Kevin Forbes, chief executive of Oil and Gas People, said that there could be up top 50,000 new roles created in the North Sea drilling sector.
The jobs bonanza will bring opportunities for engineers, geologists, parts-makers and support-services staff and will mean that the total number employed in the UK portion of the North Sea will be close to half a million.
"The consistently high oil price, tax changes and new technology have made it economically viable to extend the life of exiting projects and start new ones," he stated.
Mr Forbes also flagged up recent research from the Institute of Directors that suggested that a further 35,000 jobs could be created in the nascent shale-gas industry.
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Posted by Wayne Bly
Source: The Sales Engineer News