How can the oil & gas construction services expand so rapidly in a climate where most industries are in decline? Increasingly dependent on energy technology for services, the International Energy Agency estimates that by 2031, global energy demand will increase by a surprising 60% compared to the consumption we used at the beginning of the decade. easy to understand.

It is worth noting that we still have the fossil fuels we need to meet most of these needs, and while industry experts estimate that current reserves will only last 40 years, how much more can be found or is it economically viable? Contradictory views on the issue are growing. use

Oil and Gas

Oil and gas remain key to our daily lives, and we can easily connect 90 percent of transportation, food, pharmaceuticals and chemicals to them, as well as form the basis of modern life. As technology improves and the world's population grows, the demand for oil and gas will increase, and the need for production in already developed industries will increase.

The oil and gas sector continues to benefit from large investments, and this growing demand has led to a shortage of skilled workers. This offers a potential area of ​​interest for technical and professional staff looking to take advantage of the diversity of new job opportunities.

Further Investment

To provide a local solution, employers have traditionally had to rely on internationally qualified workers because there are no skilled workers in the region. If more investment is planned in the North Sea and the Great Yarmouth, a solution can be found as the number of unemployed increases; engineering, construction and property in this region?

By the nature of the work, there is a misconception that the industry can only offer short-term but well-paid careers. It is assumed that the shortage of oil and gas reserves in the North Sea will lead to a reduction, the demand exists only when there are many resources. However, with continuous improvement, companies are developing smaller marginal inventories and significantly extending the life of most of their existing production.

Opportunities

Norfolk has one of the oil hubs on the threshold, and other industries have opportunities in a rapidly declining climate. While additional investment in alternative energy sources such as wind, solar and biomass will help support demand, energy opportunities are expected to continue to grow in the near future.