By 2016, Norway will be missing 20 percent of the necessary qualified workforce to keep up with new projects related to conventional hydrocarbon production. The access to new hydrocarbon resources made the number of projects increase in Norway.
According to Andrew Gould, Chairman of British energy company BG Group Access, these new projects “will require a workforce bigger than we have seen for 25 years,” in Norway. Continue reading
According to Jaran Rystad, CEO of Rystad Energy, Norway will reach a new peak around 2022. Norway was the number one exploration country in 2011, and it promises to reach a production of 4 million barrels oe. per day in 2022, achieving a new peak and record in the oil and gas production history.
Jaran Rystad, CEO of Rystad Energy, also stated that “… fifty percent of the production by then will come from new fields, requiring significant investments in new infrastructure. Existing fields will still need the same levels in total spend as today for drilling, modifications and maintenance.” Continue reading