Oil and Gas

Low levels of exploration and a 15% increase in production costs have both been significant challenges faced by the oil and gas sector in the last few years

Rig availability and access to capital are among the major barriers to success listed by oil and gas companies, as well as the struggle to replace highly skilled retirees leaving the sector.

With investment in the sector scheduled to fall by nearly half within three years, now is the time for oil and gas organisations to future-proof themselves with effective learning strategies.

There are several key opportunities for learning in the oil and gas sector. Firstly, high-risk working conditions (be they geopolitical, mechanical, technological or geological) pose a need for rigorous compliance training to ensure the safety of workers. Secondly, new technologies, such as 3D and 4D imaging software, have created a need for rapid skills acquisition to ensure the right people can use these expensive programmes effectively.