The Daily Telegraph Careers in Oil and Gas For details contact Nicholas Biscomb on 020 7931 3129; [email protected] Booking deadline: February 1 Copy deadline: February 8 The Daily Telegraph is publishing its Careers in Oil and Gas supplement on Monday, February 15, 2012, following on from the success of its 2011 supplements. Giving you the opportunity to promote your company alongside award-winning editorial, this supplement will cover an abundance of topics for an incisive audience, focusing on current professional opportunities, the prevailing state of the market and new UK and global developments, and presenting an overview of the live status of the industry. The Daily Telegraph enjoys a strong association with the oil and gas sector, holding 95pc of the market share for jobs, and we will continue to support this sector. We have also worked with many key partners, including BG Group, BP, Shell and Exon, to name a few. Our Careers in… supplements provide an invaluable and regular opportunity for companies to promote their brands in trusted, credible environments — both in our newspaper and on our website — to a market-leading audience. Take a look at jobs.telegraph.co.uk/ careers-insider to see some examples of our previous supplements. Target your key audience nationwide by partnering with The Daily Telegraph PLUSDEALING WITH SPILLS, WOMEN IN THE SECTOR, LIFE AS A HELICOPTER PILOT, RECRUITMENT SCHEMES, MARINE CARTOGRAPHY The Daily Telegraph GETTY Wednesday, August 24, 2011 jobs.telegraph.co.uk CAREERS IN OIL AND GA S The quest to extract fossil fuels from more remote areas will create openings for those with the right expertise, says Thea Jourdan Deep beneath the ocean floor, drilling through thousands of feet of solid rock in extremes of temperature and under tonnes of pressure: the task of recovering fossil fuels has always been challenging, and never more so than today. “With traditional fields in decline and new reserves increasingly being found in remote locations, extraction is becoming more difficult. In the past, the UK’s oil and gas was extracted from the relatively shallow North Sea,” says Neil Gordon, chief executive of Subsea UK, which represents the interests of the subsea supply chain. “That’s still happening, but new reservoirs in the deep waters west of Shetland require the highest level of technical expertise and cutting- edge technologies to bring them to refineries.” Globally, this push to explore in remote areas, and often in pristine environments such as the Arctic, means conservation is now a top priority. Civil unrest in oil-rich Middle Eastern nations has also thrust the issue of supply towards the top of the political agenda. Prior to the current drop in oil prices, impacted by developments in Libya, prices had soared in recent months. All this flux is set against a backdrop of deadlines for lowering carbon emissions. With such challenges, perhaps it is no surprise that the key issue facing UK oil and gas firms is their ability to attract appropriately skilled staff, according to the latest Labour Market Intelligence Survey commissioned by Opito and Skills Development Scotland. “Without the right people the issues facing the industry cannot be tackled,” explains Mike Duncan of Opito, the UK oil and gas industry’s focal point for skill and workforce development. “Even if everything else is up in the air — the price of oil, the stability of governmental tax regimes and uncertainty about supply — there should be a stable investment in skills.” A predicted skills shortage, caused by an ageing workforce and too few young people taking STEM (science, technology, engineering and mathematics) subjects at school and university, makes this even more crucial. Opito predicts that the oil and gas sector will need 10,000 more employees over the next five years, simply to meet demand. But it could yet adjust this figure downwards, due to an unexpected tax increase levied by the Government on UK oil producers at the last Budget. “It has hit investor confidence and may mean planned projects are put on hold,” says Duncan. Oil & Gas UK, the trade association for the offshore industry, has said the tax increase will reduce momentum in the industry. Mike Tholen, its economics director, points out that a report by consultancy firm Deloitte showed that North Sea drilling activity fell by 52 per cent between April and June this year, compared to the same period in 2010. “This is not what we would expect,” he says. “It is increasingly apparent that there is a link between this and the tax levy.” He is pleased that the Treasury has already signalled a concessionary stance, even tweaking the tax levy in July to lighten the burden on start-up companies and those breaking new ground in exploration and developing fields. Charles Hendry, Minister of State for the Department of Energy and Climate Change (DECC), says: “The Government is committed to supporting investment, which is why the Chancellor announced at the Budget that we would work with industry to consider the case for new categories of field qualifying for field allowance. As part of this discussion, we have already increased the Ring Fenced Expenditure Supplement from six to 10pc, to provide extra support for new entrants and to make the current field allowance more effective and equitable. This has resulted in the restarting of activity on the Mariner and Bressay heavy oil fields.” BP, the UK’s largest producer and investor in oil and gas, has signalled its resolve not to be deterred by announcing a £3billion investment in developing fields west of the Shetlands. “We are ploughing ahead in spite of the changes,” says Trevor Garlick, Head of BP’s North Sea operations. “The company view is that it doesn’t make decisions easier, but we will