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Global and Regional Markets

ADNOC: Nearly half of millennial and Generation Z STEM talent interested in oil and gas Industry

The oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM millennials and Generation Zs (Gen Z) interested in pursuing a career in oil and gas, compared to 77% in the technology sector, 58% in life sciences and pharmaceuticals, and 57% in healthcare – according to the inaugural global “Workforce of the Future” survey released by the Abu Dhabi National Oil Company (ADNOC) at CERAWeek by IHS Markit. Interest in oil and gas is on par with the marketing and advertising (48%), hospitality (47%), transport/logistics (46%) and retail (41%) industries. The survey was commissioned by ADNOC to examine future workforce and employment trends in the oil and gas industry, ...

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Interior proposes region-wide oil and gas lease sale 253 for Gulf of Mexico

In support of President Donald Trump’s America-First Offshore Energy Strategy, Joe Balash, Interior’s Assistant Secretary for Land and Minerals Management, and Walter Cruickshank, Bureau of Ocean Energy Management (BOEM) Acting Director, have announced that BOEM proposes to offer 78 million acres for a region-wide lease sale scheduled for August 2019...

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