Posted: February 11, 2013
Australia’s oil and gas workers enjoyed the highest average salaries in the industry in 2012 due to a skills shortage, with expatriates pocketing $171,000 a year, a study said on Friday.
Despite uncertain global economic conditions, wages in the oil and gas industry rose globally by 8.5 percent in 2012 to $87,300, according to Hays Oil and Gas Job Search. That follows an average increase of 6.5 percent in 2011.
“There would be few industries with such a track record of growth over the last few years in what has been, in the most part, an uncertain economic environment,” the report said.
World oil production in 2012 grew by 2 percent from the previous year to 89.17 million barrels per day and is expected to increase 1 percent this year, according to the U.S. Energy Information Administration.
Expatriates in Australia topped the list, and Norway came second, according to the survey, conducted among more than 25,000 employees. Among local hires, Australians workers were also the highest earners, with an average wage of $163,600.
“At the top of this year’s table, we once again see Australia and Norway. Both countries have limited skilled labour pools and significant workloads. The result is very high pay rates, although both would appear to have met some sort of ceiling,” the report said.
Australia is preparing to become one of the world’s largest liquefied natural gas (LNG) exporters, with 190 billion Australian dollars ($196.2 billion) worth of projects currently underway, requiring a vast workforce.
The average wage in the United States was significantly lower at $123,800. At the other end of the spectrum were expatriates in Sudan, who according to the survey, earned $59,800 in 2012. Wages tumbled in Iran, whose oil and gas production contracted last year as a result of Western sanctions over its disputed nuclear programme. The average expatriate salary in Iran dropped 27 percent in 2012 to $68,100, while the average for local employees fell 10 percent to $46,900, the study found. “Where imported salaries are concerned, it is once again the frontiers of the industry that are pushing the upper limits of pay. Representing a mix of danger money and hardship allowance in these base salaries, we find Russia’s Arctic exploration driving imported skills, and China’s drive on non-conventional skills also pulling in experts on premium rates,” Hays Oil and Gas Job Search said. The risks involved in some exploration and production regions were laid bare last month in Algeria, where Islamist gunmen attacked a gas plant, which led to the deaths of at least 38 local and foreign workers. Expatriate salaries in Algeria averaged $92,400 last year, according to the survey, which was conducted before the attack. As for areas of expertise, vice presidents and directors of subsea pipeline projects earned the highest average wages at $251,200, up 9 percent from 2011. Graduate salaries increased 12 percent to just under $40,000 in 2012. In an industry counting around 5 million people across the world, 47.4 percent are expatriates, with the remainder employed locally, the report said. ( C) Reuters
For more information and news please see http://www.fxcentre.com/news.asp?3033334
Sign Up to our Newsletter
Click Here
Posted: December 11, 2012
Conor Mowlds, Head of NMCI Services and Captain David Hopkins, Marine Director Mainport, were interviewed on Bobby Kerr’s business programme with Newstalk on December 9th. Up for discussion was the Barryroe oil field and offshore training.
Oil production at the one-billion-barrel Barryroe oil field off the Cork coast could commence within the next “two to three years” according to Tony O’Reilly, chief executive of the field’s owners Providence Resources.
Please click on the link below to listen to the full interview.
http://www.newstalk.ie/reader/47.305.376/1813/blog_list/
Sign Up to our Newsletter
Click Here
Posted: November 29, 2012
The National Maritime College of Ireland assists Dutch firm Competency Management Group (CMG) to develop and deliver training at the Tawazun Safety Security and Disaster Management City, Abu Dhabi, UAE:
“Last Updated:20 Nov 12
Tawazun Safety Security and Disaster Management City signs agreements with global training organizations
Abu Dhabi, November 20 2012:
Tawazun Safety Security and Disaster Management City (TSSDMC), a Tawazun Holding subsidiary offering multi-agency training for emergency preparedness and crisis management, has signed agreements with two international training providers.
The first agreement was signed with the Canada-based Ontario Fire Academy (OFA) which will see TSSDMC’s UAE-based Oil & Gas clients taught the skills required to be qualified Level 1 and 2 Fire Fighters. TSSDMC will work with the OFA to design, develop, and deliver short courses and programs as per the internationally-recognized standards of the US National Fire Protection Association (NFPA).
The second agreement was signed with a Dutch firm, Competency Management Group (CMG), who together with their educational partner the National Maritime College of Ireland (NMCI), will develop curriculum and deliver training that comply with international standards. The training will be provided to TSSDMC’s clients such as the UAE Armed Forces, UAE Navy, Coastguard as well as companies from the Oil &Gas and other sectors.
Khaleefa Al Hemairi, Project Director for TSSDMC said: “We are committed to providing the best possible education and training in the fields of safety, security, emergency preparedness and disaster management by collaborating with a hand-picked selection of international partners. By doing this, we hope to further
strengthen the UAE’s capability to mitigate the impact of natural disaster or man-made crisis and maintain overall business continuity.
“We are confident that with these new agreements with the Ontario Fire Academy and Competency Management Group, we can help prepare UAE industries and communities to effectively respond to emergencies, decrease the number of fatalities and reduce damage to infrastructure and property,” he added.
TSSDMC – together with its collaborative partners – will deliver technical vocational and professional training that fuses scenario-based live training with virtual
simulation.”
-Ends-
About Tawazun Holding
Tawazun Holding is a strategic investment firm focused on the long-term development of UAE’s industrial manufacturing and technology capabilities and
knowledge-transfer with a specific focus on the defense sector.
Established in 2007 as a fully owned subsidiary of Tawazun Economic Council, Tawazun Holding’s mission is to develop profitable ventures through industrial partnerships and strategic investments that add to the country’s industrial manufacturing layer in the areas of defense, defense manufacturing and manufacturing technology.
For more information please contact:
Saif Ali Al Marzooqi
Associate Director – Corporate Communications
Tel: +971 2 6160163
Email: salmarzooqi@tawazun.ae”
© Press Release 2012
Sign Up to our Newsletter
Click Here
Posted: January 25, 2012
A recent report in Engineer Live by NES Global Talent has predicted that oil and gas companies will take on extra staff in 2012. This demand in engineers is expected to happen within 3-5 months with exploration and production activity on the rise.
For more information, visit www.nesglobaltalent.com
To view the full story click here.
Sign Up to our Newsletter
Click Here
Posted: December 9, 2011
Are you in need of OPITO approved training in the New Year? We have released our 2012 course schedule which includes Basic Offshore Safety Induction & Emergency Training, Minimum Offshore Industry Safety Training and Further Offshore Emergency Training.
Our offshore course are designed to provide delegates with a basic knowledge of safety and emergency response procedures for working in offshore environments.
Perhaps you are in need of refresher training?
The FOET is a 1-day course which refreshes your existing BOSIET certificate for a further 4 years.
For further information just contact us on + 353 21 4970 609 or email us info@seftecnmcioffshore.com
Sign Up to our Newsletter
Click Here
reply
retweet
favorite
Connect with NMCIS