Oil Companies Vie to Plug Skills Gap That Threatens Supply

Falling raw material and equipment costs in a slowing world economy offer an opportunity for oil and gas companies to solve the problems of rising costs and delays at major projects, but the industry again finds itself confronting a longstanding enemy – a shortage of people with the skills and experience to lead these developments.

If efforts to plug the skills gap don’t succeed, senior industry executives say oil companies’ ability to tap new and challenging hydrocarbon resources fast enough to meet demand may have already have reached its limit.

Rigzone