Skills shortage threatens to stall oil and gas boom

A significant skills shortage in the oil and gas industry is threatening to stall the oil and gas boom that is occurring. The industry has stretched its resources to breaking point, say consultants at Booz Allen Hamilton (BAH).

“From the industrial platforms of oil rigs to air-conditioned design offices, the oil and gas industry is confronted with a shortage of brawn and brains so severe that it threatens to stall exploration and production growth around the world,” argue BAH’s Karim Sabbagh, head of marketing, Middle East, and Ren Stephan, who is leading marketing for the firm’s energy practice.
“The importance of the oil industry to Middle East economies cannot be underestimated,” said Sabbagh. “The oil and gas industry in this region cannot afford to be stunted by something as basic as acquiring a competent workforce. This is a problem that can have considerable consequences to this region.”

Khaleej Times