A Joint HR/Technical Discipline Approach to Recruitment, Development and Retention of Talent Worldwide

Today’s high-oil price environment is providing a number of challenges for the industry, be they technological, political,<br>economic, or a combination of all three. One of the economic drivers is manpower: the shortage of skilled labour – a product<br>of industry layoffs and limited recruitment during the downturn, and the resulting closure of university departments<br>specialising in the different oil-industry disciplines, at a time when high oil prices render previously uneconomic projects<br>attractive and lead to an increase in activity – means that companies must become more imaginative in terms of sourcing,<br>developing, and retaining talent.