Key Findings

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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.

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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.

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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.

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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.