{"id":1474,"date":"2022-01-24T02:31:00","date_gmt":"2022-01-24T01:31:00","guid":{"rendered":"https:\/\/as-schneider.blog\/?p=1474"},"modified":"2021-12-14T06:17:40","modified_gmt":"2021-12-14T05:17:40","slug":"the-need-for-additional-training-to-close-skills-gap-in-oil-and-gas-industry","status":"publish","type":"post","link":"https:\/\/as-schneider.blog\/2022\/01\/24\/the-need-for-additional-training-to-close-skills-gap-in-oil-and-gas-industry\/","title":{"rendered":"Understanding the need for additional training to close the skills gap in the oil and gas industry"},"content":{"rendered":"\t\t
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Understanding the need for additional training to close the skills gap in the oil and gas industry<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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January 24 is celebrated as the International Day of Education. It highlights the role of education in promoting world peace and development. This day emphasizes the need for equitable, quality learning for all. And it also carries an important message for the industry in general:<\/strong><\/p>

In a rapidly changing technological environment, it is important for companies to acquire new skills and knowledge through continuous training of their personnel. Additional<\/span><\/span> training enables organizations to keep up with new trends in the industry. It also helps them close the gap between available and required skills. <\/span><\/p>

Companies that invest in the development of their staff are able to better respond to new opportunities and challenges. These can arise from changes in technology, regulations or standards.<\/p>

This blog article discusses why employee training is important for the oil and gas industry<\/span><\/span>. It also shows what causes the existing skills gap, <\/span>how this gap can <\/span><\/span>be bridged<\/span><\/span> and the challenges of retraining employees.<\/span><\/span>\u00a0<\/span>It emphasizes the importance of ongoing training for engineers, maintenance personnel & operators in the industry with a view to taking advantage of the latest technological advancements.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Importance of training in oil and gas industry<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In an industry survey, published in the Global Energy Talent Index (GETI) Report 2021, respondents were asked to identify the most important opportunities in the oil and gas sector over the next three years.<\/p>

64% of the respondents selected \u2018advances in engineering techniques and technologies\u2019 as one of the most important opportunity in the industry.<\/p>

Other popularly selected opportunities included \u2018transition to cleaner energy\u2019 (44%) and \u2018new digitally-enabled skills and competencies\u2019 (30%).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Source: GETI Report 2021, Page 15, https:\/\/www.getireport.com\/reports\/2021\/<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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In the same survey, respondents were also asked \u2018how can employers build resilience into the business?\u2019 According to 41% of the respondents, the answer lies in increased training and mentorship.<\/p>

The survey results show that in order to take advantage of the available opportunities, companies in the sector must invest in additional training of their staff.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How do these skill gaps actually arise in the oil and gas industry?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Skills gap is defined as the difference between the skills an employee has and the skills actually required to do the job well. The skills gap is considered to be especially wide by many experts in the oil and gas industry for the following reasons:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Unique training challenges<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The regulatory framework, to which the oil and gas industry must comply, is in a state of constant evolution.<\/p>

Businesses must carefully navigate regulations that require them to bear responsibility for the actions of their upstream suppliers, and the safety of extraction sites they build and operate. Compliance with new regulations mandates retraining of an aging workforce to address environmental concerns and safety hazards.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Advent of new technologies <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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New technologies such as artificial intelligence, data analytics, and the Internet of Things are transforming industries around the world; the oil and gas industry is no exception.<\/p>

In order to cut production costs, these technologies are being introduced into exploration, refining, and distribution activities. These new technologies cannot be internalized through workers who do not possess the requisite skills. In order to bridge the skills gap, workers must either be replaced or retrained.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Critical skills acquired through experience are not passed on <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Ideally, experienced employees should pass all the skills they have acquired on the job to a new generation.<\/p>

In practice, however, this is difficult to achieve as both generations of employees are preoccupied with performing their routine tasks. In addition, some skills require formal training sessions to be taught and learned.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Misconceptions about the oil and gas Industry amongst the younger generation<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The environmental issues surrounding the oil and gas industry and its fluctuating boom-to-bust nature have attached a stigma to industry jobs that is making it difficult to attract future talent.<\/p>

The millennials perceive careers in the industry as harmful to society, unstable, dirty and even dangerous. 62% of young Americans, born between 1998 and 2001, consider a career in oil and gas as unappealing, according to a survey of 1,200 young Americans released by Ernst & Young In 2017.<\/span><\/p>

The reluctance of the younger generations means that it is comparatively harder for the oil and gas industry to attract workers skilled in new technologies.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How to bridge the skills gap in the oil and gas sector?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The skills gap in the oil and gas industry is a major hurdle for organizations that want to fully exploit the emerging opportunities. These opportunities promise increased efficiency and profitability provided the skills gap can be bridged. There are several approaches to bridging the skills gap.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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