Contractors could benefit from oil & gas firms creating new job opportunities
Contractors working in the oil and gas sector will be interested to hear that a new report carried out by Lloyds Banking Group, has predicted that as many as 34,000 new job opportunities could be created in UK oil and gas firms, within the next two years.
The study, ‘Oil & Gas: Rising Fortunes 2’, found that just over three-quarters (77%) of all UK oil and gas companies are planning growth in 2013-14. But many of these firms are concerned that skills shortages within the sector could in fact slow down development.
Findings from the Lloyds Banking Group report found that companies based in Scotland are more growth orientated (83% expect growth) than companies in the north and midlands of England (75%) and south of England (74%).
Paul Flynn, managing director of energy recruitment specialist Earthstaff, commented on the findings, “There needs to be a long-term plan in place to ensure the best talent is cultivated and kept within the UK to provide the calibre of people required to compete on a global scale.
“It also needs to raise the identity of engineering within the UK and ensure that its importance and credibility cascades down to grass roots level, so that when a child starts school, instead of wanting to be like Alan Sugar, they are talking about Isambard Kingdom Brunel, Sir James Dyson and James Watt.”
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