October 2018

Columns

Viewpoint: New thinking to old problems

The oil and gas industry is aging, and it is time to get wiser when it comes to training and productivity.

Mestari, Y., Honeywell

The oil and gas industry is aging, and it is time to get wiser when it comes to training and productivity. More than a decade ago, World Petroleum Council Director General Dr. Pierce Riemer warned the industry that it was on “the edge of a demographic cliff.”1 At the time, the average age in exploration and production was 50 yr old, and the industry had already lost more than 1 MM employees.2 Many more are now enjoying their retirement. Oil, gas and energy recruitment specialist Petroplan’s most recent Talent Insight Index 2017 report found that more than 20% of oil and gas professionals said the industry lacked the right talent for its growth.3 This problem is only going to get worse. In

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