September 2012
Columns
Executive Viewpoint
There’s a change taking place in the oil and gas industry. Thousands of geoscientists, petroleum engineers and oilfield workers, who were hired before the 1980s oil bust and recruitment freeze, are now reaching the retirement age. As these professionals leave the industry, they’re taking important knowledge and experience with them, and the current upswing in recruitment isn’t enough to slow the drain. This exodus from the industry is creating a challenging labor and knowledge gap.
