2009 saw more stability, but key industry players are suggesting that the lack of exploration activity can only drive the oil price to unprecedented heights with serious consequences for the global economy, most noticeably in the non-OECD countries where consumption is likely to continue to rise significantly.
Renewable and sustainable energy will undoubtedly increase in profile as the world looks for cleaner ways generate power, but questions still remain over commercial viability of projects and within the current a risk averse investment climate, the pace of development has generally slowed.
The overall uncertainty has had an impact in hiring activity within the market. The major players are highly focused on controlling costs, and the smaller organisations have generally struggled to raise the capital required to develop opportunities. Compared to the previous 4 years there has been less movement in the industry, but a continued period of stability within the market will stimulate opportunities as organisations will need to attract “hard to find” skill sets to maintain their competitive advantage.
Our experience in partnering with clients to identify and source talented individuals across a range of functions and geographies in this sector includes:
- VP Safety - FTSE 100 Mining Group
- Head of Information Technology - O&G Supermajor
- Head of Strategy - FTSE 100 Utility
- VP Commercial - FTSE 20 O&G Operator
- Head of M&A - Oil & Gas Operator
- Finance Director - O&G FTSE 50 Operator
- Regional HR Director - O&G Supermajor
- Global Sales Manager - Global Services Business
- FP & A Manager - O&G FTSE 250
- Chief Financial Officer - Mining Company (AIM listed)
- Chief Operating Officer - Junior O&G Company
- Managing Director - International Utility
- Head of Projects - National Oil Company
- Commercial Manager - FTSE 20 O&G Operator
- Head of LNG - Global Trading Business
- Project Director - Global Mining Organisation
For further information, please contact us.