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According to a recent survey by Mercer, oil and gas industry is in the middle of talent crunch. It indicates that many employers are at the risk of losing approximately 60% of the workforce in the coming five years as they reach retirement age. This situation is going to offer enormous opportunities for people looking for lucrative jobs in oil and gas industry in overseas. The survey also revealed some other talent issues faced by employers in the oil and gas industry sector. About 74% of the employers stated the issue of technical skill gap as one of the major problems faced by oil and gas sector in UAE and other middle-east markets. Most of them also cited the shortage of leadership, management and supervision skills.
Abu Dhabi, which is one of the largest sources of oil and gas in UAE, is looking for magnifying its production to more than million barrels per day in the next six years. With the projects such as NASR, Umm Lulu, Upper Zakum, SARB, Abu Dhabi is likely to increase the production of gas in UAE. Therefore it is an excellent time to work in this sector in Abu Dhabi (UAE). In Oman, it is estimated that more than 20,000 professionals will be needed for new projects as well as to enhance the current oil and gas projects. According to a recruitment consultancy NES Global Talent, middle-east has been expecting a surge in opportunities in the oil and gas sector. According to them, Iraqi Kurdistan is one of the hottest spot for oil and gas exploration globally. The huge size of oil and gas market here has been attracting lot of investors and operators. Most of the companies are in the exploration phase which opens the prospects of massive employment opportunities in Iraq.