Oil And Gas Jobs Near Two-Year High

A recent survey says vacancies in the world oil and gas industry have come back from a lull since last summer and is now nearing a two-year high which happened in May.

According to the Hays Oil & Gas Global Job Index, a strong third quarter result despite some economic and seasonal headwinds for the industry.

The survey indicated that the number of jobs posted on nine oil and gas websites hit its second highest level in September since October 2010.

Matt Underhill, managing director of Hays, the oil and gas industry recruiter, said macro-economic concerns continued to be a secondary factor in a generally confident oil and gas jobs market.

He said almost all regions of the world are seeing more jobs advertised than during the summer months.

Underhill said skill shortages, high retirement rates in Europe and North America and burgeoning developments in areas such as East Africa and Russia’s Yamal region all outweighed the ailing growth rates of the global economy.

He maintained that winter in the Northern Hemisphere would bolster the oil price and drive confidence further in regions such as Europe, which saw the strongest rate of growth in the latest survey despite ongoing debt woes.

Oil and gas jobs near two-year high.

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