keep going with major projects already in train. The North Sea is a key part of BP’s global portfolio.” BP’s policy of investing in people will also be maintained. “We learned years ago that it wasn’t a good idea to alter graduate intake according to that year’s profitability,” says Garlick. This September 150 graduates will join BP, the same number as in the past two years. It also plans to hire around 300 mature recruits with a range of specialisms. “The complexity and scale of our ventures means we need people with technical backgrounds but also those with financial expertise and negotiating skills,” adds Garlick. According to Emma Hudson, senior consultant, oil and gas, at technical recruitment firm Advanced Resource Managers, a growing number of engineers are moving sideways into oil and gas from related sectors. “The industry has always offered very generous terms. It’s not unprecedented to see pay rises of between 30pc and 40pc if you successfully move across.” Whatever area you choose, your career will have staying power, says Hendry. “The industry offers a wonderful range of highly paid jobs, and excellent long-term career prospects. Particularly attractive are the rewarding, varied opportunities for young people, which offer transferable skills that are not only valued here in the UK, but also globally, where UK engineers are renowned for their excellence.” In association with * * * * * * * * * * * * Sponsors of the supplement are afforded an exceptionally high level of activity, with the value of the content being several times greater than the cost. Sponsors are guaranteed: Regular contact with Daily Telegraph journalists, to discuss themes and, when appropriate, supply quotes, case studies and images. Corporate logo placement on the top right of the front page. The opportunity to make a creative impact and optimise brand visibility across the entire telegraph.co.uk audience, with the use of corporate banners, buttons or MPU. Your benefits as a sponsor An affluent, loyal, influential audience. The Daily Telegraph is Britain’s best-selling quality daily newspaper, reaching 1.7 million people.¹ 82pc of The Daily Telegraph’s readers look at no other quality daily.² More CEOs, MDs and directors turn to The Daily Telegraph than to any other quality daily.³ We carry more jobs than any other quality title in the following sectors: 85pc of engineering roles; 84pc of manufacturing; 95pc of oil and gas; 65pc of building and construction. What we can offer you Sources: 1. NRS Sep 09-Oct 10. 2. NRS Sep 09- Dec 10. 3. Premier TGI 09 4. NMR Job Dynamix, Number of Jobs, print and online combined, private sector only, Dec 08–Nov 09, CCMS
The Daily Telegraph Careers in Oil and Gas Daily Telegraph Careers in Oil and Gas For details contact Nicholas Biscomb on 020 7931 3129; [email protected] Booking deadline:
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The Daily Telegraph
Careers in Oil and Gas
For details contact Nicholas Biscomb on 020 7931 3129; [email protected]
Booking deadline: February 1 Copy deadline: February 8
The Daily Telegraph is publishing its Careers in Oil and Gas supplement on Monday, February 15, 2012, following on from the success of its 2011 supplements.
Giving you the opportunity to promote your company alongside award-winning editorial, this supplement will cover an abundance of topics for an incisive audience, focusing on current professional opportunities, the
prevailing state of the market and new UK and global developments, and presenting an overview of the live status of the industry.
The Daily Telegraph enjoys a strong association with the oil and gas sector, holding 95pc of the market share for jobs, and we will continue to support this sector. We have also worked with many key partners, including BG Group, BP, Shell and Exon, to name a few.
Our Careers in… supplements provide an invaluable and regular opportunity for companies to promote their brands in trusted, credible environments — both in our newspaper and on our website — to a market-leading audience.
Take a look at jobs.telegraph.co.uk/ careers-insider to see some examples of our previous supplements.
Target your key audience nationwide by partnering with The Daily Telegraph
PLUS DEALING WITH SPILLS, WOMEN IN THE SECTOR, LIFE AS A HELICOPTER PILOT, RECRUITMENT SCHEMES, MARINE CARTOGRAPHY
The Daily Telegraph
GETTY
Wednesday, August 24, 2011 jobs.telegraph.co.uk
CAREERS IN
OIL AND GAS
The quest to extract fossil fuels from more remote areas will create openings for those with the right expertise, says Thea Jourdan
Deep beneath the ocean floor, drilling through thousands of feet of solid rock in extremes of temperature and under tonnes of pressure: the task of recovering fossil fuels has always been challenging, and never more so than today.
“With traditional fields in decline and new reserves increasingly being found in remote locations, extraction is becoming more difficult. In the past, the UK’s oil and gas was extracted from the relatively shallow North Sea,” says Neil Gordon, chief executive of Subsea UK, which represents the interests of the subsea supply chain. “That’s still happening, but new reservoirs in the deep waters west of Shetland require the highest level of technical expertise and cutting-edge technologies to bring them to refineries.”
Globally, this push to explore in remote areas, and often in pristine environments such as the Arctic, means conservation is now a top priority. Civil unrest in oil-rich Middle Eastern nations has also thrust the issue of supply towards the top of the political agenda. Prior to the current drop in oil prices, impacted by developments in Libya, prices had soared in recent months. All
this flux is set against a backdrop of deadlines for lowering carbon emissions.
