Oil and gas jobs dubai 2015


Asia and the Middle East both show an increase in hiring activity compared to the previous quarter, albeit below Q1 The Index was established in when it was set at 1; all subsequent months have been compared to this benchmark. The figures from January to March Q1 inclusive reveal:.

Businesses such as Saudi Aramco are hiring western expats with specific unconventional experience and for infrastructure projects, which has helped stabilise the Index. The job market is expected to remain relatively strong throughout Q2 and Q3, but it is still too early to tell if the Index will return to levels.

The full effect of the oil price decline is starting to take hold and projects with unfavourable economics are being cut or delayed. On the positive side, LNG projects on the Gulf Coast are still hiring the talent required to drive towards operational status. The continuing energy reforms in Mexico and the announcement of Round One tendering scheduled later this year should have a positive effect on the Index in Q3. The cost of producing North Sea oil and the slow up-take of fracking and shale exploration in the region take their toll on the job market.

With the approaching UK general election in May , the new government is expected to come under pressure to revise tax reforms in order to kick start UK oil production. Western sanctions, coupled with the fall in oil prices have resulted in the CIS Job Index dropping to the lowest levels in six years. Russia has turned its attention to Asia, particularly China, both for financial investment and the talent needed to complete projects, in turn securing the revenue it so desperately relies on from oil and gas exports.

The rising cost of production on the one hand and the decline in oil prices on the other are causing employers to put a hold on hiring activity, causing the Index to drop below Q1 levels. Africa is expected to represent 15 per cent of global offshore capital expenditure during , up 10 per cent from levels.

The first quarter has been stronger than other regions. However, due to the downturn in the oil and gas market, Q1 bucks the trend. The Index, which charts the number of jobs posted on key oil and gas job portals across the world, dropped from 1.

The effect of the downturn is now being fully realised, as operating and service companies across all oil and gas regions implement strategies and cost measures to ensure they remain profitable. Cost saving measures will impact hiring plans, however, decisions made today will shape the future labour force so it is important for employers to hire strategically to avoid creating a future skills gap.

Asia and the Middle East both show an increase in hiring activity compared to the previous quarter, albeit below Q1 The Index was established in when it was set at 1; all subsequent months have been compared to this benchmark. The figures from January to March Q1 inclusive reveal:. Businesses such as Saudi Aramco are hiring western expats with specific unconventional experience and for infrastructure projects, which has helped stabilise the Index.

The job market is expected to remain relatively strong throughout Q2 and Q3, but it is still too early to tell if the Index will return to levels. The full effect of the oil price decline is starting to take hold and projects with unfavourable economics are being cut or delayed. On the positive side, LNG projects on the Gulf Coast are still hiring the talent required to drive towards operational status. The continuing energy reforms in Mexico and the announcement of Round One tendering scheduled later this year should have a positive effect on the Index in Q3.

The cost of producing North Sea oil and the slow up-take of fracking and shale exploration in the region take their toll on the job market. With the approaching UK general election in May , the new government is expected to come under pressure to revise tax reforms in order to kick start UK oil production. Western sanctions, coupled with the fall in oil prices have resulted in the CIS Job Index dropping to the lowest levels in six years.