Study Shows Skills Shortage In Norway Constrains Oil Industry

Norway’s thriving oil sector is set for steady growth in the years ahead and a skills shortage, principally for highly trained engineers, is the biggest constraint, a new report said on Wednesday.

As quoted in market news:

The main constraint is the lack of qualified personnel, particularly experienced engineers. Of the surveyed firms, 84 percent said that a shortage of experienced engineers and project managers is a major challenge.

Norway, Europe’s second-biggest gas supplier and the world’s eighth-largest oil exporter, has been declining with output in recent years and needs to bring new fields online to boost production

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