Key Findings

In the Short-Term, Increased Activities have brought about a
Renewed Focus on Attraction and Retention Issues and Workforce
Strategies within the Petroleum Industry.
- An astounding 90% of respondents are currently recruiting due
to expansion and/or replacement demand.
- Aside from conducting recruitment activities to meet their
labour and skills requirements, employers are also looking into
increased training and improved productivity of their current
workforce.
- While companies are continuing to benefit from the increased
labour supply, they are still experiencing shortages in
hard-to-recruit locations and specific skill sets.
Short-Term HR Trends
Find out more about current issues and short-term trends
impacting the petroleum workforce.
To request the latest Short-term HR Trends report, contact Claudine Vidallo.
In the Medium- to Long-Term, Key Council findings include:
- Workforce shortages are expected to return for some occupations
in 2011 and across the petroleum industry as a whole in 2012.
- Retiring workers will affect all sectors within the petroleum
industry within the next 10 years.
- Workforce shortages mean industry, employment, training and
educational institutions and governments need to develop strategies
to attract, retain and develop a skilled workforce for the upstream
petroleum industry.
- Oil sands will provide the greatest number of new employment
positions versus replacement positions.
- E&P and the Services sectors will remain industry's biggest
employers.
- Approximately 105,000 workers will need to be hired by 2020 to
support new industry activity and to replace retiring workers.
Long-Term HR Trends
Find out more about long-term employment trends in the petroleum
industry and the labour supply pools that the industry can draw
from.
Labour Supply and Demand Gaps
Find out more about the oil and gas occupations that will
experience workforce shortages within the industry and some
recruitment and retention strategies to address these
shortages.
Download
Supply Demand Analysis 2009-2020 Petroleum LMI Report.
Implications for Recruitment, Training and Career
Counselling
The petroleum industry will continue to provide significant job
opportunities through 2020 in both E&P and the oil sands.
- Industry's aging workforce will drive significant replacement
demand starting in 2010.
- The Oil sands sector will provide a significant number of new
employment positions.
- The E&P and the Services sectors will remain the petroleum
industry's biggest employers.
- As petroleum industry growth increases, workforce shortages
will be experienced in key engineering, operator and trades
roles.
- Training and education programs and immigration policies are
needed to support the development of skilled and knowledgeable
labour.