UG’s oil and gas programmes coincide with report on impending global skills crisis in sector

Ivelaw Griffith

The fast approaching manifestation of first oil for Guyana, is coinciding with what Oil and Gas People, one of the world’s leading job sites in the sector, says is an impending skills crisis which will impact the industry as a whole.

Oil and Gas People is quoted in a January 23 Report as alluding to the Global Energy Talent Index involving 17,000 respondents from around the world, out of which 40% are of the view that a skills crisis already exists, while 28% anticipate that the scarcity will “take hold” within the next five years. Nearly half of the respondents reportedly said that they were concerned about an impending skills crisis.One of the reasons cited in the report for the shortage of workers trained to work in the various sub-sectors of the oil and gas sector, is what it says has been the decision by many companies to cut back on graduate schemes, apprenticeships and training programme, during the downturn in oil prices, thereby slowing the influx of young talent into the sector.