue to suffer delays owing to an expanding shortfall of qualified project engineering resources. Compared with the estimated number o..

Weirauch, Wendy, Hydrocarbon Processing Staff

Large oil and gas production projects worldwide are likely to continue to suffer delays owing to an expanding shortfall of qualified project engineering resources. Compared with the estimated number of staff needed to deliver projects, there could be a potential 10% to 15% "people deficit" by 2010. So finds a new analysis by Cambridge Energy Research Associates (CERA). The report's conclusion is based on a comprehensive analysis of the engineering and project management staff needed to deliver the over 400 major projects expected to come onstream over the next five years. This demand analysis was then compared to the current and expected future staff available for upstream projects from al

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