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resourcing

Oil & Gas

Opinion: Demand will overtake supply again

Oil and gas news this week has understandably focused on the continued announcements of job losses across the industry. We’ve heard about it from the industry perspective, we’ve heard about it from the education perspective and across the board, the message seems to be “let’s get this into context”. From an oil and gas recruitment perspective, the message is similar – but with some additional insights on offer. Back in October, when initial contractor rates cuts were grabbing the headlines, we advised those looking to move job to sit tight as we were certain that the cuts would extend across industry, affecting most companies and encompassing staff personnel, too. No point in jumping from the frying pan into what turns out to be the fire.