With such challenges, perhaps it is no surprise that the key issue facing UK oil and gas firms is their ability to attract appropriately skilled staff, according to the latest Labour Market Intelligence Survey commissioned by Opito and Skills Development Scotland.
“Without the right people the issues facing the industry cannot be tackled,” explains Mike Duncan of Opito, the UK oil and gas industry’s focal point for skill and workforce development. “Even if everything else is up in the air — the price of oil, the stability of governmental tax regimes and uncertainty about supply — there should be a stable investment in skills.”
A predicted skills shortage, caused by an ageing workforce and too few young people taking STEM (science, technology, engineering and mathematics) subjects at school and university, makes this even more crucial. Opito predicts that the oil and gas sector will need 10,000 more employees over the next five years, simply to meet demand. But it could yet adjust
this figure downwards, due to an unexpected tax increase levied by the Government on UK oil producers at the last Budget. “It has hit investor confidence and may mean planned projects are put on hold,” says Duncan.
Oil & Gas UK, the trade association for the offshore industry, has said the tax increase will reduce momentum in the industry. Mike Tholen, its economics director, points out that a report by consultancy firm Deloitte showed that North Sea drilling activity fell by 52 per cent between April and June this year, compared to the same period in 2010. “This is not what we would expect,” he says. “It is increasingly apparent that there is a link between this and the tax levy.”
He is pleased that the Treasury has already signalled a concessionary stance, even tweaking the tax levy in July to lighten the burden on start-up companies and those breaking new ground in exploration and developing fields.
Charles Hendry, Minister of State for the Department of Energy and Climate Change (DECC), says: “The Government is committed to supporting investment, which is why the
Chancellor announced at the Budget that we would work with industry to consider the case for new categories of field qualifying for field allowance. As part of this discussion, we have already increased the Ring Fenced Expenditure Supplement from six to 10pc, to provide extra support for new entrants and to make the current field allowance more effective and equitable. This has resulted in the restarting of activity on the Mariner and Bressay heavy oil fields.”
BP, the UK’s largest producer and investor in oil and gas, has signalled its resolve not to be deterred by announcing a £3billion investment in developing fields west of the Shetlands. “We are ploughing ahead in spite of the changes,” says Trevor Garlick, Head of BP’s North Sea operations. “The company view is that it doesn’t make decisions easier, but we will keep going with major projects already in train. The North Sea is a key part of BP’s global portfolio.”
BP’s policy of investing in people will also be maintained. “We learned years ago that it wasn’t a good idea to alter graduate intake according to that year’s profitability,” says Garlick. This
September 150 graduates will join BP, the same number as in the past two years. It also plans to hire around 300 mature recruits with a range of specialisms. “The complexity and scale of our ventures means we need people with technical backgrounds but also those with financial expertise and negotiating skills,” adds Garlick.
According to Emma Hudson, senior consultant, oil and gas, at technical recruitment firm Advanced Resource Managers, a growing number of engineers are moving sideways into oil and gas from related sectors. “The industry has always offered very generous terms. It’s not unprecedented to see pay rises of between 30pc and 40pc if you successfully move across.”
Whatever area you choose, your career will have staying power, says Hendry. “The industry offers a wonderful range of highly paid jobs, and excellent long-term career prospects. Particularly attractive are the rewarding, varied opportunities for young people, which offer transferable skills that are not only valued here in the UK, but also globally, where UK engineers are renowned for their excellence.”
In association with
* * *
* * * * * *
* * *
Sponsors of the supplement are afforded an exceptionally high level of activity, with the value of the content being several times greater than the cost.
Sponsors are guaranteed:Regular contact with Daily Telegraph journalists, to discuss themes and, when
appropriate, supply quotes, case studies and images.Corporate logo placement on the top right of the front page.The opportunity to make a creative impact and optimise brand visibility across the entire telegraph.co.uk audience, with the use of corporate banners, buttons or MPU.
Your benefits as a sponsorAn affluent, loyal, influential audience.The Daily Telegraph is Britain’s best-selling quality daily newspaper, reaching 1.7 million people.¹82pc of The Daily Telegraph’s readers look at no other quality daily.²More CEOs, MDs and directors turn to The Daily Telegraph than to any other quality daily.³
We carry more jobs than any other quality title in the following sectors: 85pc of engineering roles; 84pc of manufacturing; 95pc of oil and gas; 65pc of building and construction.
What we can offer you
Sources: 1. NRS Sep 09-Oct 10. 2. NRS Sep 09-Dec 10. 3. Premier TGI 09 4. NMR Job Dynamix, Number of Jobs, print and online combined, private sector only, Dec 08–Nov 09, CCMS
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