June 2014

Recruitment Supplement

Skills shortages in a booming market: The big oil and gas challenge

The strains on labor capacity in oil and gas construction markets worldwide are becoming increasingly well known. These strains continue to affect forecasted project costs, and several large capital p..

The strains on labor capacity in oil and gas construction markets worldwide are becoming increasingly well known. These strains continue to affect forecasted project costs, and several large capital projects have already been delayed or canceled (see Shell’s Louisiana gas-to-liquids plant as an example) as a result of rising costs and questionable long-term profitability projections. As demand continues to increase in the face of the liquefied natural gas export gold rush, construction firms are faced with unprecedented pressures to retain and grow talent. To keep up with this extremely dynamic and competitive—if not unprecedented—business environment, US energy infrastructur

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